What is 5th Scape?
When it comes to new-generation gaming, one of the few things that gamers, as well as game developers, put a lot of faith and hope in is VR gaming. This is precisely what the 5th Scape project aims to revolutionize modern-day blockchain gaming with. “Beyond Boundaries, Virtually Infinite” is the project’s slogan, and given the level of offerings it has promised at such an early stage, it’s fair to say that such a slogan may indeed suit the project.
The project positions itself as the world’s first-ever AR and VR ecosystem that is a hub for the virtual reality realm. Not only does it focus on providing users access to a highly advanced and innovative set of games, but it also manages to create a dedicated product line, which currently includes a VR Headset and VR Chair. Launched just a couple of days ago, 5th Scape has quickly garnered media attention, being featured on some of the top crypto reporting pages and news websites such as Bloomberg, Nasdaq, Business Insider, Yahoo Finance, and Forbes.
What sets the native token of the project, 5SCAPE, apart and makes it an excellent investment prospect is the fact that holding tokens will earn users a lifetime of complimentary access to a curated section of VR content within the 5th Scape universe. The project has emphasized the token’s importance in the ecosystem, as tokens can also allow users to gain early access to the products launched by 5th Scape, along with access to a wide VR-friendly community. While there is not much clarity on this, the higher amount of tokens an investor has, the higher competitive edge they will be able to gain, while also unlocking special features in games and real-life goods.
The team behind 5th Scape comprises highly skilled professionals with extensive experience in the VR space, having previously worked in top firms like Microsoft and Unreal Engine.
Essentially, one may think of 5th Scape as a complete VR and AR ecosystem that one can participate in to enjoy some high-quality VR blockchain games while also gaining access to advanced gaming merchandise, which currently includes the VR Ultra Headset and a Swiftscape VR chair. Impressively, the developers have managed to introduce a couple of VR games one can expect to play upon launch, including MMA, Cricket, Soccer, Archery Master, and Thrust Hunter games. The ongoing presale has also managed to raise more than $30k within a single day, earning the attention of some of the top crypto enthusiasts in the space.
5th Scape Project Analysis
Over the past years, groundbreaking technology has entered the blockchain space, an already advanced sector. The VR industry, around which 5th Scape is created, has experienced substantial global growth. For example, the United States, the top revenue generator in the sector, is projected to have a market volume of US$ 38.6 billion by the end of 2023, with an expected user base of 6.8 million by the end of 2028. New users are anticipated to increase by 104.9% by 2028. This surge can be attributed to the rising demand for immersive experiences and advancements in VR technology.
VR gaming remains a significant driver of the industry, accounting for a substantial portion of the market share. 5th Scape smartly taps into this unexplored but high-potential space, making it an exceptional project to consider at the moment. Blockchain gaming, for instance, took off when projects like Axie Infinity gained popularity. AXS, the project’s native token alone, amassed a market cap of more than $9 billion during its all-time high. This illustrates how the blockchain community embraces projects that offer innovative and new technology, a good example of which is 5th Scape.
At the time of writing, the 5SCAPE token is still in its first presale phase and has already begun gaining momentum as a high-potential project. Being in its early stage, investors have an opportunity to invest at a relatively low cost for a project that may reach a billion-dollar market cap in the upcoming years. This suggests a potential 100X return, which is possibly why the presale raised amount has been increasing every hour since its commencement.
In fact, investors stand a chance to make about 437% profit already, as the current presale price for one 5SCAPE token is set at $0.00187, while the listing price will be $0.01. This means that every investor who manages to acquire 5SCAPE tokens will essentially guarantee a significant profit right upon launch.
5th Scape Tokenomics
The project’s token presale is being carried out for two primary reasons: firstly, to provide a launchpad for the ongoing project development, and secondly, to help the project generate a community and gain popularity post-launch. Both of these objectives appear to be executed excellently, given the increasing interest in the project. This success is attributed to the smartly set up tokenomics of the project.
5SCAPE is an ERC-20 token with a total supply of 5.21 billion tokens. It has been designed to offer robust utilities to 5th Scape users and staking opportunities, enabling them to generate passive income effortlessly.
The token allocation has been carefully planned, taking into consideration the long-term potential of the project, community interest, and other technical factors. A significant 80% of the token supply has been allocated to the presale, with 10% allocated to the treasury and development. The remaining 10% is designated for liquidity, ensuring seamless trading of the token upon future listings. This allocation strategy aims to balance immediate project needs, long-term sustainability, and the interests of the community, contributing to the overall success of the 5th Scape project.
Is 5th Scape a Good Investment?
While it is still too early to make assumptions about the project’s price trajectory going forward, there are certainly some unique elements, as well as common factors that make the project an excellent investment to consider. Let us take a look at some of them:
The Virtual Reality Concept
In the gaming sector, innovation is undeniably one of the most important factors. Gamers are constantly seeking new and improved game formats, styles, and titles. While the console or PC gaming community has been strong, there is a continual demand for a new and advanced style of gaming. This is where the VR concept can be a high-potential avenue with massive scope for growth.
Virtual Reality (VR) in gaming introduces a new generation of gaming, revolutionizing the entire sector by creating a more immersive experience. Instead of a 2D screen, players can become an integral part of the games. Since the games are set up in 3D, there is a new requirement for a set of gadgets, such as quality VR headsets, which is one of the chief offerings of the 5th Scape project. The concept is groundbreaking, contributing significantly to the considerable scope of growth for 5th Scape.
Strong Team
The team behind a crypto project is one of the most vital components, and 5th Scape seems to have assembled a strong one. While there may be multiple other members as part of the team, the core group, as mentioned on the website, includes four individuals: Anoj Kumar, Manish Yadav, Aaryvrat G, and Sumit Kumar. Anoj Kumar, the CEO of the project, brings a decade of experience in the VR field. With previous work in Unreal Engine and other popular VR companies, his leadership can guide the project in the right direction.
Growing Community
The interest and engagement of the community can significantly impact a project’s value potential. Despite the project being less than a week old, it has already raised a substantial amount of funds and garnered attention on its social media pages. 5th Scape has captured the interest of the gamer community, which bodes well for the growth of the entire 5th Scape ecosystem in terms of both engagement and value in the coming days. This community-driven interest has the potential to propel the project to a significant increase in value, possibly reaching a 100X valuation after the token launch.
Bottom Line
The recent surge in crypto prices has ushered in a new wave of crypto projects. While many of these may be memecoins lacking inherent value or use cases, some projects manage to distinguish themselves by offering real value to investors and the community. 5th Scape appears to be one such standout project, making it an excellent choice for those seeking to invest in a project with the potential for favorable outcomes both in the short and long term.
