The native utility token for upcoming VR gaming platform 5thScape, dubbed 5SCAPE, has almost raised a third of its $15 million target in an ongoing ICO.

The 5thScape presale is currently on round four of a dozen and has already raised $4,560,910. This figure equates to about 30% of the target since the ICO began on January 9.

5SCAPE has been so popular because investors are rushing to support the world’s first Web3 crypto-powered VR gaming platform, 5thScape.

Token holders get exclusive access to a wealth of hyper-realistic 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.

Other announced AAA titles that will come out around launch include Epic Cricket Arena, Immersive Kickoff, Archery Master and Thrust Hunter

5thScape: Next Gen Gaming And Beyond

Web3 is a buzzword for crypto’s potential to change the fabric of the internet. The concept it describes is, for adherents, a kind of paradigm shift in how we interface with the web.

If the web’s first cohort of users were passive recipients of information, then Web2 democratized the internet. It achieved this by connecting people socially and hosting and encouraging more user-generated content.

So, where do we go from here? Onto Web3, of course! Through decentralization, Web3 posits a self-regulating and technologically marvellous iteration of the internet where VR, blockchain and AI integrate seamlessly to support and enhance the user experience.

Web3 is an untapped goldmine that promises to unleash the full spectrum of what crypto and the web are capable of as the internet becomes more interactive and more transactions come on chain.

Web3’s three-dimensional virtual and augmented reality interface is called the metaverse, after William Gibson’s legendary cyberpunk novel Neuromancer.

Currently, the term applies to blockchain gaming titles like Axie Infinity and The Sandbox, which are an embryonic demonstrations 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 catalyzing the transition to Web3.

5thScape Innovates Hardware and Business Model

5thScape is a serious labour of love. 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.

The VR headset features high-resolution visuals, precise motion tracking, and intuitive controls. It is also compatible with software outside of 5thScape’s ecosystem. 

Introducing the VR Ambassador Program!

World of virtual reality with the 5th SCAPE VR Ambassador Program!

Join as an “Early Whales” member and enjoy exclusive perks!

Method
1⃣ Invest $10K+ in $5SCAPE & amplify our voice online
2⃣ Engage actively on social media… pic.twitter.com/cgIryEPsiT

— 5th Scape (@5th_scape) April 1, 2024

Over on the business side of things, 5thScape’s model is decentralized and community-centered.

Developers drive the economy. Listing titles for subscription nets them 70% of the subscription fees while marketing 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. A plethora of applications can be built and sold through the platform, including programs like employee simulation exercises, enhanced learning experiences, and medical training simulations.

After The Presale: 5SCAPE’s 2024

5SCAPE aims to raise $15 million over a dozen rounds of its ICO. As of round 3, the token has raised almost a third of that.

The token currently changes hands at $0.00285. This will rise 15% to $0.00327 when the fifth round begins after $5 million.

Eighty percent of the total token supply is available for purchase through the ICO. The team has split the remaining twenty percent 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 ICO’s conclusion, the 5SCAPE token will have a fixed listing price of $0.01, giving the token a potential prelaunch upside of over 250% to investors that buy in today.  

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 to stay informed of tasks to claim even more 5SCAPE rewards before the protocol launches.

Find the project on Discord, Telegram, X/Twitter and YouTube.

Interested? Buy 5thScape Here

The post Crypto Experts are Betting Big on This Upcoming VR Token – Here’s What You Need to Know appeared first on Cryptonews.