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What The VR and AR Industry Needs Is A Project Like 5th Scape (5SCAPE), See Why Here

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

As the tech world continues to advance with various technologies, a recurring topic of discussion revolves around the anticipation of VR and AR becoming more commonplace. While these immersive technologies have gained traction in the mainstream, they have yet to reach a critical mass. Despite the limitless potential and all the necessary ingredients being present, there is still a missing element preventing widespread adoption.

One crypto project poised to propel the VR and AR industry to this next stage is 5th Scape (5SCAPE), an Ethereum-based initiative at the forefront of innovation. This project introduces novel concepts with the potential to usher in a new era of immersive experiences. Here, we delve into the pivotal features of the 5SCAPE project and provide insights into its presale.

5th Scape Is Just The Solution That VR and AR Needs

5th Scape is dedicated to the realms of Augmented Reality (AR) and Virtual Reality (VR), aiming 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 widespread accessibility and compatibility with existing headsets and hardware is a crucial element for the success of 5th Scape. To achieve this, the team is dedicated to developing numerous VR games that seamlessly work with popular headsets like Oculus Rift and Meta Quest 3. Additionally, there are plans to explore the creation of their own VR headset and AR gaming chair once they secure a firm position in the industry.

Concerning specific VR game development, the team has disclosed 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.

As for the project’s presale, it exhibits promising characteristics that suggest 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.

5SCAPE Token Has All The Hallmarks of Greatness

At the heart of the entire ecosystem is the project token, 5SCAPE, functioning as a crucial element similar 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 is the preferred method of payment for accessing 5thScape games and conducting in-game transactions, providing token holders with exclusive discounts compared to alternative payment methods.

Holdings of the 5SCAPE token also grant individuals the opportunity to stake their tokens, earning rewards through active participation in the project. Furthermore, the 5thScape team envisions empowering token holders to influence project development by allowing them to vote on fund allocation for marketplace projects, fostering community involvement in significant decisions.

Let’s delve into the tokenomics of 5SCAPE: The total token supply for 5SCAPE is 5.21 billion tokens. The 5thScape presale plans to release 80% of the total 5SCAPE token supply, with the objective of raising up to $15 million. The presale unfolds across 12 stages, with the current price being $0.00187 and concluding at $0.0087 in the 12th stage, with the listing price set at $0.01. The subsequent stage will see the price increase to $0.00215.

The remaining 20% of tokens have been allocated for other essential priorities. Ten percent is earmarked 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


Occasionally, a remarkably unique project emerges in the cryptocurrency market, and 5th Scape (5SCAPE) is precisely one of those ventures poised to make a significant impact in the rapidly expanding VR and AR landscape. With a set of ambitious goals, 5th Scape is well-prepared to carve out a notable presence in this sector. We strongly encourage you to explore the 5SCAPE presale and actively participate in the project’s social channels.

 

The post What The VR and AR Industry Needs Is A Project Like 5th Scape (5SCAPE), See Why Here appeared first on Cryptonews.

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