Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The cryptocurrency market is brimming with auspicious projects that carry substantial potential for global success, and among the most promising niches is AR/VR gaming. This sector is steadily transitioning into a tangible reality, pun intended, thanks to advancements in the necessary technologies, including the integration of cryptocurrency.
5th Scape (5SCAPE) stands out as a fresh project dedicated to this thriving niche. It takes the lead in pioneering innovative ideas and possesses the potential to usher in a new era of immersive experiences. Here, we furnish comprehensive information about the project, spotlighting its features and presenting details about the 5SCAPE presale.
5th Scape May Open Up The Doors for AR and VR In The Mainstream
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5th Scape is dedicated to the realms of AR and VR, with the goal of establishing the “world’s first AR & VR ecosystem connecting the brightest minds.” The team envisions a comprehensive scope encompassing VR games, hardware, and animations, and has laid out a detailed strategy for its execution.
Notably, 5th Scape emphasizes compatibility with existing headsets and hardware, acknowledging the importance of widespread accessibility. The team explicitly plans to develop numerous VR games that can seamlessly integrate with popular headsets such as Oculus Rift and Meta Quest 3. Additionally, there are initial aspirations to create a proprietary VR headset and AR gaming chair once the project establishes its position in the industry.
Concerning specific VR game development, the team has revealed titles in progress, including Cage Conquest, Epic Cricket Arena, Immersive Kickoff, Archery Master, and Thrust Hunter. Of particular significance is Cage Conquest, which focuses on combat sports and is slated as the inaugural release with a tentative launch scheduled for the second quarter of 2024.
As the project transitions to the presale phase, it exhibits the characteristics of a promising initiative. Individuals interested in gaining further insights into the project can explore the website, which provides a wealth of informative details.
Check Out The SCAPE Presale As Soon As You Can
At the heart of the entire ecosystem, the project’s token, 5SCAPE, assumes a crucial role, serving as the essential fuel for diverse interactions within the system. This token operates as the universal currency spanning all aspects of 5thScape, encompassing games, hardware products, and the developer marketplace. It serves as the primary mode of payment for accessing 5thScape games and conducting in-game transactions, offering token holders exclusive discounts compared to alternative payment methods.
Beyond its transactional function, 5SCAPE holders have the opportunity to stake their tokens, earning rewards through active participation in the project. The 5thScape team envisions token holders influencing project development by engaging in crucial decisions, such as voting on fund allocation to marketplace projects.
Exploring the tokenomics, 5SCAPE boasts a total supply of 5.21 billion tokens. The 5thScape presale offers 80% of this total supply, with a fundraising target of up to $15 million. The presale unfolds in 12 stages. The current stage sees the token priced at $0.00187, culminating in a final price of $0.0087 in the 12th stage. The listing price is set at $0.01. So far, it has raised over $146,000.
The remaining 20% of tokens have been designated for other key priorities, with 10% allocated to exchange liquidity. Presale token purchases adhere to a lock and vesting schedule, with 40% of acquired tokens unlocking at the 5SCAPE token generation event, while the remaining tokens remain locked for 8 weeks. Staking rewards for presale tokens are set to vest after an 8-month period.
Conclusion
The VR and AR industry is in need of a creative and innovative solution to address its growth challenges. 5th Scape (5SCAPE) is precisely one of these transformative initiatives positioned to make a substantial impact on the swiftly growing VR and AR landscape. With a multitude of goals outlined in its agenda, the project is well-positioned to establish a significant presence in this sector. We highly recommend exploring the 5SCAPE presale and actively participating in the project through its social channels.