Web3 Consumer Rewards Platform T-Rex Secures $17 Million in Funding

Web3 consumer entertainment protocol T-Rex has completed a $17 million Pre-Seed funding round, with investors including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindful Venture Capital, Hypersphere, SNZ, and Arche Fund. 

T-Rex is dedicated to incentivizing network content consumers through cryptocurrency rewards. The platform plans to launch a browser plugin this summer, utilizing zero-knowledge Transport Layer Security (zkTLS) technology to achieve privacy-preserving data verification between Web2 and Web3 platforms. After installing the plugin, users can accumulate points to redeem crypto rewards by clicking the "popcorn" icon that appears in the corner of the screen while watching content on platforms like X, TikTok, or YouTube. The system will intelligently recommend decentralized applications based on user preferences. (The Block)