VR/AR gaming and general use is something that could really benefit from the advances in the crypto space, as it is teeming with promising ventures poised for global triumph. Both crypto and AR/VR gaming could work very well together, that is for certain. Both are steadily progressing toward materializing as a concrete reality. As for cryptocurrency, it could play a pivotal role in steering AR and VR forward.
5th Scape (5SCAPE) is just such a project that could really shake up the VR and AR industry, potentially bringing in a second age for this technology. We detail everything you need to know about this project here, including its many key features and details about the presale.
What you'll learn 👉
5th Scape Is What The VR and AR Market Needs
Dedicated to exploring the realms of Augmented Reality (AR) and Virtual Reality (VR), 5th Scape aims to establish the “world’s first AR & VR ecosystem connecting the smartest minds.” Their expansive vision encompasses VR games, hardware, and animations, backed by a comprehensive strategy.
Ensuring widespread accessibility and compatibility with existing headsets and hardware is crucial for 5th Scape’s success. To achieve this, the team is committed to developing numerous VR games compatible with popular headsets like Oculus Rift and Meta Quest 3. Furthermore, future plans include the creation of their own VR headset and AR gaming chair once they establish a solid industry position.
In terms of specific VR game development, the team has unveiled titles in progress, such as 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.
Transitioning to the presale phase, the project’s token exhibits promising characteristics indicative of a successful initiative. For a more in-depth understanding of the project, interested individuals can explore the website, which provides a wealth of insightful details.
The 5SCAPE Token Could Prove Very Lucrative
At the core of the entire ecosystem is the project token, 5SCAPE, serving as a crucial element comparable to fuel for various interactions. It functions as the universal currency applicable across all 5thScape games, hardware products, and the developer marketplace. This token serves as the preferred method of payment for accessing 5thScape games and conducting in-game transactions, offering 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. Furthermore, the 5thScape team envisions empowering token holders by allowing them to vote on fund allocation for marketplace projects, thereby fostering community involvement in significant decisions related to project development.
Let’s delve into the tokenomics of 5SCAPE: The project features a total token supply of 5.21 billion. The 5thScape presale aims to release 80% of the entire 5SCAPE token supply, with a fundraising target of up to $15 million. The presale unfolds across 12 stages, starting at the current price of $0.00187 and concluding at $0.0087 in the 12th stage, with the listing price set at $0.01. The upcoming stage will see a price increase to $0.00215. So far, it has raised over $136,000.
The remaining 20% of tokens have been allocated for other crucial priorities. Specifically, 10% is earmarked for exchange liquidity. Token acquisitions during the presale adhere to 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 showcasing remarkable potential, poised to make a lasting impact on the rapidly expanding VR and AR landscape. With a multitude of ambitious goals, 5th Scape strategically situates itself to carve out a significant presence in this sector. We strongly encourage exploring the 5SCAPE presale and actively engaging with the project’s social channels.
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