highstreet and the HIGH token: What is this metaverse for?

It's brand new and it's already making a lot of noise. HighStreet is in fact a metaverse which looks a lot like an MMORPG game (we would say that it is a mix between the two) which turns out to be completely original. In what? Well, the game wants to offer a completely new experience in the way of purchasing products in the metaverses. A sort of vision of the future of e-commerce, some would say, and a new form of social and gaming experience in this new genre metaverse.

Furthermore, the metaverse here wants to go even further than what has been done by actually incorporating a Virtual Reality dimension. The game is actively working with VR equipment suppliers for future user experience development. Ambitious, to say the least.

So let's see in broad terms what it's about.

Presentation of HightStreet:

We discovered the HIGH token on la Binance platform via its Launchpool service. We thus obtained HIGH tokens before even knowing the platform! In fact, we are not disappointed with our reward because at first glance, the project seems very solid to us, and to have been well thought out. That said, we are only at the beginning and it is a little early for a radical conclusion.

Let’s just say this arouses my curiosity ;).

In short, HighStreet is a gaming universe that mixes NFT and video games. As we said in the intro, the metaverse mainly seeks to improve online commerce in the metaverse. Thus, many products and services are tokenized and most have representations via NFTs. However, and this is the great particularity of HighStreet, is that the NFTs are linked to real physical objects. So, for example, if you have an NFT pair of pants, you can release it to receive your pants in real life, at the physical address of your choice.

We have come a long way since NFT Jpegs, is not it?

And, at this point, what we need to understand is that the NFTs in question will mostly be objects from well-known brands. In fact, the metaverse then becomes a kind of new supermarket where the avatars of virtual life can actually “consume” their objects. We can imagine that it is a kind of Shopify of metaverses. We can remember that in the other metaverses, everything is only virtual.

We know, for example, that companies like Balenciaga and LVMH have been very interested in this metaverse. We know how brands love NFTs and we know how opportunistic they can be when it comes to making money. Hmm…

Basically, by wanting to simplify the process of creating and selling NFTs, HighStreet here is attacking a very sought-after niche even if today, it seems a little too avant-garde.

A new type of online business is born

Being the bridge between e-commerce 2.0 and e-commerce 3.0 via a metaverse is exactly what the HighStreet project seeks to do. With its Metaplex merchant portal, it will be very easy for businesses.

In fact, it's not really new and the metaverses we know all had this in mind: being able to sell plots, land, objects etc. to players. Being able to do business virtually has always been in the plans of metaverse creators. There it becomes concrete.

Fashion stores will be able to sell clothes directly on the metaverse and even have their own virtual stores.

Currently, the Highstreet metaverse contains a single continent called "Solera", itself composed of ever-expanding archipelagos with islands and mysterious regions. These will be expanded as players claim new lands.

Of course, it's a decentralized metaverse and so the land belongs to the players. The hexagonal shaped plots of land can be rented to real world businesses so that they can create their shops, clubs, houses etc. Everything is possible as you know about metaverses. For this, moreover, there will be Initial Housing Offers (IHO) which are then reserved for the quickest.

There are also two tokens that will be used in the metaverse: HIGH (which is the money used in the materverse) and the STREET token.

The latter is a bit the equivalent of the SLP token in Axie Infinity that can be earned by playing or participating in given tasks.

How to enter the HighStreet metaverse?

For the moment, it is still only the beginning. What you can do however is buy HIGH tokens on Binance, pancake swap or, Uniswap. The total and maximum supply of HIGH tokens is 100, while the current circulating supply is approximately 000.

You can also store your tokens on the platform to receive returns on them. The longer you stack, the higher your APY will be.

https://coinmarketcap.com/fr/currencies/highstreet/

The token reached an ATH at $40 and since then the token has been declining. To be seen in the long term knowing that the project is in a niche and that metaverses like Decentraland for example are clearly the focus of many key companies and sectors. We need to see if the project will succeed in reaching a wider audience and winning over new users. Ultimately, the key to its success will lie there.

I have just registered on the platform and I must say that it takes time to adapt. So, I will come back to give you a little update in a while.

It’s up to you to try the platform to get a concrete opinion, it’s free 😉

Discover the metaverse HighStreet
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