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 titleCage Conquestwill 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
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
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