Gaming in everyday life is a subject of considerable fascination to youngsters and a source of entertainment for a large number of individuals. In contrast to traditional video games, which provide nothing more than entertainment, blockchain video games allow players to earn money as they play.
Play-to-Earn is a trendy idea right now, and you’ve probably heard of it. Highstreet is a project that allows you to earn money as you play games online. Check out this article if you want to learn more about the HIGH, STREET token and Highstreet.
Highstreet provides marketers with the Shopify experience in an MMORPG while also providing gamers with the optimal metaverse experience in the vein of Ready Player One and Sword Art Online; Highstreet gives a clear path to a virtual world that can be implemented in the real world.
This is because of the common devotion to Maplestory and World of Warcraft and their six years of expertise servicing retail customers. A wide range of international investors has come together to support Highstreet today, established businesses like HTC and Palmdrive Capital and cryptocurrency Native firms like Mechanism and Animoca.
On August 11th, 2021, the first HIGH tokens were made available for trading. There are 100,000 units in circulation. HIGH currently has a market value of $3,690,010,417.21 US dollars at this time. On Coinmarketcap, HIGH is now valued at $36.90 and is currently number 2813. It has historically risen by 55.58 percent.
Although HIGH is on many crypto exchanges, it cannot be bought with fiat currency like many other major cryptocurrencies. As a solution, you may still purchase HIGH using an exchange that deals in Ethereum and then follow the procedures discussed in this article later.
How does Highstreet work?
For people who want to earn money by playing games, Highstreet is an MMORPG game where you can do things like buy objects and play games. It also has stuff like NFTs. It improves real-world objects by changing them into gaming objects.
In recent years, e-commerce has removed the social aspect of purchase because of its seamless checkout. When it comes to online shopping and retailing, Highstreet is a game-changer for the Metaverse and Web3. This is accomplished by tokenizing items and transforming them into “phygital” things which might be exchanged for a real object or by implementing partial NFTs that let clients buy only the virtual element or the complete phygital pairing.
Highstreet’s play2earn method builds value and produces long-term income via brand partnerships.
A continent called Solera is part of the Highstreet World metaverse. It is also home to an expanding group of unknown island chains and areas influenced by the marketplace, which makes them unique.
Hexagon tiles are used to build Highstreet World, representing a metaverse building element. There are ten allotted for every 50 hex tiles that make up a Highstreet Region for Residential Properties. Individual titles may be purchased and developed, and whole territories can be bought and developed by players in this game.
According to the project’s description, its customer will benefit from three significant features:
Phygital Products
People already live their lives half online and half in real life because of Highstreet, and our lives are split into two already. The platform’s goods are designed to be available in physical and virtual formats but are always manufactured directly by companies.
Instant Liquidity
Because of the StreetSmartTM Bonding Curves, product tokens may be traded at the current market value around the clock, providing immediate fluidity to the market.
Guaranteed Authenticity
Product tokens are tied directly to the companies and artists you love, so you know they’re genuine. At Highstreet, all items are sourced straight from the manufacturer.
What is unique about Highstreet (HIGH)
Highstreet is the world’s first and most significant Metaverse with a substantial focus on commerce. It’s simple to connect with others who share your interests thanks to their online marketplace, which web browsers can access. Famous people will be on hand to meet and greet as they are also preparing to launch their lines of Highstreet goods.
When using Highstreet’s Metaverse, people who have accessibility to native VR may delve into the single thing lacking in crypto, that is the ability to communicate with others face-to-face. Customers may purchase and trade cryptocurrencies using virtual reality at Highstreet’s cryptocurrency club. You can Visit Highstreet’s Cyberbar and make contact with prospective sellers and buyers to finalize your deals.
Some profound influence backs Highstreet. Highstreet, formerly LumiereVR, offers to the Metaverse its five years of VR expertise. HTC is one of Highstreet’s high-profile investment firms. Many famous personalities in the entertainment and modern art sectors have already signed on as drop collaborators and are willing to help define the digital world for viewers.
There are no exterior influences on this platform compared to the traditional marketplace, where various factors might significantly affect the market. Product prices are set solely by the actions of market participants. Indeed that’s what we’ve all been hoping for all this time.
Virtual assistants are also innovative, so it can be predicted that The general public would widely adopt highStreet’s idea, allowing the firm to spread its effect to other application situations and sectors.
Distinctive Features of Highstreet
A few of the “exceptional” elements of the virtual marketplace are as follows:
Metaverse
Highstreet is the first commerce-focused Metaverse with over five years of professional expertise on the same premise, rebranding from LumiereVR. According to reports, the gaming shopping platform is known to service significant businesses such as the L’Oreal group and several well-known celebrities, including members of the hip-hop group A$AP Mob.
Street Smart
To make your shopping fun, the gaming shopping platform provides you with the option of interacting with a digital assistant named “Street Smart.”
Shopping assistant powered by real-time data.
The digital assistant isn’t your typical shopping companion; it’s an expertly trained assistant that creates judgments based on the information it receives in real-time. As a result, Highstreet rewinds to the times when you had to depend on your friends’ particular opinions or your instincts to obtain the best bargain — because today, you can make data-driven selections in a matter of minutes.
Dual Token Model
Highstreet has implemented a dual token economy system in which STREET tokens serves as in-game currency in Highstreet World. Allows later players equal access to the game without inflation while paying those who participated in the initial stages of the game. In addition, STREET tokens can be used to buy things from NPC characters that represent brands, buy stuff from other players, repair items in-game, and more.
Monsters and missions in Axie Infinity provide players with the opportunity to earn STREET Token, which is the game’s counterpart of SLP.
You can sell the stuff if you change your mind after shopping
For those times when you’ve made a mistake or changed your opinion, the Highstreet marketplace allows you to sell your unwanted items and receive your cashback promptly. There’s no need to worry about making a wrong purchase or regretting it.
VR Technology
Highstreet was created with the idea that players will be completely immersed in digital spaces and the emerging VR gear that is already on the market. Aside from actively cooperating with notable hardware vendors such as HTC, further factors that assist to the expansion of Highstreet include:
Tafi avatar, an avatar SDK developed by RTFKT, is the engine used to capture participants’ virtual depictions of their physical movements in this project. A multiplayer service called Unity Multiplay is used in Highstreet to allow people to interact with each other in virtual reality. Organic player movements are preserved because they synchronize physical motion and fast data flow. Highstreet has acquired from Retinad a new data analytics IP called Gaze analytics, which will deliver measurable data metrics for virtual reality encounters and experiences.
An excellent imitation of actual life.
Metaverse space may be experienced in its most authentic way by using VR technology.
You may travel the new lands made by your imaginations entirely by yourselves. Additionally, gamers may purchase and trade NFTs made by real-world companies in the game. You’ll find items from well-known worldwide brands like Balenciaga and L’Oreal on Highstreet.
NFTs are being introduced on the High Street by brands to appeal to gamers who like working while they play games. There are versions of real-life and virtual reality in the world of NFT Hybrid elements. Additionally, players may acquire a physical replica of the NFT Hybrid (for example, a coat or socks) after trading on HighStreet. NFTs may be exchanged and purchased on HighStreet’s Marketplace, available to everyone.
On Highstreet, gamers may also buy and sell a property and rent it out for profit.
How to Get a HIGH token?
However, despite being listed on many cryptocurrency exchanges, HIGH cannot be purchased directly with fiat currency. To purchase HIGH tokens, you will need to buy some of the most popular cryptocurrencies on the market (Bitcoin, Litecoin, Ethereum) and then transfer them to an exchange that trades this currency.
To get started, you’ll need to purchase one of the leading cryptocurrencies, generally one of the following: bitcoin (BTC), Ether (ETH), Tether (USDT), or Binance.
We’ll choose Binance to tell you the purchasing details since it’s one of the most popular crypto exchanges that accepts transactions in fiat currency.
Founded in China, Binance shifted its headquarters to Malta, a European island known for its support of the cryptocurrency industry. Many people use Binance because they can exchange cryptocurrency for cryptocurrency. During the cryptocurrency craze of 2017, Binance sprang onto the horizon and has become one of the world’s most popular cryptocurrency exchanges.
Once you’ve completed the KYC procedure, you’re good to go. You’ll be asked to give a payment method. In this section, you may either use a credit/debit card or bank deposit to acquire one of the leading cryptocurrencies, such as Ethereum, Bitcoin, Tether, Binance, etc.
Transferring your cryptocurrencies to an altcoin exchange is the next step.
HIGH can only be exchanged on an exchange that accepts it as an altcoin. The following is a shortlist of platforms that allow you to trade HIGH in numerous market pairings; you can visit their sites and sign up for an account.
Once you’ve completed the process, you’ll need to deposit BTC, ETH, USDT, or BNB to the Binance exchange. Once your money has been verified, you may use the exchange to buy HIGH.
Binance, Bitget, ZT, PancakeSwap (V2), and LBank are presently the most popular exchanges for exchanging the HIGH.
Highstreet (HIGH) Token Applications
When you buy HIGH, you may use it to purchase items on the particular limited-edition marketplace and receive a transactional charge when your HIGH is deposited into the pool.
It’s also possible to buy property in Highstreet World using the HIGH e-currency. To put it another way, if you own LAND Hexes or Residences, you’ll be able to profit from the trades and economic activities taking place in your neighbourhood. Residents of Highstreet World will cast ballots on local concerns as the game progresses. For example, with user-generated content, inhabitants would be able to choose which islands are included in the game.
The Highstreet Development team will eventually relinquish control of the game to the gamers and investors of HIGH. This is a long process since the developers believe that building the game in a much more centralized fashion before shifting to decentralization is significantly more productive and inexpensive.
Customers will be allowed to vote on merchant issues using HIGH tokens shortly, and selling items in Highstreet World may include staking of HIGH also. Users will often find themselves trading STREET for HIGH or just acquiring HIGH via exchanges since HIGH is required for essential game elements like Real Estate ownership.
Achievements in Commercial and Business Growth
Binance NFT:
Binance Beaches would be the web3 embodiment of the Binance NFT platform, located in Highstreet World. Instead of utilizing a browser as the user end, users will use Highstreet Metaverse to make purchases, place bids, and sell products on the site.
Avalanche:
There will be an Avalanche Ecosystem area in Highstreet World, called AVX Alps.
Animoca Brands:
In Highstreet World, the Animoca Archipelago is a network of islands containing brands belonging to Animoca Brands.
Republic Realm
There are advanced and esoteric structures in Republic Realm that symbolize the Republic brand and serve as a space centre from which players may launch themselves into orbits to explore other locations of Highstreet World.
Polkastarter
Polkastarter has a city under creation inside Highstreet World that will contain its launchpad projects and a Highstreet World class city. There will be unique accessibility to Polkastarter City residents for allowlist chances and numerous Polkastarter City-sponsored activities.
Draper Associates:
There are several dangerous bosses to face in the Draper Dragon Dominion, which the Draper VC organization has acquired as the homeland of their creatures.
Tokenomics of Highstreet (HIGH)
The maximum and total quantity of HIGH tokens is 100,000,000, whereas the present circulation quantity is 12,302,500.00 HIGH.
The following table summarizes the token distributions for Highstreet (HIGH):
- One percent of the token supply is reserved for early investors.
- 32.84 percent of the total token quantity was sold privately.
- 2.50 percent of the overall token supply is available for public sale (IDOs).
- 1.0% of the overall number of tokens in Binance Launchpool.
- Play-to-Earn – 30% of the total amount of tokens.
- A portion of -9.16 of the entire token supply is held in the Treasury.
- Ecosystem Reserves account for 9.50% of the total token supply.
- Four percent of the token supply goes to marketing and sponsorships.
- 8.00, the team members own percent of the entire token supply.
- 2.00 percent of the entire token supply is allocated to consultants.
Price Prediction for Highstreet (High)
As a general trend, tokens in the Metaverse have grown tremendously since their introduction. This was also the case with Highstreet (HIGH), which surged to a high of $40 after being listed on Binance for the first time. However, it is typical for the token’s market valuation to have dropped dramatically because it was published on such a powerful cryptocurrency platform. To sum up, the meta world is supportive of the Highstreet (HIGH) initiative, and because VR technology is hot right now, owing in part to major corporations like Facebook declaring their entry into the ‘Meta’ world, the token’s value may soon surpass $50.
Conclusion
Since Highstreet wants to revolutionize the way we buy, its gamified marketplace is state-of-the-art. Furthermore, the idea is appealing to many other programmers, and you may anticipate hundreds of similar virtual markets to take place in the future. However, whether or not they can become the next “Highstreet” is still up in the air. Because this modern store will undoubtedly aid your prospective purchasing selections, it is now the opportunity to participate in it. Those who do so now will enjoy the rewards in the future.
Unlike the traditional retail concept, shopping at Highstreet is an exciting and diversified adventure. This is a virtual and real-world marketplace where you may buy the most sought-after, rare, and bargain-priced items from all over the globe. In addition, the firm behind Highstreet has created StreetMart, your assistant who can help you sell or purchase the trendiest items at any time of day or night, considering market demand. As a result of Highstreet, the landscape of retail is being reshaped.
