Hong Kong, Hong Kong, May 9, 2025, Chain Wire
Released in the summer of 2025, T-Rex’s built-in distribution engine introduces fundamentally simple ideas. It’s about seamlessly rewarding what you already love online.
T-Rex, a dedicated blockchain for entertainment, content and cultural virality, today announced a $17 million funding and incubation fund to revolutionize online content that seamlessly rewards consumers for everyday interactions on social platforms such as YouTube, Tiktok, X (formerly Twitter) and X (formerly Twitter). Web3.
It was developed by EVG and developed by renowned product builders and publishers in Asia, supported by strategic investors such as Portal Ventures, North Island Ventures, Framework Ventures, Arktres Capital, Mindfulness Capital, Hypersphere, SNZ and Arch Funds.
“Arbitrum Gaming Ventures recognizes the strong regional impact of EVG, which is projected to reach $7 billion by 2028, and the potential for transformation of platforms like T-Rex, which is expanding Web3 beyond its deep and deep understanding of the Southeast Asian market. “Arbitrum Gaming Ventures’ partner Dan Peng said:
T-Rex leverages Arbitrum’s powerful Layer 2 scaling solution to provide ultra-fast, secure, and low-cost transactions that are essential for consumer-scale adoption. Arbitrum Gaming Ventures specifically identifies T-Rex as the key to the regional growth strategy.
T-Rex: A new kind of blockchain for the first time in the internet
(UI screenshot: Users who earn rewards while browsing YouTube using the T-Rex browser extension.)
Web3 retains the promise of innovative change, but the current landscape is fragmented, user friendly, and often empty with underutilized DAPP. Despite all that innovation, most chains lack real users, real culture and real reasons to stay. T-Rex flips the model with a simple first principle. Stop trying to reinvent user habits and instead strengthen them invisibly. Its co-innovation, Proof of Engagement (POE) mechanism automatically rewards users for apps they already use every day through a privacy-providing browser extension, turning everyday online actions such as watching videos, posting, and sharing memes with concrete and valuable digital ownership and offline perks.
“Instead of building another blockchain pipe, we deliver real water: engaging content, thriving communities, real-world rewards,” said Allen NG, co-founder of T-Rex and EVG. “Users don’t have to think about crypto until they want it. Our blockchain remains invisible and easily transforms online fun into meaningful rewards.
Radical simplicity: Feels like a tiktok, not a crypto wallet, web3
(UI screenshot: Home Discovery that pushes related content and DAPP into users.)
Upon launch, users will install the T-Rex browser extension and continue browsing popular social media platforms. All interactions are quietly recorded safely via Advanced Zero-Knowledge Tech (ZKTLS), with no wallet or technical terminology required.
Creators and projects benefit from instant audience discovery and virus distribution, but end users can easily earn rewards for redemption both digitally and offline, including cashback on favorite restaurants and dedicated local deals.
“The next wave of breakout applications is defined by distribution, UI/UX, and product differentiation. The T-REX team is getting this. They’re building a protocol that seamlessly matches social media users, allowing data to be monetized through network rewards.
“Web3 infrastructure is mature, but it lacks consumer momentum as only a small number of use cases resonate with the masses. T-Rex is a strong competitor to fill this gap. It prioritizes culture and provides a wider path to adoption.
New digital metropolitan incubation
The $8 million incubation fund, supported by EVG with the support of Arbitrum Gaming Ventures, accelerates ecosystem growth and provides comprehensive, beyond capital developer support, including engineering, media partnerships, community revitalization, premium events, key opinion leaders (KOL) networks, and strategic intellectual property (IP) applications.
Joyce Yim, co-founder of T-Rex, emphasized that “it provides not only capital, but real firepower.” “Developers get immediate user traffic, creators can easily grow their loyal audiences, and users become stakeholders not only in the audience but in the success of viral content.”
T-Rex’s distribution layer and browser extension, scheduled to be released in the summer of 2025, creates a railway that links popular online consumer applications such as games, music, interactive media, and Web3. From creators who reward top users with digital assets to new projects that earn instant discoveries, to active users who earn stocks, the T-REX ecosystem is designed for intuitive use, cultural resonance, and economic empowerment on scale.
About T-Rex
T-Rex is a new blockchain ecosystem built for consumer applications, designed to transform the attention layer of Web3 through innovative engagement (POE) mechanisms.
Developed by EVG and supported by leading investors such as Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures and Portal Ventures, T-Rex offers creators and developers a UX-first infrastructure with built-in discovery, rewards and distribution, enabling the next billion users to engage, acquire and build.
Website: https://trex.xyz/
Twitter: https://x.com/trex_chain
About EVG
Founded in 2018, EVG is one of APAC’s largest and most active Web3 product builders and publishers. With over 200 engineers and over 100 million users, EVG has intricately built innovative products into consumer infrastructure (e.g. Edgen AI, T-Rex) and builds entertainment/culture dups (e.g. Deek, Last Odyssey, Liveart) and Fintech platforms (e.g. Aspen Digital).
EVG’s corporate venture arm also owns strategic interests in over 100 web3 companies, including Celestia, Wormhole, Berachain, Pudgy Penguins, Abstract, Infinex, Dapper Labs, Animoca Brands, The Sandbox, Immutable, Kraken, and Dunamu.
Website: https://www.evg.co/
Twitter: https://twitter.com/evghq/
Media Contact: Marketing@trex.xyz
contact
PR Manager
Kelvin Yeo
Everest Ventures Group
Marketing@trex.xyz
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