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Home»Blockchain»The new blockchain specially designed T-Rex increases $ 17 million to transform the attention layer in web3
Blockchain

The new blockchain specially designed T-Rex increases $ 17 million to transform the attention layer in web3

May 10, 2025No Comments
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Hong Kong, Hong Kong, May 9, 2025, Chainwire

Launch of the summer of 2025, the integrated T-Rex distribution engine has a radically simple idea: rewarding people in a transparent way for doing what they already like online.

RexBlockchain for entertainment, content and cultural virality, announced today a fundraising and incubation fund of $ 17 million to revolutionize the publication of online content by perfectly rewarding Web3.

Supported by strategic investors, notably Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, Arksstream Capital, Mindfulness Capital, Hypersphere, SNZ and Arched Fund, and developed by EVG, the prominent products manufacturer of Asia, the product generator and the “mercenary users” And “mercenary users” in the blockchain.

“Arbitrum Gaming Ventures recognizes the potential transformer of platforms like T-Rex which expands web3 beyond the strong regional influence of Defi. EVG and an in-depth understanding of the Southeast Asian market, projected to reach $ 7 billion by 2028, provide us with a strategic gateway to considerably set our imprint in this great growth region. To penetrate the entertainment industry and the wider consumer market in a hinged and rapidly expanding part of the world, “said Dan Peng, partner at Arbitrum Gaming Ventures.

T-REX uses the powerful layout of layer 2 of arbitrum, offering ultra-fast, secure and low cost essential for consumer-scale adoption. Arbitrum Gaming Ventures has specifically identified T-Rex as the key to its regional growth strategy.

T-Rex: a new type of culture internet blockchain

(User interface screenshot: a user gains rewards while browsing YouTube with the extension of the T-Rex browser.)

While web3 holds the promise of a revolutionary change, the current landscape is fragmented, not very friendly and often empty with underused DAPPs. Despite all its innovation, most channels lack real users, real culture and real reasons to stay. T-Rex returns the model with its first simple principle: Stop trying to reinvent user habits and improve them invisible. Its basic innovation mechanism, proof of engagement (POE), automatically rewards users on the applications they already use daily thanks to a browser extension preserving confidentiality, transforming daily online actions such as watching videos, like publications and sharing memes in tangibles, a precious digital property and offline loss.

“Instead of building another blockchain pipe, we deliver real water: engaging content, prosperous communities, real awards,” said Allen NG, co-founder of T-Rex and EVG. “Users should not have to think of Crypto before they want it. Our blockchain remains invisible, allowing them effortlessly to transform their pleasure into line into significant rewards. Our vision is to let attention will become equity, the community becomes power and participation becomes money. ”

Radical simplicity: web3 that looks like Tiktok, not a cryptographic wallet

(Screenshot of the user interface: Discovery Home pushing the contents and DAPPs relevant to the user.)

At launch, users simply install the extension of the T-Rex browser and continue to travel the popular social media platforms. Each interaction is discreetly recorded via advanced zero knowledge technology (ZKTLS), and transformed in a transparent manner into awards, without portfolio or technological jargon required.

Creators and projects benefit from an instant discovery and viral distribution, while end users earn effortless rewards, exchangeable both digitally and offline, such as a money back in favorite restaurants or exclusive local offers.

“The next wave of applications in small groups will be defined by distribution, user / UX interface and product differentiation. The T-Rex team obtains it. Evan Fisher, founder and general partner of Portal Ventures.

“The web infrastructure 3 has matured, but it still lacks the momentum of consumers because only a few use cases resonate with the masses. T-Rex is a strong competitor to fill this gap. Twist SCHER PARTNER Director and co-founder of North Island Ventures.

Incubation of the new digital metropolis

The $ 8 million incubation fund supported by EVG with the support of arbitrum playing companies will accelerate the growth of ecosystems, providing full support to developers beyond capital, including engineering resources, media partnerships, community activations, premium events, keywood leader networks (KOL) and strategic intellectual property applications (IP).

“We provide real firepower, not just capital”, Joyce Yim, co-founder of T-Rex, underlined. “The developers acquire immediate user traffic, creators become effortless audiences and users become not only spectators, but stakeholders in the success of viral content.”

Planned at launch in the summer of 2025, the distribution layer and the T-REX browser extension create railways connecting popular online consumption applications such as games, music, interactive media and web3. Creators who reward the best users with digital assets, new projects, winning an instant discovery, to active users who earn a stake, the T-REX ecosystem is designed for intuitive use, cultural resonance and large-scale economic empowerment.

About T-Rex

T-Rex is a new blockchain ecosystem built by consumer-oriented applications, designed to transform the web3 attention layer by its innovative mechanism for proof of commitment (POE).

Developed by EVG and supported by leading investors, notably Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures and Portal Ventures, T-Rex offers creators and developers a UX-ST infrastructure with discovery, rewards and integrated construction.

Website: https://trex.xyz/

Twitter: https://x.com/trex_chain

About EVG

Founded in 2018, EVG is one of the most important web3 manufacturers and publishers in APAC. With more than 200 engineers and more than 10 million users, EVG has built a complex of innovative products in consumer infrastructure (for example Edgen AI, T-REX), DAPPS of entertainment / culture (for example Deek, Last Odyssey, Liveart) and fintech platforms (for example Aspen Digital).

The EVG corporate arm also has strategic issues in more than 100 web 3 companies, including tastes of Celestia, Wormhole, Berachain, Grassouillant Penguins, Abstract, Infinex, Dapper Labs, Animoca Brands, The Sandbox, Stacks, Immutable, Kraken and Dunamu.

Website: https://www.evg.co/

Twitter: https://twitter.com/evghq/

Media contact: (Protected by e-mail)

Contact

Public relations manager
Kelvin Yeo
Everest Ventures group
(Protected by e-mail)

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