Crypto Whales are Quietly Gathering Around This Emerging VR Crypto Project – Next Big Narrative?
Metaverse gaming token 5SCAPE is almost a third of the way towards its target of raising $15 million in its ongoing ICO.
The presale is only on round 4 of a dozen so far and has already raised $4,354,934, which equates to about 29% of the target since the presale launched on January 9.
5SCAPE has been so popular because it’s the native utility token powering the world’s first Web3 crypto-powered VR gaming platform, the upcoming 5thScape.
5SCAPE holders get exclusive access to a wealth of hyper-realistic, immersive experiences in the form of VR games, educational resources, blockbuster movies, and more.
Early standout AAA title Cage Conquest will arrive later this year. It’s a no-holds-barred VR MMA fighting game that pits players against each other in heated simulated cage fights to earn crypto rewards, through strategic training sessions, online tournaments and more.
Other announced AAA titles that will come out around launch include Epic Cricket Arena, Immersive Kickoff, Archery Master and Thrust Hunter
5thScape’s ICO is only a few weeks old but it has already raised millions of dollars raised and attracted many thousands of followers from Discord, Telegram, X/Twitter and YouTube for its heady Web3 promise.
5SCAPE’s Titles Merge Emerging Tech
To its adherents, “Web3” is a byword for crypto’s potential to change the very fabric of the internet. It refers to a kind of paradigm shift or singularity moment that they believe will be as big as Windows or the iPhone.
If Web1 users were passive recipients of information, then Web2 democratized the internet hosting more user-generated content and making everything more interconnected.
Web3 is the next iteration of the internet. Through decentralization, it posits a self-regulating and technologically marvellous vision of the internet where VR, blockchain and AI integrate seamlessly into the user experience to support and enhance it.
Web3 is an untapped goldmine of potential, promising to unleash the full spectrum of what crypto and the web are capable of, as they become more interactive and more transactions come on chain.
The zone that houses Web3’s three-dimensional interactions is called the metaverse, named after William Gibson’s legendary cyberpunk novel Neuromancer.
The term refers to any three-dimensional on-chain interactions with the web, whether through VR, AR, or more conventional video gaming interfaces. It currently applies to blockchain gaming titles like Axie Infinity and The Sandbox, which are an embryonic demonstration of the metaverse’s capabilities.
As a crypto-powered gaming platform with a library of blockchain-based VR titles, 5thScape and its 5SCAPE token are pioneering the metaverse, catalyzing the transition to Web3.
Investors can get in early by buying and holding 5SCAPE tokens. These serve as tickets to the platform, where holders will be able to game and stream for free.
5thScape’s Goes Back To First Principles
The project’s developers took the process back to first principles and designed all of the software and hardware in-house, including the VR headset and motion support VR gaming chairs, making 5thScape a serious labour of love.
The headset features high-res visuals, precise motion tracking, and intuitive controls. It’ll also be compatible with software outside of 5thScape’s ecosystem.
Furthermore, the business model is decentralized and community-centered.
Developers are very much a driving part of the economy as listing their titles for subscription will net them 70% of the subscription fees while enabling them to market their work to the platform’s wide user base.
5thScape’s white paper also lists its potential uses in other industries such as education, healthcare, and enterprise, through programs such as employee simulation exercises, enhanced learning experiences, and medical training simulations.
Beyond The ICO: 5SCAPE’s Near-Term
5SCAPE aims to raise $15 million over a dozen rounds of its ICO. As of the current round, round 3, the token has raised almost a third of that.
The token currently hands at $0.00285, but this will rise 15% to $0.00327 when the fifth round begins after $5 million.
Eighty percent of the total token supply is up for grabs in the ICO. The remaining twenty percent is allocated equally between treasury and development on the one hand and liquidity on the other.
Our presale has surged past stage 3!
Join us now and delve into a world of virtual reality with our multi-utility token.
Don’t miss out on being part of our vibrant community! #cryptocrash #cryptocrash #Wormhole #cryptocurrency #5thScape #Presale #4thstage pic.twitter.com/QeznEVAvFJ
— 5th Scape (@5th_scape) April 4, 2024
At the end of the presale, 5SCAPE will have a fixed listing price of $0.01, giving the token a potential prelaunch upside of over 250% to investors that buy in right now, before the listing.
The 5thScape web3 platform and its native 5SCAPE token are fully audited, with KYC compliance documents available on its GitHub. The team behind it is also transparent and contactable.
Join the community over on the project’s social channels and stay informed of tasks to claim even more 5SCAPE rewards before the protocol launches.
Find the project on Discord, Telegram, X/Twitter and YouTube.
The post Crypto Whales are Quietly Gathering Around This Emerging VR Crypto Project – Next Big Narrative? appeared first on Cryptonews.
