5thScape Raises $6M in Funding to Build Largest Virtual Reality Ecosystem
5thScape, a recently launched virtual reality project has garnered the attention of global investors and enthusiasts after raising $6 million in its pre-sale. The presale currently in its 5th round, offers participants the opportunity to get involved in the project at a very discounted price.
The Growth of Virtual Reality Industry
As the world of virtual reality continues to evolve, revolutionary products such as the 5th Scape are created to cater to the ever-changing needs of users. The VR landscape has grown significantly over the years with its application spread across different sectors. Besides gaming, VR has been implemented in healthcare, education, and enterprise training industries. In the healthcare sector, for example, virtual reality has aided in medical training, therapy, and patient care. Similarly, in the education sector, various global institutions have adopted the technology for enhanced learning experiences.
In gaming, virtual reality technology has positioned itself as one of the top drivers in the industry. According to data from Grand View Research, the virtual reality in the gaming market was valued at about $20.73 billion. However, the research proposed that in 2030, this valuation is expected to grow by 22.7%.
Source: Grand View Research
With VR, users enjoy an immersive experience where they can acquire virtual accessories to improve their engagement and involvement. Some impressive features of virtual reality include motion tracking, 3D effects, and interactive graphics for drawing players' attention. The regular upgrade of these features is expected to be the driving force to propel the industry to expected heights in the future.
Integration of Cryptocurrency in Virtual Reality
The integration of cryptocurrency in virtual reality has opened new avenues for financial transactions and immersive experiences. With this, users can perform virtual transactions in the VR ecosystem. Users can own digital properties, and engage in digital commerce. Additionally, users can own citizenship in virtual countries and transfer their properties with the help of blockchain technology.
Moreover, users can play exciting games, get involved in virtual conferences, and interact with virtual tokens (cryptocurrencies) in a way that cannot be replicated traditionally. Ultimately, virtual reality users can earn these tokens by carrying out certain tasks, trading, and spending them within the ecosystem. The relationship between VR and cryptocurrency cannot be over-emphasized. It opens up a new way to perceive and engage in financial transactions within the digital environment.
5thScape (5scape) Raises $6 Million in Presale Funding
The 5thScape project has grown quickly since its launch. The virtual reality project offers an environment where users can enjoy virtual reality, utilizing cutting-edge blockchain technology. In 5th Scape, users can enjoy exciting 3D VR games, along with powerful VR headsets and ergonomically designed gaming chairs.
The presale which is currently in its 5th round has successfully raised $5,981,650. As investors search for alternative investments that can potentially offer 10x gains amid the highly volatile nature of the crypto market, they are beginning to turn to 5SCAPE, the native token of the 5th Scape ecosystem.
According to its tokenomics, the Ethereum-based token which has a total supply of 5.21 billion, has a funding presale target of $15 million. The presale will be spread across 12 rounds. The tokens' limited supply ensures scarcity and plays an important role in determining the tokens' value proposition within the 5thScape ecosystem. Once presale is done, 5SCAPE will be listed across major crypto exchanges at $0.01, signifying a 101.432% increase from the current presale price of $0.00327. This offers a unique 10x ROI opportunity for early investors.
Holders of the 5SCAPE token will have certain benefits like free basic access to all digital products, games, educational content, movies, discounts on all digital products, and more. Also, they will be able to transact seamlessly within the platform.
