Hong Kong, Hong Kong, Could ninth, 2025, Chainwire
Launching Summer time 2025, T-Rex’s built-in distribution engine introduces a radically easy thought: rewarding folks seamlessly for doing what they already love on-line.
T-Rex, a purpose-built blockchain for leisure, content material, and cultural virality, right this moment introduced a $17 million fundraise and Incubation Fund to revolutionize on-line content material publishing by seamlessly rewarding shoppers for on a regular basis interactions on social platforms resembling YouTube, TikTok, or X (previously Twitter) and reshape how consumer-facing decentralized purposes (dApps) are found, printed, distributed and scaled throughout Web3.
Backed by strategic traders together with Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund, and developed by EVG, Asia’s outstanding product builder and writer, recognized for driving mass adoption, T-Rex instantly addresses the vital “ghost city” and “mercenary customers” challenges in blockchain.
“Arbitrum Gaming Ventures acknowledges the transformative potential of platforms like T-Rex which can be increasing Web3 past DeFi. EVG’s sturdy regional affect and deep understanding of the Southeast Asian market, projected to achieve $7 billion by 2028, present a strategic gateway for us to considerably scale our footprint inside this high-growth area. Combining our sturdy scaling capabilities with EVG’s in depth ecosystem experience, we’re strategically positioned to penetrate the leisure business and broader client market in a pivotal and quickly increasing a part of the world,” mentioned Dan Peng, Accomplice at Arbitrum Gaming Ventures.
T-Rex leverages Arbitrum’s highly effective Layer-2 scaling answer, delivering ultra-fast, safe, and low-cost transactions important for consumer-scale adoption. Arbitrum Gaming Ventures has particularly recognized T-Rex as key to its regional progress technique.
T-Rex: A New Type of Blockchain for the Tradition-First Web
(UI screenshot: A person incomes rewards whereas looking YouTube with T-Rex’s browser extension.)
Whereas Web3 holds the promise of revolutionary change, the present panorama is fragmented, user-unfriendly and infrequently empty with underutilized dApps. Regardless of all its innovation, most chains lack actual customers, actual tradition, and actual causes to remain. T-Rex flips the mannequin with its easy first precept: cease making an attempt to reinvent person habits and as a substitute improve them invisibly. Its core innovation, Proof-of-Engagement (PoE) mechanism, mechanically rewards customers on apps they already use day by day by way of a privacy-preserving browser extension, turning on a regular basis on-line actions like watching movies, liking posts, and sharing memes into tangible, invaluable digital possession and offline perks.
“As an alternative of constructing one other blockchain pipe, we’re delivering precise water: partaking content material, thriving communities, real-world rewards”, mentioned Allen Ng, Co-Founding father of T-Rex and EVG. “Customers shouldn’t have to consider crypto till they need to. Our blockchain stays invisible, letting them effortlessly flip their on-line enjoyable into significant rewards. Our imaginative and prescient is to let consideration turns into fairness, neighborhood turns into energy and participation turns into foreign money.”
Radical Simplicity: Web3 That Feels Like TikTok, Not A Crypto Pockets
(UI screenshot: Residence Discovery pushing related content material and dApps to person.)
At launch, customers merely set up T-Rex’s browser extension and proceed looking standard social media platforms. Each interplay is quietly, securely recorded through superior zero-knowledge tech (zkTLS), and seamlessly became rewards, with no pockets or tech jargon required.
Creators and initiatives profit from immediate viewers discovery and viral distribution, whereas finish customers earn rewards effortlessly, redeemable each digitally and offline, resembling money again at favourite eating places or unique native offers.
“The subsequent wave of breakout purposes shall be outlined by distribution, UI / UX, and product differentiation. The group at T-Rex will get this. They’re constructing a protocol that seamlessly onboards social media customers and permits them to monetize their knowledge by way of community rewards. We’re excited to again T-Rex as they merge protocol-native community design with clear client product experience,” mentioned Evan Fisher, Founder and Basic Accomplice of Portal Ventures.
“Web3 infrastructure has matured, but it surely nonetheless lacks client momentum as a result of only some use instances resonate with the plenty. T-Rex is a powerful contender to bridge this hole. By prioritizing tradition and abstracting complexity, it provides a path to broad adoption,” mentioned Travis Scher Managing Accomplice and Co-founder of North Island Ventures.
Incubating the New Digital Metropolis
The $8 million Incubation Fund backed by EVG with help from the Arbitrum Gaming Ventures will speed up ecosystem progress, providing complete developer help past capital, together with engineering assets, media partnerships, neighborhood activations, premium occasions, Key Opinion Chief (KOL) networks, and strategic Mental Property (IP) purposes.
“We offer actual firepower, not simply capital”, Joyce Yim, Co-founder of T-Rex emphasised. “Builders acquire quick person visitors, creators develop loyal audiences effortlessly, and customers develop into not simply spectators, however stakeholders within the success of viral content material.”
Set to launch in Summer time 2025, T-Rex’s distribution layer and browser extension create the railroads linking standard on-line client purposes resembling gaming, music, interactive media, and Web3. From creators rewarding prime customers with digital property, to new initiatives gaining immediate discovery, to lively customers incomes a stake, T-Rex’s ecosystem is designed for intuitive use, cultural resonance, and financial empowerment at scale.
About T-Rex
T-Rex is a brand new blockchain ecosystem purpose-built for consumer-facing purposes, designed to rework the Web3 consideration layer by way of its revolutionary Proof of Engagement (PoE) mechanism.
Developed by EVG and backed by main traders together with Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures, and Portal Ventures, T-Rex provides creators and builders a UX-first infrastructure with built-in discovery, rewards, and distribution, enabling the following billion customers to interact, earn, and construct on-chain.
Web site: https://trex.xyz/
Twitter: https://x.com/TREX_chain
About EVG
Based in 2018, EVG is one in all APAC’s largest and most lively Web3 product builders and publishers. With 200+ engineers and 10+ tens of millions of customers, EVG has constructed a posh of revolutionary merchandise throughout client infrastructures (e.g Edgen AI, T-Rex), leisure / tradition dApps (e.g Deek, Final Odyssey, LiveArt), and fintech platforms (e.g Aspen Digital).
EVG’s company enterprise arm additionally owns strategic stakes throughout 100+ Web3 corporations together with the likes of Celestia, Wormhole, Berachain, Pudgy Penguins, Summary, Infinex, Dapper Labs, Animoca Manufacturers, The Sandbox, Stacks, Immutable, Kraken and Dunamu.
Web site: https://www.evg.co/
Twitter: https://twitter.com/EVGHQ/
Media Contact: [email protected]
Contact
PR SupervisorKelvin YeoEverest Ventures Group[email protected]
