5thScape Secures More Than $1 Million for Pioneering VR/AR Cryptocurrency – Currently in Presale

Friday, March 15th, 2024 – Envision a scenario where trading is enhanced through the hyper-visualization of an advanced virtual and augmented reality ecosystem – this is merely a glimpse of what 5thScape ($5SCAPE) is presenting, with much more to offer. As a pioneering crypto-driven VR and AR initiative, 5thScape has successfully secured $1.15 million in the initial phase of its presale. 5thScape positions itself as the first mixed-reality platform in VR/AR to genuinely transcend limits through the incorporation of crypto tokenization, aiming to deliver an exceptional reward experience. To secure the most favorable prices, potential buyers must act swiftly. The current price of the $5SCAPE token stands at $0.00187, which will ultimately be listed at a 434.76% premium ($0.01) compared to this initial Stage 1 presale price. Upon the conclusion of Stage 1 in two days, the presale price will increase by 14.97% to $0.00215 in Stage 2. Eighty percent of the total token supply is available for acquisition during the presale. The enthusiasm surrounding the project is reflected in its substantial social media community, with over 5,400 members on Discord, 16,588 on Telegram, 9,569 on X/Twitter, and more than 1,000 on its YouTube channel.

Tokenization to play a major role in the future of VR

5thScape is convinced that tokenization will be crucial for the future of VR/AR, with its $5SCAPE token being integral to its strategy. Users will have the opportunity to stake $5SCAPE to earn rewards and access a variety of utility-rich features. A dynamic staking pool will be partially funded by player subscriptions and engagement in virtual experiences. As more players join, it enhances the liquidity pool of the ecosystem, forming the foundation for attractive and rewarding annual percentage yields from staking activities. For gamers, $5SCAPE serves as the universal currency for unlocking products and services in a seamless transactional environment, including the purchase and trading of in-game assets and access to premium content. Conversely, developers can earn $5SCAPE tokens for creating games for the platform and participating in the 5thScape Developer center. The initial product offering features an impressive selection of games, including MMA Cage Contest, the soccer VR experience Immersive Kickoff, the racing game Thrust Hunter, and Archery Master, an adventure game that follows the journey of a legendary archer. Interested individuals can join the waitlist for all the games today.

5thScape chooses Ethereum for its superior technology and vibrant community

5thScape operates on the Ethereum network and will utilize the Skale Network Layer 2 technology to facilitate the necessary scaling for gaming and other virtual world activities. This decision is strategic, as transaction costs for Layer 2 technologies built on Ethereum’s blockchain are decreasing following the Dencun upgrade, benefiting ecosystems like 5thScape’s. However, VR encompasses more than just gaming. Virtual reality technology offers a platform for commerce that can dismantle barriers between industries and amplify the value potential of each. From film to education, there are transformative opportunities available to companies and projects that can effectively leverage the technology in a manner that is appealing and accessible to all. The team at 5thScape has carefully considered how to address the challenges of adoption by developing its own hardware and employing innovative blockchain-based software.

Tokenization plus VR Ultra headset and Swiftscape VR chair set 5thScape apart

For virtual reality and augmented reality to function effectively, high-quality hardware is essential. Therefore, the team at 5thScape plans to create the VR Ultra headset and the Swiftscape VR chair to enhance comfort and ergonomics, providing an immersive experience with accurate motion tracking and intuitive controls. Despite the advanced technology and innovation (and cost) of Apple’s Vision Pro, much of its potential can be diminished if the experience of wearing and using the headset is uncomfortable, limiting user engagement and enjoyment. Meta’s efforts in this domain have been groundbreaking in many respects – or at least the companies it has acquired have contributed significantly. Meta’s range of Quest headsets has established a foothold for VR, while Apple’s mixed reality approach has opened many eyes to the possibilities, albeit not necessarily to their wallets.

VR is a chance for crypto-native agile tech companies to blossom

However, neither Meta nor Apple, nor other major tech firms, have demonstrated any intention to utilize the established advantages of crypto as the foundation for a trustless economy that facilitates value interactions among players. This creates an opportunity for agile, tech-savvy, crypto-first innovators like 5thScape to carve out a niche and gain a competitive edge. The funds raised during the presale will support the project in completing the development and manufacturing of its hardware and expanding the decentralized network infrastructure. 5thScape has undergone an audit by Coinsult, with no significant issues identified in its code. Additionally, the project has completed full KYC verification by SolidProof; the team successfully passed the KYC process on January 3, 2024. Furthermore, potential investors may find it reassuring that a link to CEO Anoj Kumar’s LinkedIn profile is available on the website, along with those of the rest of the leadership team. An active wallets widget on the homepage indicates purchasing activity from various countries worldwide, including Germany, Australia, the United States, and Japan, among others. The $5SPACE token can be purchased today using ETH, MATIC, USDT, BNB, or credit card.

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