Highstreet
Name
Highstreet
Summary
Highstreet is a commerce-centric metaverse accessible on browsers and native PC VR.
With veterans from VR, Defi, fine art, and hype markets, the mission of Highstreet is to bridge the gap between reality and the digital.
Players are able to form parties to explore avast new world on the Highstreet interface, own and expand their virtual reality estates, and buy tokenized products from their favorite brands.
Rating
Symbol
HIGH
Overview
HIGH Token (Highstreet) is a native token of a decentralized commerce-centric play-to-earn metaverse built with virtual reality (VR) support. Apart from realizing a two-way currency flow within physical and virtual worlds, Highstreet (HIGH) introduces a market where in-game items can be redeemed for real-life products. During gameplay, users have an opportunity to explore the metaverse, fight monsters and complete quests all the while acquiring goods that have both digital and real-world utility.
The project aims to define the new generation of retail and offers an effortless, secure and entertaining way of making online purchases.
Apart from HIGH, the game features a utility token STREET, acquired through completing various tasks in the game. While HIGH is considered a governance heavy token, giving gamers an opportunity to vote on major decisions on the platform, profit through stacking and buy products on the marketplace, STREET serves as the primary currency facilitating the commerce in the game and can be used to buy armor, weapons, heals, travel tickets and hotel stays. HIGH is paid to owners of properties in taxes and is also obtainable through participation in metaverse’s special events.
Historical Price Movement (in INR)
Technology
All the in-game items are represented on the platform as ERC-721 non-fungible tokens (NFTs) divided into two fractions.
Use of Native tokens in the ecosystem:
In-game access: HIGH tokens are required in various areas for game progression or access to special events.
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.
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.
Treasury community
54%
Team
10%
Investors
30%
Equity airdrop
11%
IDO
5%
Volume ( as of 23rd May 2022)
$4,940,110
Total Supply
100,000,000 HIGH
Circulating Supply
12,302,500 HIGH
Crowd Sales
17-01-2022- IEO- $1.5M
Funding
11-08-2021- Seed round- $5M
Country
Canada
Name of Organisation
Highstreet World Limited
Year Incorporated
2018
Registered Address
Vancouver, British Columbia, Canada
Dispute Resolution and Governing Law
Canada
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Jonathan Choi | Founder | UC San DiegoBachelor of Science in Cognitive Science | 5 yrs |
| Jenny Guo | Co - Founder | Columbia University in the City of New YorkMaster of Fine Arts (M.F.A.) Dropped out, Creative ProducingQuantic School of Business and TechnologyMaster of Business Administration (MBA) | 10 yrs |
