New purpose-built blockchain T-Rex raises $17 million to transform attention layer in Web3

Hong Kong, Hong Kong, May 9th, 2025, 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, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund, and developed by EVG, Asia’s prominent product builder and publisher, known for driving mass adoption, T-Rex directly addresses the critical