The VR and AR Industry Could Reach Critical Mass Thanks to Crypto Project 5th Scape (5SCAPE)
As the tech world moves forward with several technologies, one topic of discussion that frequently pops up is this: when are VR and AR going to become more commonplace? This is something that has been gaining ground in the mainstream, though it is yet to reach a critical mass. The potential is limitless and all the ingredients are there, but there is something that is still missing from this becoming a reality.
One crypto project that can help the VR and AR industry reach that stage is 5th Scape (5SCAPE), an Ethereum-based project leading the charge in innovation, introducing novel concepts that have the potential to usher in a new era of immersive experiences. In this context, we explore the pivotal features of the 5SCAPE project and offer insights into its presale.
What you'll learn 👉
5th Scape Could Inject New Life Into VR and AR
5th Scape is dedicated to the realms of Augmented Reality (AR) and Virtual Reality (VR), with a goal to establish the “world’s first AR & VR ecosystem that connects the smartest minds together.” With a comprehensive vision covering VR games, hardware, and animations, the team has outlined a thorough strategy for its realization.
Ensuring broad accessibility and compatibility with existing headsets and hardware is a crucial element for the success of 5th Scape. To achieve this, the team is committed to developing numerous VR games that work seamlessly with popular headsets like Oculus Rift and Meta Quest 3. Furthermore, there are plans to delve into creating their own VR headset and AR gaming chair once they secure a firm position in the industry.
Regarding specific VR game development, the team has revealed titles currently in progress, such as Cage Conquest, Epic Cricket Arena, Immersive Kickoff, Archery Master, and Thrust Hunter. Notably, Cage Conquest, with a focus on combat sports, holds significance as the first game scheduled for release, tentatively set for the second quarter of 2024.
As for the project’s presale, it showcases promising characteristics that hint at a successful initiative. For a more in-depth understanding of the project, individuals interested can explore the website, which provides a wealth of insightful details.
SCAPE Token Can Go Big Very Quickly
At the core of the entire ecosystem lies the project token, 5SCAPE, functioning as a vital element akin to fuel for a variety of interactions. It stands 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.
Token holders of 5SCAPE also have the opportunity to stake their tokens, earning rewards through active participation in the project. Additionally, the 5thScape team envisions granting token holders a voice in project development by enabling them to vote on fund allocation for marketplace projects, encouraging community involvement in major decisions.
Let’s explore the tokenomics: 5SCAPE possesses 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 across 12 stages, with the initial price being $0.00187 and concluding at $0.0087 in the 12th stage, with the listing price established at $0.01. The succeeding stage will witness the price increase to $0.00215.
The remaining 20% of tokens have been allocated for other crucial priorities. Ten percent is designated for exchange liquidity each. 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
From time to time, an exceptionally distinctive project surfaces in the cryptocurrency market, and 5th Scape (5SCAPE) is precisely one of those initiatives positioned to create a substantial impact in the swiftly growing VR and AR landscape. With a series of ambitious objectives, 5th Scape is well-equipped to establish a noteworthy presence in this sector. We highly recommend delving into the 5SCAPE presale and actively engaging with the project’s social channels.
Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
