Information about "Highstreet"
What Exactly is HIGH (Highstreet)?
The HIGH Token, also known as Highstreet, is the native cryptocurrency of a decentralized metaverse platform that focuses on commerce and offers play-to-earn features, all while supporting virtual reality (VR). Beyond enabling seamless currency exchanges between the physical and digital realms, Highstreet (HIGH) presents a marketplace where game items can be exchanged for tangible products. Players can delve into this metaverse, battle monsters, complete quests, and gather items that serve both digital and real-world purposes.
The goal of the project is to set the standard for the next wave of retail, providing a shopping experience online that is easy, safe, and fun.
In addition to the HIGH token, the game incorporates a utility token called STREET, which players earn by completing various in-game tasks. While HIGH serves as a governance token, allowing users to vote on major platform decisions, earn through staking, and purchase items in the marketplace, STREET is primarily used for in-game transactions, buying gear like armor, weapons, healing items, and even tickets for travel and hotel stays. Property owners receive HIGH as tax payments, and it can also be earned by joining special metaverse events.
According to the official sources, the token was first launched in October 2021. Highstreet's Twitter updates mention that as of November 2021, the game is in a private alpha testing phase, with a public beta expected by the end of the year. The Highstreet marketplace is already available to users via web browser.
The goal of the project is to set the standard for the next wave of retail, providing a shopping experience online that is easy, safe, and fun.
In addition to the HIGH token, the game incorporates a utility token called STREET, which players earn by completing various in-game tasks. While HIGH serves as a governance token, allowing users to vote on major platform decisions, earn through staking, and purchase items in the marketplace, STREET is primarily used for in-game transactions, buying gear like armor, weapons, healing items, and even tickets for travel and hotel stays. Property owners receive HIGH as tax payments, and it can also be earned by joining special metaverse events.
According to the official sources, the token was first launched in October 2021. Highstreet's Twitter updates mention that as of November 2021, the game is in a private alpha testing phase, with a public beta expected by the end of the year. The Highstreet marketplace is already available to users via web browser.
Who Created Highstreet?
Highstreet (HIGH) emerged from the rebranding of LumiereVR, a company specializing in computer vision. Founded in 2015, LumiereVR aimed to enhance the retail experience through VR technology. The masterminds behind both LumiereVR and Highstreet are Travis Wu and Jenny Guo.
Travis Wu is a seasoned software developer with a passion for blockchain and virtual reality. His academic background includes studying entrepreneurship at Draper University in San Mateo, California, and computer science at Queen's University in Ontario, Canada.
Jenny Guo pursued electronic art and political studies at Bard College in Annandale-on-Hudson, New York, and later studied creative producing at Columbia University in New York. She is an award-winning producer of VR films, an avid art collector, and a successful businessperson with a rich history in art dealing between China and the United States.
Travis Wu is a seasoned software developer with a passion for blockchain and virtual reality. His academic background includes studying entrepreneurship at Draper University in San Mateo, California, and computer science at Queen's University in Ontario, Canada.
Jenny Guo pursued electronic art and political studies at Bard College in Annandale-on-Hudson, New York, and later studied creative producing at Columbia University in New York. She is an award-winning producer of VR films, an avid art collector, and a successful businessperson with a rich history in art dealing between China and the United States.
What Sets Highstreet Apart?
Highstreet (HIGH) is a massively multiplayer online role-playing game (MMORPG) that bridges the gap between the physical and digital worlds. The platform uses ERC-721 non-fungible tokens (NFTs) to represent all in-game items, which are divided into two parts. Owning the digital part allows players to use the item within the virtual world, while purchasing the complete NFT grants them the physical item in reality.
The project ensures that all products sold are genuine. The marketplace employs a validation process, allowing only verified sellers to participate.
A key feature is the use of bonding curves, mathematical functions that link an asset's price with its supply. Highstreet (HIGH) utilizes these to ensure product liquidity for buyers and to enable automated price setting for sellers.
As video games become a leading form of group entertainment for young people, establishing an in-game presence offers brands a way to reach broader audiences. Although the platform currently focuses on limited-edition items from high-end brands, Highstreet (HIGH) invites both startups and established businesses to consider launching their products on the platform.
The project ensures that all products sold are genuine. The marketplace employs a validation process, allowing only verified sellers to participate.
A key feature is the use of bonding curves, mathematical functions that link an asset's price with its supply. Highstreet (HIGH) utilizes these to ensure product liquidity for buyers and to enable automated price setting for sellers.
As video games become a leading form of group entertainment for young people, establishing an in-game presence offers brands a way to reach broader audiences. Although the platform currently focuses on limited-edition items from high-end brands, Highstreet (HIGH) invites both startups and established businesses to consider launching their products on the platform.
How is the Highstreet Network Protected?
HIGH operates as an ERC-20 token on the Ethereum blockchain.
When is HIGH Trading Set to Start?
The initial sale of HIGH took place in October 2021.
Can HIGH Reach $50?
During its Initial DEX Offering (IDO), HIGH was priced at $1. For the majority of October 2021, it hovered around $5.5, but it began to climb significantly following the announcement of the Highstreet (HIGH) alpha testing phase in late October, peaking at $32.18. With its unique concept and the team's commitment, Highstreet (HIGH) holds potential for further appreciation of its governance token as the game reaches public availability and implements future developments.
Where Can HIGH Be Purchased?
Highstreet (HIGH) can be traded freely and is currently available on exchanges such as Uniswap (V2), PancakeSwap (V2), LBank, DODO BSC, HOO, and Bitget.
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