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What is Highstreet (HIGH)?

Highstreet basic info

Name:Highstreet
Ticker:
Introduction:

What Is Highstreet?

Highstreet is a play-to-earn (P2E) metaverse that seamlessly integrates commerce and gaming, offering a unique "phygital" experience – a blend of physical and digital realities. Originating from LumiereVR, a VR retail company established in 2015, Highstreet has evolved into a platform where traditional and crypto brands converge, creating a vibrant virtual world. In this metaverse, players can engage in shopping, trading, and crafting with Non-Fungible Tokens (NFTs).

The Highstreet metaverse, characterized by its commerce-centered approach, bridges the gap between offline retail and the Web3 space. It introduces a novel concept where physical products, from t-shirts to sneakers, are tokenized into NFTs, allowing them to reach a global audience. This integration of physical and digital realms not only enhances the shopping experience but also invites mainstream shoppers into the metaverse, revolutionizing the retail landscape.

Resources

Official Documents: https://highstreet.gitbook.io/highstreet-whitepaper/welcome-to-highstreet/preface

Official Website: https://www.highstreet.market/

How Does Highstreet Work?

Highstreet operates on a unique business model, tokenizing physical items into two fractional NFTs. The first fraction, sold at a lower price, serves as an in-game item, while the second triggers an e-commerce event, allowing players to redeem physical products. This model benefits brands by increasing sales without additional inventory costs. Highstreet's integration with platforms like Shopify further facilitates the seamless transition from virtual to physical stores, pioneering a new 'phygital' business model.

The Highstreet World, the gaming layer of the metaverse, is a dynamic environment made up of hexagonal tiles, each representing a construction component. Players can level up, complete quests, acquire properties, and enjoy immersive experiences through VR technology. Highstreet's marketplace, featuring a curve-based system, ensures product liquidity and allows price movement based on community engagement, offering a unique economic model within the game.

Moreover, Highstreet is not just a gaming platform but a launchpad for brands and influencers to expand their presence in the metaverse. It provides an open-world MMORPG experience where in-game items are actual products from real-world brands, blurring the lines between gaming and shopping.

What Is HIGH Token?

HIGH is the native utility token of the Highstreet metaverse. With a maximum supply of 100 million, it plays a crucial role in the ecosystem. HIGH tokens can be staked for rewards and are used for various in-game transactions, including purchasing items on the Highstreet Market and real estate in Highstreet World. They are also essential for progressing through different regions in the game and accessing exclusive events.

In addition to its in-game utility, the HIGH token is instrumental in real estate transactions within Highstreet World, known as Highstreet Realty. Owners of LAND Hexes or Highstreet Homes can earn HIGH from transactions and economic activities in their regions. As the Highstreet World matures, token holders will have governance rights, influencing decisions about regional matters and user-generated content in the game.

What Determines Highstreet's Price?

The price of Highstreet (HIGH), like any cryptocurrency or digital asset, is influenced by a complex interplay of factors within the blockchain and cryptocurrency markets. Primarily, the value of HIGH is closely tied to the overall performance and adoption of the Highstreet metaverse. As more users engage with the platform for its unique blend of gaming, e-commerce, and virtual real estate, the demand for HIGH tokens naturally increases. This demand is further fueled by the token's utility within the Highstreet ecosystem, where it is used for transactions, staking, and participating in governance, making it an integral part of the metaverse's economy.

Market sentiment and investor perception play a significant role in determining the price of HIGH. Positive developments within the Highstreet platform, such as successful partnerships with renowned brands, technological advancements, or expansion of its user base, can lead to increased investor confidence. This confidence often translates into higher demand and, consequently, a rise in the token's value. Conversely, negative news or market trends can lead to decreased demand and a drop in price. The broader cryptocurrency market trends also impact HIGH's price, as shifts in the overall market sentiment towards blockchain technology and cryptocurrencies often reflect in the performance of individual tokens.

Furthermore, the tokenomics of HIGH, including its supply dynamics, also play a crucial role in its valuation. With a capped supply, the scarcity of HIGH tokens can lead to higher prices, especially if the platform's popularity continues to grow. Additionally, the mechanisms of token distribution, such as staking rewards, play-to-earn models, and token burns, can influence the circulating supply and, by extension, the token's price. As the Highstreet ecosystem evolves and expands, these factors collectively contribute to the dynamic pricing of HIGH, reflecting the health and vitality of this innovative metaverse platform.

For those interested in investing or trading HIGH, one might wonder: Where to buy Highstreet? You can purchase Highstreet on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

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Current price:
All-time high:$40.26
All-time low:$0.8440

HIGH supply and tokenomics

Circulating supply:68,927,990 HIGH
Total supply:100,000,000 HIGH
Max supply:0 HIGH
Market cap:$102.14M
Fully diluted market cap:$148.18M
Tokenomics:

Uniqueness

Highstreet (HIGH) is an MMORPG game that blurs the boundaries between physical and virtual worlds. All the in-game items are represented on the platform as ERC-721 non-fungible tokens (NFTs) divided into two fractions. While the purchase of the digital fraction gives players an opportunity to use the item within the metaverse, buying the NFT as a whole allows gamers to also receive the item in real life.

The project ensures the legitimacy of every product sold on the market. The gamified marketplace’s authentication process guarantees that only verified trustworthy sellers can join the platform.

A bonding curve is a mathematical function used to set a relationship between the price of an asset and its available supply. Highstreet (HIGH) implements bonding curves to provide product liquidity for buyers and offer an automated price discovery for sellers.

As video games are currently taking over the industry of group entertainment for the young audience, creation of the in-game presence provides brands with an opportunity to expand a consumer market. Although Highstreet (HIGH) mainly features limited edition products by high-end brands at the present time, the platform encourages both startup and established companies to apply to launch their creation.

Token utility

$HIGH is Highstreet's native utility and governance tokens, the following use cases include:
1. In-game access: $HIGH tokens are required in various areas for game progression or access to special events.

2. In-game currency for specialty items: $HIGH tokens can be used to purchase special items. For example real estate or limited edition products in the Highstreet Marketplace.

3. Governance: $HIGH token holders will be able to create and vote on on-chain governance proposals to determine future features of Highstreet, with voting weight calculated in proportion to the tokens staked.

Links

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What is the development prospect and future value of HIGH?

The market value of HIGH currently stands at $102.14M, and its market ranking is #419. The value of HIGH is not widely recognized by the market. When the bull market comes, the market value of HIGH may have great growth potential.

As a new type of currency with innovative technology and unique use cases, HIGH has broad market potential and significant room for development. The distinctiveness and appeal of HIGH may attract the interest of specific groups, thereby driving up its market value.

What will the price of HIGH be in 2025?
Based on HIGH's historical price performance prediction model, the price of HIGH is projected to reach $1.48 in 2025.
What will the price of HIGH be in 2030?
In 2030, the HIGH price is expected to change by -5.00%. By the end of 2030, the HIGH price is projected to reach $2.53, with a cumulative ROI of +77.24%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of HIGH and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is HIGH worth investing or holding? How to buy HIGH from a crypto exchange?

If you want to buy HIGH, the following information may be helpful for your investment decisions:
In the last 7 days, the price of HIGH has fallen by -2.79%, leading to negative returns for most HIGH investors. The market is currently pessimistic about the price trend of HIGH.
It is important to note that the current price of HIGH has retreated by -96.32% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether HIGH is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in HIGH or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of HIGH, if you want to buy or sell HIGH, you can consider Bitget for your trading needs. The best place to buy HIGH is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Highstreet has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Highstreet. Here's a step-by-step guide on how to buy Highstreet on Bitget.

How to get Highstreet through other methods?

Using cash to buy Highstreet is not the only way to obtain Highstreet. If you have the time to spare, you can get Highstreet for free.
Learn how to earn Highstreet for free through the Learn2Earn promotion.
Earn free Highstreet by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Highstreet airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Highstreet through Bitget Convert, Bitget Swap, or spot trading.

What is Highstreet used for and how to use Highstreet?

The use case of Highstreet may expand as the crypto market and the project itself develop. Currently, you can use HIGH to achieve the following goals:
Arbitrage by trading HIGH: Since HIGH is a frequently traded cryptocurrency, the price of HIGH is always fluctuating. Earn more HIGH by buying low and selling high on the exchange. Bitget spot market provides a variety of HIGH trading pairs to fully meet your needs.
Earn by staking HIGH: You can also generate income through financial management methods such as staking HIGH or lending HIGH. Bitget Earn offers a variety of financial products designed to help you earn more income from your HIGH.
Send or pay HIGH: If you want to give HIGH to your friends, a charity, or a fundraiser, or you want to pay someone with HIGH, you can quickly and easily send HIGH to the recipient through their payment address.
You can also go to the official website of the Highstreet project to learn more about the use cases of HIGH. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Highstreet Wiki

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