By CryptoNews - 3 months ago - Reading Time: 3 minutes
With VR and AR Poised To Explode, Crypto Project 5th Scape (5SCAPE) Can Spark Major Mainstream Breakthrough
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The cryptocurrency market is filled with promising projects positioned for global success, and one notably significant niche is AR/VR gaming. This sector is steadily moving toward becoming a tangible reality, propelled by the continuous enhancement of essential technologies, with cryptocurrency playing a significant role in driving this evolution.
With 5th Scape (5SCAPE), an Ethereum-based project leading the way in innovation, this might finally become a remarkable reality. The project brings novel concepts that could pave the way for a new era in immersive experiences. Here, we explore the key features of the 5SCAPE project and offer details about its presale.
5th Scape Is The Growth Solution For The VR Market
5th Scape is dedicated to exploring the realms of Augmented Reality (AR) and Virtual Reality (VR), with the goal of establishing the “world’s first AR & VR ecosystem that connects the smartest minds together.” With a broad vision encompassing VR games, hardware, and animations, the team has outlined a comprehensive strategy for its realization.
Ensuring widespread accessibility and compatibility with existing headsets and hardware is a crucial element of 5th Scape’s success. To achieve this, the team has committed to developing numerous VR games that are compatible with popular headsets such as Oculus Rift and Meta Quest 3. Additionally, there are plans to venture into creating their own VR headset and AR gaming chair once they establish a solid position in the industry.
In terms of specific VR game development, the team has unveiled titles currently in progress, including Cage Conquest, Epic Cricket Arena, Immersive Kickoff, Archery Master, and Thrust Hunter. Notably, Cage Conquest, focusing on combat sports, holds significance as the first game scheduled for release, tentatively set for the second quarter of 2024.
Shifting the focus to the presale phase, the project’s token demonstrates promising characteristics indicative of a successful initiative. For more in-depth information about the project, interested individuals can explore the website, which provides a wealth of insightful details.
Holders Of The 5SCAPE Token Gain Many Advantages
At the heart of the entire ecosystem lies the project token, 5SCAPE, acting as a pivotal element akin to fuel for a variety of interactions. It serves as the universal currency applicable across all 5thScape games, hardware products, and the developer marketplace. This token functions as the preferred method of payment for accessing 5thScape games and conducting in-game transactions, granting token holders exclusive discounts compared to alternative payment methods.
Holders of the 5SCAPE token also have the opportunity to stake their tokens, earning rewards through active participation in the project. Additionally, the 5thScape team envisions providing token holders with a voice in project development by allowing them to vote on fund allocation for marketplace projects, fostering community involvement in significant decisions.
Let’s explore the tokenomics of 5SCAPE: The project boasts a total supply of 5.21 billion tokens. The 5thScape presale is set to release 80% of the total 5SCAPE token supply, with the goal of raising up to $15 million. The presale unfolds in 12 stages, with the current price being $0.00187 and concluding at $0.0087 in the 12th stage, with the listing price established at $0.01. The upcoming stage will witness a price increase to $0.00215.
The remaining 20% of tokens have been allocated for other vital priorities. Ten percent is designated for exchange liquidity each. Token acquisitions during the presale follow a lock and vesting schedule, with 40% of acquired tokens unlocking at the 5SCAPE token generation event, while the remaining portion remains locked for 8 weeks. Staking rewards for presale tokens will vest after 8 months.
Conclusion
5th Scape (5SCAPE) is a project with some exceptional potential that could certainly leave a lasting impact on the swiftly growing VR and AR landscape. With a plethora of ambitious objectives, 5th Scape is strategically positioned to establish a noteworthy presence in this sector. We highly recommend delving into the 5SCAPE presale and engaging actively with the project’s social channels.
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Original source: CryptoNews