Web3 consumer entertainment platform T-Rex completes $17 million pre-seed financing, Portal Ventures and others participate

T-Rex, a Web 3 consumer entertainment platform, raised $17 million in pre-seed funding from Portal Ventures, NorthIsland Ventures, Framework Ventures, Arbitrum Gaming Ventures and others. T-Rex is committed to providing cryptocurrency rewards to users who watch content on X, TikTok, YouTube and other platforms through the "browse and mine" mechanism, and plans to launch a browser extension this summer.