Russia has imposed a strict ban on cryptocurrencies. The proposed bill is expected to ban cryptocurrency exchanges and advertisements, but does not plan to ban cryptocurrency transactions and registered mining activities in the country. Local sources have reported that the creation of cryptocurrency exchanges and trading centers will be banned from September 1, but there will be no ban on cryptocurrency transactions. The ban will also not cover foreign exchanges.
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Russia this move comes after the scandal involving the Beribit cryptocurrency exchange. Customers of the exchange were unable to withdraw their funds, which amounted to over $4 million, and attacked the exchange’s office, raising concerns about the security of cryptocurrencies in the country.
The Central Bank of Russia has also opposed the use of cryptocurrencies in payment transactions in the past, claiming that cryptocurrencies pose a threat to the monetary market. Around 29% of the Russian population uses cryptocurrencies, with 34 million cryptocurrency users in the country. It remains to be seen how this ban will affect activities in the country.
The number of cryptocurrency users worldwide is rapidly increasing. Innovative cryptocurrency projects are paving the way for wider adoption of blockchain technology. Artificial intelligence-supported cryptocurrency projects are among the most interesting projects. Platforms such as 5thScape, which offer the opportunity to buy tokens at reduced prices during the pre-sale phase, are attracting the attention of investors.
Russia 5thScape (5SCAPE) approaches $6 million
Investors interested in buying 5SCAPE tokens, which plans to revolutionize the world of augmented reality (AR) and virtual reality (VR), are showing great interest in the pre-sale phase. The project, which stands out among artificial intelligence-supported pre-sale coin projects, has collected nearly $6 million so far.
The native token of the project, 5SCAPE, is developed as an Ethereum-based ERC-20 token. The token, which opens the door to a variety of premium experiences, is one of the most important elements for connecting the community. Thanks to the 5SCAPE token, many features such as VR games and free access to the library are possible.
5SCAPE token meets investors as part of a phased pre-sale. Currently, investors pay $0.00327 to buy 5SCAPE tokens. In the next phase, the price will increase by 14% to reach $0.00376. The progressive price increase policy aims to support early-stage investors. Thus, early investors have the opportunity to realize a potential profit even before the exchange listings. The exchange listing price of the token is planned at $0.01. There will be an increase of 205.81% between the current price and the exchange listing price.
Investors interested in buying 5SCAPE tokens, which is preparing for the AR and VR revolution, can participate in the reduced-price pre-sale phase using ETH, MATIC, BNB, USDT, and card transactions.
Russia A unique gaming experience with 5thScape (5SCAPE)
5thScape presents itself as a gaming platform that pushes the boundaries of our way of having fun and experiencing the metaverse. It offers a gateway to ultra-realistic 3D game worlds with state-of-the-art graphics, precise motion tracking, and a full-body experience.
5thScape’s creative game series transports participants to unique virtual arenas. Intense MMA fights in Cage Conquest, the passion for speed in Thrust Hunter, medieval battles in Epic Arena, as well as exciting sports simulations such as football and cricket are available.
The platform also plays a central role in encouraging players to join 5thScape’s virtual environment by offering high-quality VR headsets and ergonomic gaming chairs. Participants feel every movement and sound as if they were real during the game. These details weave the canvas of a unique gaming experience.
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Russia according to the technical analysis document of the project, the advantages for 5SCAPE token holders do not end there. Countless educational materials, films, and animations also await participants in the project’s entertainment center. The platform, which combines entertainment and education, is striving to create an innovative ecosystem where you can earn while playing.
Russia all transactions in the 5SCAPE world are made with the 5SCAPE token. You need to be a 5SCAPE token holder to make transactions such as buying games and accessing premium content. Even the 5SCAPE token is used to support application developers. Developers who develop and list VR experiences are given the opportunity to earn 70% of the subscription revenue generated on 5SCAPE.
The 5thScape project is not limited to using only the Ethereum blockchain for transparency. It is also possible to see which cryptocurrency wallets from which country have made how much investment in the project on the pre-sale page’s active wallet list.
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The project, which is rapidly advancing with the pre-sale and approaching exchange listings, plans to create a market value of $15 million at the time of listing. Investors interested in artificial intelligence and game-focused cryptocurrencies are showing interest in the discounted pre-sale phase to avoid being affected by a possible price increase after the exchange listings.