T-Rex Raises $17M for Blockchain Rewarding Social Media Interactions

T-Rex, a blockchain designed for entertainment, content, and cultural virality, has successfully raised $17 million in funding. This new blockchain aims to revolutionize online content publishing by rewarding consumers for their everyday interactions on popular social media platforms such as YouTube, TikTok, and X (formerly Twitter). The funding round was supported by strategic investors including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund. The blockchain is developed by EVG, a prominent product builder and publisher in Asia known for driving mass adoption.

T-Rex leverages Arbitrum’s Layer-2 scaling solution to deliver ultra-fast, secure, and low-cost transactions, which are essential for consumer-scale adoption. The blockchain addresses the challenges of the current Web3 landscape, which is often fragmented, user-unfriendly, and lacks real users and culture. T-Rex introduces a Proof-of-Engagement (PoE) mechanism that automatically rewards users for their daily online actions, such as watching videos, liking posts, and sharing memes, through a privacy-preserving browser extension. This mechanism turns everyday online actions into tangible, valuable digital ownership and offline perks, making the blockchain experience more seamless and rewarding for users.

At launch, users will simply install T-Rex’s browser extension and continue browsing popular social media platforms. Every interaction will be quietly and securely recorded via advanced zero-knowledge tech (zkTLS) and seamlessly turned into rewards, with no wallet or tech jargon required. Creators and projects will benefit from instant audience discovery and viral distribution, while end users will earn rewards effortlessly, redeemable both digitally and offline, such as cash back at favorite restaurants or exclusive local deals.

The $8 million Incubation Fund, backed by EVG with support from Arbitrum Gaming Ventures, will accelerate ecosystem growth by offering comprehensive developer support beyond capital. This includes engineering resources, media partnerships, community activations, premium events, Key Opinion Leader (KOL) networks, and strategic Intellectual Property (IP) applications. The fund aims to provide real firepower, not just capital, to developers, creators, and users, making them stakeholders in the success of viral content.

Set to launch in Summer 2025, T-Rex’s distribution layer and browser extension will 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. T-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, T-Rex offers creators and developers a UX-first infrastructure with built-in discovery, rewards, and distribution, enabling the next billion users to engage, earn, and build on-chain.