Crypto investors can’t stop talking about 5th Scape (5SCAPE) – and for good reason. This new project has raised over $5.5 million in pre-sales and aims to build a VR gaming universe that blurs the lines between what is real and what is not.
5th Scape – An ambitious VR gaming ecosystem on Ethereum
5th Scape is an ambitious company aiming to create the world’s first truly decentralized VR gaming ecosystem.
However, the platform’s reach extends much further.
Plans include a hub for VR films, educational experiences and even cutting-edge hardware.
5th Scape’s library of realistic games will include the combat-focused “Cage Conquest”, the archery adventure “Archery Master” and the football simulator “Immersive Kickoff”.
As noted in the project’s white paper, developers are also designing ergonomic headsets and chairs to optimize immersion.
The entire 5th Scape ecosystem is powered by the 5SCAPE token, which acts as a membership key, unlocking everything from early access to game betas to exclusive community events.
5SCAPE holders are incentivized to hold onto their tokens long-term through staking rewards, lifetime access to content, and potential price appreciation.
With a roadmap that includes rolling out new games and integrating with other metaverse platforms, the 5th Scape team certainly has an ambitious vision.
If this vision becomes a reality, 5th Scape could be a key player in the future of virtual reality.
Global Investors Fuel $5.5M Raising for 5th Scape’s 5SCAPE Token
The excitement around the ongoing 5th Scape (5SCAPE) presale is evident, with investors from around the world participating.
The 5th Scape presale operates on an escalating pricing model, with the cost of 5SCAPE gradually increasing as funding milestones are reached.
So far, this innovative model has paid off.
At the time of writing, more than $5.5 million has already been contributed by a global pool of contributors – a testament to the buzz generated by this VR ecosystem.
Recent activity logs feature investors from countries like the US, UK, Australia and even Malta.
The momentum around pre-sales doesn’t seem to be slowing down either.
Prominent YouTubers like Oscar Ramos have jumped on the hype bandwagon, stating that it’s everything he’s looking for in a pre-sale.
This enthusiasm is understandable given 5th Scape’s plans.
As the presale takes place, developers are preparing for an exchange listing (or multiple listings) that could propel 5SCAPE to new heights in accessibility.
So, while the crypto community has its eyes on the 5SCAPE presale, all signs point to the project becoming one of the most talked about launches this year.
Can 5SCAPE become the first mainstream VR cryptocurrency?
Despite the immense potential of blockchain-based VR applications, the space has yet to produce a mainstream crypto project.
A quick look at the metrics reveals the story: the total VR crypto market cap is less than $1.5 billion.
Trading volume was also below $70 million in the last 24 hours.
The leading “VR crypto” by market capitalization is Decentraland’s MANA token, with around $926 million.
However, Decentraland is more of a virtual world and gamified metaverse than a platform dedicated to hardware-based VR experiences.
This lack of a true VR crypto heavyweight is puzzling when you consider the VR gaming industry’s enormous growth projections.
Additionally, market studies predict a staggering compound annual growth rate (CAGR) of 22.7% by 2030, as the demand for realistic gaming experiences skyrockets.
It’s this massive wave that 5th Scape is positioning itself to ride.
As the first project combining crypto, decentralization and VR gaming, 5th Scape could be the project gamers have been waiting for.
Because of this huge potential, all eyes are on the pre-sale and upcoming launch of 5th Scape to see if it can truly deliver on its initial promises.
Visit the 5th Scape presale
DISCLAIMER: THIS IS A SPONSORED ARTICLE
reference: watcher.guru