5thScape, the crypto-driven virtual and augmented reality (VR/AR) solution, closes its presale at $1.15 Million. The project seeks to create the first VR/AR platform of its sort, combining gamification with cryptocurrency tokenization to allow users to benefit while using some of the features.
The project has attracted so many individuals on different social media platforms. Around 5,400 members on Discord channel, more than 1000 on YouTube, and 16,569 on Telegram.
“Virtual property” in the VR/AR sense will be crucial in the future. $5SCAPE token can also be staked to earn rewards allowing users to use some to access more extra features of the die-hard gaming world. The staking mechanism on the platform will be fuelled by a dynamic pool funded by player subscriptions and transactions with virtual experiences.
As a digital crypto-currencies, $5SCAPE will be the tokens utilized by gamers in buying and selling in-game items and accessing premium content. Developers will also be rewarded with $5SCAPE tokens for their game development.
There will be a creation of VR environments by the platform along with its own hardware, including the VR Ultra headset and the Swiftscape VR chair, which facilitates comfort and accurate motion tracking.
The company thinks this will help address the weakness of existing VR headsets on the market.
The presale funds will be a milestone for the full development of the hardware and the blockchain infrastructure. The audit has been done by Coinsult, whereas the team is the KYC verified by SolidProof.
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