The Good Tech Companies - New Purpose-Built Blockchain T-Rex Raises $17 Million to Transform Attention Layer In Web3

Episode Date: May 9, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/new-purpose-built-blockchain-t-rex-raises-$17-million-to-transform-attention-layer-in-web3. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #t-rex, #chainwire, #press-release, #blockchain-development, #crypto-trading, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. T-Rex is a purpose-built blockchain for entertainment, content, and cultural virality. Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. New purpose-built blockchain T-Rex raises $17 million to transform attention layer in Web3, by Chainwire. Launching summer 2025, T-Rex's built-in distribution engine introduces a radically simple idea, rewarding people seamlessly for doing what they already love online. T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and incubation fund to revolutionize online content publishing by seamlessly rewarding consumers for everyday interactions on social platforms such as YouTube, TikTok, or X, formerly Twitter, and reshape how consumer-facing decentralized applications,

DApps, are discovered, published, distributed and scaled across Web3. Backed by strategic investors including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, Arcstream Capital, Mindfulness Capital, Hypersphere, SNZ, and ArkyFund, and developed by EVG, Asia's prominent product builder and publisher, known for driving mass adoption, T-Rex directly addresses the critical, ghost town, and, mercenary users, challenges in blockchain. Greater than, Arbitrum Gaming Ventures recognizes the transformative potential of platforms greater than like T-REX that are expanding Web 3 beyond DeFi. EVG's strong regional greater-than-influence and deep understanding of the Southeast Asian

market, projected to greater than reach $7 billion by 2028, provide a strategic gateway for us to significantly greater-than-scale our footprint within this high-growth region. Combining our robust greater-than-scaling capabilities with EVG's extensive ecosystem expertise, we are greater than strategically positioned to penetrate the entertainment industry and broader greater-than-consumer market in a pivotal and rapidly expanding part of the world," said greater-than-Dan Peng, partner at Arbitrum Gaming Ventures. T-Rex leverages Arbitrum's powerful Layer 2 scaling solution, delivering ultra-fast, secure, and low-cost transactions essential for consumer-scale adoption. Arbitrum Gaming Ventures has specifically identified T-Rex as key to its regional growth

strategy. T-Rex. A new kind of blockchain for the culture-first int-er-net-ui screenshot. A user earning rewards while browsing YouTube with T-Rex's browser extension. While Web3 holds the promise of revolutionary change, the current landscape is fragmented, user unfriendly and often empty with underutilized DApps. Despite all its innovation, most chains lack real users, real culture, and real reasons to stay. T-Rex flips the model with its simple first principle, stop trying to reinvent user habits

and instead enhance them invisibly. Its core innovation, proof of engagement, PoE, mechanism, automatically rewards users on apps they already use daily through a privacy-preserving browser extension, turning everyday online actions like watching videos, liking posts, and sharing memes into tangible, valuable digital ownership and offline perks. Greater than, instead of building another blockchain pipe, we're delivering actual water, greater than engaging content, thriving communities, real-world rewards, said Alan Ng, greater than co-founder of T-Rex and EVG.

Greater than, users shouldn't have to think about crypto until they want to. Our blockchain greater than stays invisible, letting them effortlessly turn their online fun into greater than meaningful rewards. Our vision is to let attention becomes equity, community greater than becomes power and participation becomes currency. Radical simplicity. WEB3 that feels like TikTok, not a crypto wallet, UI screenshot. Home discovery pushing relevant content and DApps to user.

ATLaunch. Users simply install T-Rex's browser extension and continue browsing popular social media platforms. Every interaction is quietly, securely recorded via advanced zero-knowledge tech, ZKTLS, and seamlessly turned into rewards, with no wallet or tech jargon required. Creators and projects benefit from instant audience discovery and viral distribution, while end-users earn rewards effortlessly, redeemable both digitally and offline, such as cash back at favorite restaurants or exclusive local deals. Greater than, the next wave of breakout applications will be defined by distribution, UI, greater

than UX, and product differentiation. The team at T-Rex gets this. They're building greater than a protocol that seamlessly onboards social media users and allows them to greater than monetize their data through network rewards. We're excited to back T-Rex as greater than they merge protocol native network design with clean consumer product greater than expertise, said Evan Fisher, founder and general partner of Portal Ventures. Greater than, Web3 infrastructure has matured, but it still lacks consumer momentum because

greater than only a few use cases resonate with the masses. T-REX is a strong contender to greater than bridge this gap. By prioritizing culture and abstracting complexity, it offers greater than a path to broad adoption, said Travis Scherr-managing partner and co-founder Greater Than of North Island Ventures. Incubating the new digital metro polis The $8 million Incubation Fund backed by EVG with support from the Arbitrum Gaming Ventures will accelerate ecosystem growth, offering comprehensive developer support beyond capital, including engineering resources, media partnerships, community activations, premium events, key opinion leader, coal,

networks, and strategic intellectual property, IP, applications. Greater than, we provide real firepower, not just capital, Joyce Yim, co-founder of T-Rex greater than emphasized. Developers gain immediate user traffic, creators grow loyal greater than audiences effortlessly, and users become not just spectators, but stakeholders greater than in the success of viral content. Set to launch in summer 2025, T-Rex's distribution layer and browser extension create the railroads linking popular online consumer applications such as gaming, music, interactive media, and Web3. From creators rewarding top users with digital assets, to new projects gaining instant discovery, to active users earning a stake, T-Rex's ecosystem is designed for intuitive use, cultural resonance, and economic empowerment

at scale. About T-Rex'd Rex is a new blockchain ecosystem purpose built for consumer-facing applications, designed to transform the Web3 attention layer through ITS innovative Proof of Engagement – PoE – mechanism. Developed by EVG and backed by leading investors including Arbitrum Gaming Ventures, Framework Ventures, North Island 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, Twitter, https://x.com, Trex underscore chain about EVG founded in 2018, EVG is one of APAC's largest and most active web 3 product builders and publishers. With 200 plus engineers and 10 plus millions of users, EVG has built a complex of innovative products across consumer infrastructures, e.g. Edge and AI, T-Rex, Entertainment, Culture DApps, e.g. Deke, Last Odyssey, Live Art, and Fintech platforms, e.g. Aspen Digital. EVG's corporate venture arm also owns strategic stakes across 100 plus web3 companies including the likes of Celestia, Wormhole, Virachain, Pudgy Penguins, Abstract, Infinex, Dapper Labs, Animoca Brands, The Sandbox, Media Contact, Marketing at Trex, xyz. Tip This Story was published as a press release by Chainwire under Hacker Noon's Business

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