Market Cap: $2.2274T 1.22%
Volume(24h): $43.1719B 13.79%
  • Market Cap: $2.2274T 1.22%
  • Volume(24h): $43.1719B 13.79%
  • Fear & Greed Index:
  • Market Cap: $2.2274T 1.22%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

Cryptocurrency News Articles

Launching Summer 2025, T-Rex's Built-in Distribution Engine Introduces a Radically Simple Idea

May 09, 2025 at 11:13 am

Launching Summer 2025, T-Rex's Built-in Distribution Engine Introduces a Radically Simple Idea

Hong Kong, Hong Kong, May 9th, 2025, Chainwire

T-Rex, a blockchain focused on entertainment, content, and cultural virality, has announced a $17 million fundraise and Incubation Fund to reshape online content publishing and consumer-facing decentralized applications (dApps) discovery, deployment, and virality.

The new chain, which is powered by Arbitrum and being launched this summer, flips the model of most blockchains, which have great technology but lack real users, culture, and reasons to stay.

Instead, T-Rex’s (pronounced “trex”) core innovation - Proof-of-Engagement (PoE) - is an easily deployable browser extension that begins by automatically rewarding users on apps they already use daily.

This allows users to collect digital assets and convert them to fiat at any time, or use them for other perks such as cash back at favorite restaurants or exclusive local deals.

Announced today, T-Rex has raised a $17 million seed round led by Framework Ventures, Arbitrum Gaming Ventures, and Portal Ventures.

The round also includes participation from North Island Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund.

The chain is being developed by EVG, Asia’s prominent product builder and publisher, known for driving mass adoption with hit products like Zing MP3 (18+ million users) and TogetherVN (8+ million users).

Its technologies will be integrated into T-Rex’s ecosystem.

“Arbitrum Gaming Ventures recognizes the transformative potential of platforms like T-Rex that are expanding Web3 beyond DeFi. EVG’s strong regional influence and deep understanding of the Southeast Asian market, projected to reach $7 billion by 2028, provide a strategic gateway for us to significantly scale our footprint within this high-growth region. Combining our robust scaling capabilities with EVG’s extensive ecosystem expertise, we are strategically positioned to penetrate the entertainment industry and broader consumer market in a pivotal and rapidly expanding part of the world,” said Dan Peng, Partner at Arbitrum Gaming Ventures.

Original source:livebitcoinnews

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 27, 2026