The virtual reality (VR) gaming world is back making headlines.
5th Scape, a new VR metaverse project on Ethereum, has raised over $5.5 million through its initial coin offering (ICO) as investors step in before the official launch.
5th Scape Primed to Launch Immersive VR Gaming Universe
5th Scape is a VR gaming platform that pushes the boundaries of how we experience entertainment and the metaverse.
It will offer a gateway into ultra-realistic 3D gaming worlds, brought to life through cutting-edge graphics, precision motion tracking, and full-body immersion.
5th Scape’s gaming lineup transports players into incredible virtual arenas.
There’s the adrenaline rush of intense MMA combat in Cage Conquest, the medieval warfare of Epic Arena, and thrilling sports simulations like soccer and cricket.
Yet there’s so much more to 5th Scape than just games.
The platform will also act as a “hub” featuring premium VR headsets and ergonomic gaming chairs to immerse players within 5th Scape’s virtual environments.
So, in the futuristic Archery Master game, players will feel every movement as they nock an arrow.
And in the fast-paced Thrust Hunter game, it will mean dodging enemy fire while piloting aircraft using 5th Scape’s full-motion flight controls.
Ultimately, the developers aim to blur the lines between what’s real and what isn’t.
5SCAPE Token Powers 5th Scape’s Virtual Ecosystem
The 5SCAPE token lies at the heart of this VR ecosystem.
5SCAPE is an ERC-20 token designed to unlock an array of premium experiences and create an engaged community.
For gamers, the token serves as an access key to 5th Scape’s virtual worlds.
Token holders gain complimentary access to a library of VR games – but the benefits don’t stop there.
According to the project’s whitepaper, 5SCAPE holders can also enjoy educational content, movies, and animations in the project’s entertainment hub.
All transactions within the 5th Scape ecosystem are facilitated using 5SCAPE.
Whether that be purchasing games, accessing premium content, or acquiring the latest VR hardware, this utility token is vital.
Interestingly, the 5SCAPE token is even used to incentivize developers.
Developers who build and list VR experiences will earn a 70% share of subscription revenues paid in 5SCAPE.
This promotes a cycle of innovation within 5th Scape’s ecosystem.
With 80% of the total 5SCAPE supply allocated to presale investors and the remainder split between the treasury and exchange liquidity, 5th Scape’s team is prioritizing both community growth and project development.
Ground-Floor Opportunity in 5th Scape’s Multi-Stage ICO
The ongoing ICO for 5SCAPE has been generating interest and momentum, showcasing the excitement around this ambitious project.
With a multi-stage structure, the ICO is well into its 5th phase and has raised over $5.6 million towards its target.
For investors, 5th Scape’s ICO presents an opportunity to get in on the ground floor before the 5SCAPE token hits the open market.
Right now, investors can buy 5SCAPE tokens for $0.00327 – although this price will rise by 14% to $0.00376 in the next stage, if the presale remains successful.
Once the ICO phase ends, the 5th Scape team will pursue DEX (and potentially CEX) listings.
These listings are expected to inject liquidity while also attracting mainstream attention.
There is an expected $15 million market cap at listing.
And with the VR gaming market expected to grow exponentially in the coming years, the 5SCAPE presale could also benefit.
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