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Emerging VR blockchain game 5th Scape sees strong ICO support

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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.

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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.

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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

The post Emerging VR blockchain game 5th Scape sees strong ICO support appeared first on HIPTHER Alerts.

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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