New Virtual Reality Game Token 5thScape Reaches $1.5 Million Milestone in ICO
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Virtual reality (VR) games are heating up the cryptocurrency space, with associated tokens gaining popularity.
In this landscape, 5thScape (5SCAPE) has achieved an impressive milestone, raising a staggering $1.5 million during its ongoing token sale. This significant achievement signifies growing investor interest in 5thScape's vision of a blockchain-backed world.
5thScape's Pre-Sale Spurs Crypto Market with $1.5 Million Surge
The transition of 5thScape into cryptocurrency-based virtual reality gaming has made waves, with $1.5 million raised from investors during its ongoing ICO.
5thScape's pre-sale was structured across 12 price tiers, starting as low as $0.00187 in the initial round and rising to $0.0087 in the final tier.
This approach incentivizes early investor participation while still allowing latecomers to engage.
At the current stage, investors can acquire 5SCAPE tokens for as little as $0.00215 each—a 15% increase from the previous tier.
However, this attractive rate may not last as the ICO continues its upward trajectory toward a $15 million hard cap.
Post-ICO, the 5thScape development team has confirmed plans to list 5SCAPE on major cryptocurrency exchanges.
To bolster confidence, 5thScape has completed security audits for its smart contracts by Coinsult, a blockchain security firm.
This independent verification ensures that the token's system is appropriately structured from a technical standpoint.
5thScape's ICO has even attracted attention from influential figures like YouTuber Michael Wrubel, who introduced the project's potential to his 311,000 subscribers.
5SCAPE Blurs the Line Between Reality and Virtual Reality
The team behind 5thScape harbors grand ambitions of creating fully immersive VR role-playing game experiences.
The platform focuses on pioneering an entire ecosystem for VR and augmented reality (AR) gaming, supported by blockchain technology in both content and hardware.
Rather than releasing a few VR games and calling it quits, 5thScape's ambition extends to developing a full suite of AAA games designed specifically for virtual reality.
These games include MMA-themed titles like Cage Conquest and racing games like Thrust Hunter.
However, developers are not limiting themselves to VR software alone.
Instead, they are pushing the envelope by creating state-of-the-art VR gaming peripherals, including seamless headsets and AR gaming chairs.
5thScape's 5SCAPE token provides resources for this entire virtual gaming universe and will be used to access games, make in-app purchases, and incentivize third-party development through a custom-built marketplace.
The more 5SCAPE tokens users hold, the deeper they can dive into this blockchain-based multiverse.
This is an incredibly ambitious commitment—a promise that has recently stirred up the cryptocurrency community.
Solid Tokenomics and Growing VR Demand Drive 5thScape's Initial Success
With 5thScape's visionary outlook on a blockchain-based virtual world, the project has rolled out a meticulously considered tokenomics system designed to encourage widespread adoption.
Of the total supply of 5.21 billion 5SCAPE tokens, a substantial 80% has been allocated to the ongoing ICO.
This allows investors to get involved from the outset at a discounted price before 5SCAPE is listed on exchanges.
In addition to ICO allocation, 5SCAPE tokens are also earmarked for liquidity, development, marketing, and community rewards.
5thScape's whitepaper unveils a carefully deliberated tokenomics model, reflecting the team's efforts to create a sustainable ecosystem.
Analysts at Grand View Research predict that the VR gaming segment alone could grow into a $109 billion industry by 2030, as this technology becomes more accessible.
With virtual universes increasingly intertwined with blockchain and cryptocurrency, 5thScape is positioning itself as a game-changing force.
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Disclaimer: This is a sponsored article and paid content, therefore the views expressed are not investment advice and do not belong to Gamefinity.
