Blockchain
Emerging VR blockchain game 5th Scape sees strong ICO support
The new VR blockchain project 5th Scape (5SCAPE) surpasses $3.5 million in ICO funding, fueling speculation about its potential to reshape gaming.
Crypto investors are growing excited about a new project called 5th Scape (5SCAPE) that combines VR gaming with blockchain tech. With its ongoing ICO raising over $3.5 million already, many are wondering if this crypto could be poised for an explosive breakout.
AAA VR gaming meets blockchain utilities with 5th Scape
5th Scape is building out an entire ecosystem combining AAA gaming experiences with the limitless potential of the blockchain. At the project’s core is a library of realistic sports simulations, combat games, and racing experiences – all optimized to transport players into immersive VR worlds.
However, 5th Scape’s developers intend to take the immersion factor to new heights through cutting-edge hardware offerings. These offerings will include a VR headset called VR Ultra, offering crisp visuals and motion tracking. VR Ultra will pair with 5th Scape’s custom-designed gaming chairs, which maximize ergonomics for long sessions. Powering this whole ecosystem is 5th Scape’s native token, 5SCAPE, which has a fixed supply of 5.21 billion.
As outlined in the project’s whitepaper, 5SCAPE holders will receive perks like free lifetime access to 5th Scape’s gaming library and enticing staking yields. There will even be a decentralized creator marketplace that uses 5SCAPE as the native transactional currency. From the immersive games and hardware to its multi-utility token model, 5th Scape’s team has a vision of combining VR with Web3 in a unique way. That ambition sees to be a key driver behind the colossal ICO demand so far.
5th Scape ICO raises over $3.5m ahead of exchange listings
Earlier today, the 5SCAPE ICO blew past the $3.5 million milestone as buyers continue to pile in. For those getting involved in the ICO now, 5SCAPE tokens can be acquired for $0.00248 each.
Given the token’s intended listing price of $0.01, those taking part in 5th Scape’s ICO currently have access to a 303% lower cost compared to what the token is slated to open at. With exchange listings expected shortly after the ICO concludes, this arbitrage potential is proving attractive for speculative investors.
Importantly, 5th Scape’s team plans to set aside 521 million 5SCAPE tokens to provide liquidity once the 5SCAPE token is listed on exchanges. The token is also expected to have an initial market cap of $15 million. However, some members of 5th Scape’s Telegram channel believe this market cap projection will prove conservative, given the strong hype around the project.
Why 5th Scape’s metaverse ambitions are generating mainstream buzz
What seems to be separating 5th Scape from the sea of other crypto projects vying for investors’ capital is its sheer ambition and scope. Rather than focusing on just one product or use case, 5th Scape aims to build a full ecosystem that includes games, hardware, marketplaces, and more.
This comprehensive approach has already started resonating with big names in the crypto world. Major mainstream content creators like Oscar Ramos and Matthew Perry – boasting a combined YouTube audience of over 290,000 people – have produced breakdowns hyping up 5th Scape’s plans. For them, the project’s value proposition lies in its potential within the metaverse sector.
According to a recent report from SkyQuest Technology, the global metaverse market is expected to reach a value of $803 billion by 2031. This represents a CAGR of 39% between now and then. If 5th Scape can capture a slice of this rapidly growing market, and the development team manages to achieve their strategic goals, 5SCAPE’s potential for appreciation could be immense.
Source: crypto.news
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Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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