Crypto investors can’t stop talking about Fifth Scape (5SCAPE). There's a good reason for that. This new project has raised more than $5.5 million in pre-sales and aims to build a VR gaming world that blurs the line between reality and unreality.
5th Scape – An ambitious VR gaming ecosystem on Ethereum
5th Scape is an ambitious effort to build the world's first truly decentralized VR gaming ecosystem.
However, the scope of the platform extends further.
Plans include VR movies, educational experiences, and even a hub of cutting-edge hardware.
5th Scape's library of realistic games includes the combat-focused “Cage Conquest,” the archery adventure “Archery Master,” and the soccer simulator “Immersive Kickoff.”
As stated in the project's whitepaper, the developers are also designing headsets and ergonomic chairs to optimize immersion.
Powering the entire 5th Scape ecosystem is the 5SCAPE token, which acts as a membership key and unlocks everything from early access to game betas to exclusive community events.
5SCAPE holders will be incentivized to hold their tokens for the long term through staking rewards, lifetime access to content, and potential price appreciation.
With a roadmap that includes new game rollouts and integration with other Metaverse platforms, the team at 5th Scape certainly has an ambitious vision.
If this vision becomes a reality, 5th Scape could play a key role in shaping the future of VR.
Global investors help 5th Scape’s 5SCAPE token raise $5.5 million
The excitement about Fifth Scape's (5SCAPE) ongoing presale is palpable, with investors from all over the world participating.
The 5th Scape presale operates on an escalating price model, where the cost of 5SCAPE increases incrementally as funding milestones are achieved.
So far, this innovative model is paying off.
As of this writing, more than $5.5 million has already been raised from contributors around the world. This is a testament to the buzz this VR ecosystem has generated.
Recent activity records show participation from investors from countries such as the US, UK, Australia, and even Malta.
It seems that the pre-sale momentum is not slowing down.
Prominent YouTubers like Oscar Ramos are jumping on the hype, saying it's everything you want from a presale.
This enthusiasm is understandable considering the plans for 5th Scape.
As the pre-sale progresses, the developer is preparing for a listing (or listings) on an exchange that could push 5SCAPE to new heights in terms of accessibility.
The crypto community's attention is therefore firmly on 5SCAPE's presale, and all signs point to this project becoming one of the most talked about launches of the year.
Can 5SCAPE become the first mainstream VR cryptocurrency?
Despite the immense potential of blockchain-powered VR applications, the field has yet to produce any mainstream crypto projects.
A quick look at the metrics shows that the entire market capitalization of VR cryptocurrencies is less than $1.5 billion.
Trading volume over the past 24 hours was also less than $70 million.
The top VR crypto by market capitalization is Decentraland's MANA token, with a value of approximately $926 million.
However, Decentraland is more of a virtual world and gamified metaverse than a platform dedicated to hardware-based VR experiences.
Given the huge growth projections for the VR gaming industry, the lack of a true VR cryptocurrency stalwart is disconcerting.
Moreover, market researchers predict that the demand for realistic gaming experiences will skyrocket, with a staggering 22.7% compound annual growth rate (CAGR) between now and 2030.
It's this gigantic wave that Fifth Scape wants to ride.
The first project to blend cryptocurrency, decentralization, and VR gaming, 5th Scape could be the project gamers have been waiting for.
With this huge potential, all eyes are on 5th Scape's presale and upcoming exchange launch to see if it can truly deliver on its early promises.
Access the 5th Scape presale
Disclaimer: This is a sponsored post
