Article Summary, Automatically Generated By AI
About Highstreet
Key Points
- HIGH Token is a native token of a decentralized commerce-centric metaverse built with virtual reality (VR) support.
- Highstreet introduces a market where in-game items can be redeemed for real-life products.
- There are two tokens: HIGH (governance token) and STREET (utility token).
- HIGH is used for voting, stacking, and buying products, while STREET is used for in-game purchases.
- The project aims to define the new generation of retail and offers an effortless, secure, and entertaining way of making online purchases.
Founders
- Travis Wu: experienced software developer and blockchain enthusiast
About Highstreet
Highstreet is a revolutionary e-commerce platform that converges the physical and digital retail experiences, creating an immersive and interactive shopping environment. By seamlessly integrating blockchain technology, augmented reality, and artificial intelligence, Highstreet redefines the boundaries of retail, providing an unparalleled shopping experience for consumers and unparalleled opportunities for brands.
Introducing HIGH (Highstreet): A Revolutionary E-commerce Platform
HIGH Token (Highstreet) is the native cryptocurrency of a decentralized, commerce-driven metaverse that seamlessly integrates virtual reality (VR) capabilities. Notably, Highstreet (HIGH) facilitates a two-way currency flow between the physical and virtual realms, thereby creating a unique marketplace where in-game items can be redeemed for tangible, real-life products. As users navigate the metaverse, they can engage in thrilling gameplay, battle formidable monsters, and complete quests, all while accumulating goods that possess both digital and real-world utility.
The project endeavors to revolutionize the retail landscape, presenting a seamless, secure, and engaging online shopping experience.
Beyond HIGH, the game incorporates a utility token, STREET, which is earned by completing various in-game tasks. While HIGH is a governance-heavy token, empowering gamers to vote on pivotal platform decisions, generate revenue through staking, and purchase products on the marketplace, STREET serves as the primary currency, facilitating commerce within the game. This enables players to acquire essential items such as armor, weapons, healing potions, travel tickets, and hotel accommodations. Meanwhile, HIGH is paid to property owners in the form of taxes and can also be obtained through participation in the metaverse’s exclusive events.
According to official sources, the token officially launched in October 2021. The company’s Twitter feed reveals that, as of November 2021, the game is currently in private alpha testing, with public beta testing slated for the year’s end. Meanwhile, the Highstreet market is already accessible to users via browser.
The Visionaries Behind Highstreet: Meet the Founders
Highstreet (HIGH) emerged from a rebranding of LumiereVR, a computer vision company founded in 2015. Initially, LumiereVR concentrated on revolutionizing the retail experience by seamlessly integrating Virtual Reality (VR) technology. The visionary co-founders behind both LumiereVR and Highstreet are Travis Wu and Jenny Guo.
Travis Wu is a seasoned software developer and ardent blockchain aficionado, boasting a unique blend of expertise in virtual reality. He honed his entrepreneurial skills at Draper University in San Mateo, California, and later pursued computer science at Queen’s University in Ontario, Canada.
Jenny Guo, a multifaceted individual, holds a degree in electronic art and political studies from Bard College in Annandale-on-Hudson, New York, and has also pursued creative producing at Columbia University in New York. As an award-winning VR film producer, a passionate art collector, and a successful entrepreneur, Guo boasts an impressive background in art dealing, having facilitated numerous transactions between China and the United States.
Unveiling the Unparalleled Highstreet Experience
Highstreet (HIGH) is an immersive MMORPG game that seamlessly merges the physical and virtual realms. Within the platform, all in-game items are represented as ERC-721 non-fungible tokens (NFTs), which are divisible into two distinct fractions. The acquisition of the digital fraction grants players the ability to utilize the item within the metaverse, while purchasing the NFT in its entirety enables gamers to receive the corresponding physical item in the real world.
The project ensures the unwavering authenticity of every product offered on the market, thanks to a gamified marketplace that boasts a rigorous authentication process, thereby guaranteeing that only thoroughly vetted and trustworthy sellers are eligible to join the platform.
A bonding curve is a mathematical function that establishes a dynamic correlation between the price of an asset and its available supply. Highstreet (HIGH) leverages bonding curves to furnish buyers with seamless product liquidity and provide sellers with an automated, data-driven price discovery mechanism.
As video games have emerged as a dominant force in the entertainment industry, captivating a young audience, the creation of an in-game presence offers brands a lucrative opportunity to tap into a vast consumer market. While Highstreet (HIGH) currently showcases limited-edition products from high-end brands, the platform welcomes applications from both startup and established companies, encouraging them to bring their innovative creations to life.
What Is the Circulating Supply of HIGH Coins?
The Highstreet Network’s Robust Security Framework
Embodying the pinnacle of innovation, HIGH is an ERC-20 standard token, meticulously crafted on the robust foundation of the Ethereum blockchain.
When Will HIGH Trading Commence?
The inaugural sale of HIGH took place in October 2021.
Will HIGH Soar to $50?
During the token’s initial decentralized offering (IDO), HIGH was priced at $1. However, by October 2021, the token’s value had surged to around $5.5. Following the announcement of Highstreet’s (HIGH) alpha testing in late October, the token’s price experienced a remarkable upswing, ultimately reaching an all-time high of $32.18. Given the project’s innovative concept and the development team’s unwavering commitment, Highstreet (HIGH) has a promising outlook for further growth in the value of its governance token, particularly with the impending public release of the game and the fulfillment of future plans.
Where to Acquire HIGH: A Comprehensive Guide
Highstreet (HIGH) is freely tradable and can be readily acquired on a variety of prominent exchanges, including Uniswap (V2), PancakeSwap (V2), LBank, DODO BSC, HOO, and Bitget.
New to cryptocurrency? You can delve deeper into the world of digital assets by exploring our comprehensive guide on how to navigate the market and acquire BTC, ETH, or any other token on CoinMarketCap’s educational hub, Alexandria.
Associated Resources:
Discover MONI, the governance token at the heart of Monsta Infinite, a revolutionary MMORPG play-to-earn universe.
Introducing BOSON, the native cryptocurrency powering the decentralized e-commerce infrastructure of Boson Protocol.
Delve into GODS, the native cryptocurrency of Gods Unchained, a pioneering play-to-earn game where in-game assets can be seamlessly converted into real-world value.
The total token supply is capped at 100 million HIGH tokens. The allocation of HIGH tokens is as follows:
The token distribution is allocated as follows: 54% is reserved for the treasury; 10% is retained by the team; 30% is allocated to investors; 1% is dispersed through an equity airdrop; and 5% is dedicated to the
IDO (initial DEX offering)
.