A Decentralized Commerce Play-to-Earn Metaverse

Highstreet crypto is the native token of a decentralized commerce-centric play-to-earn metaverse with virtual reality (VR) support. The project aims to create the new generation of retail and offers a simple, secure and fun way of shopping online. Besides enabling a two-way currency flow between physical and virtual worlds, Highstreet (HIGH) introduces a market where in-game items can be exchanged for real-life products.

Travis Wu and Jenny Guo founded LumiereVR in 2015, a company that used VR technology to enhance the retail experience. They later changed the name of the company to Highstreet, which reflects their focus on the high-end fashion market.

The Objective of the Project

Project Highstreet aims to create a new generation of retail that offers a simple, secure and fun way of shopping online.

Besides HIGH, the game also has a utility token STREET, earned by completing various tasks in the game. While HIGH is a governance heavy token, giving gamers a chance to vote on major decisions on the platform, earn through staking and buy products on the marketplace, STREET is the main currency for commerce in the game and can be used to buy armor, weapons, heals, travel tickets and hotel stays.

Price Overview of Highstreet Crypto

As per coinGhecko data Highstreet crypto is trading at $1.61 currently with a 24-hour trading volume of $24,134,157.67. This is an 8.10% price growth in the past 24 hours and a 10.05% price increase in the past 7 days. The market cap of Highstreet is not available as the circulating supply of HIGH tokens is not reported.

The highest price ever paid for Highstreet crypto is $38.42, which happened on December 17, 2021 almost 2 years ago. Compared to the current price, this is -95.83% lower than the all-time high price.

The lowest price ever paid for Highstreet crypto is $0.845090, which happened on Jan 01, 2023 about 11 months ago. Compared to the current price, this is 89.71% higher than the all-time low price.

The fully diluted valuation (FDV) of Highstreet crypto is $160,832,265. 

Conclusion

Highstreet is a decentralized commerce-centric play-to-earn metaverse with virtual reality support. It aims to create the new generation of retail and offers a market where in-game items can be exchanged for real-life products. Highstreet has two tokens: HIGH, which is a governance-heavy token, and STREET, which is a utility token for commerce in the game.

Highstreet is still under development, but the market is already accessible to users via browser. Highstreet crypto is trading at $1.61 currently, with a 24-hour trading volume of $24,134,157.67. Highstreet crypto has a fully diluted valuation of $160,832,265, assuming the maximum number of 100 Million HIGH tokens are in circulation today. Highstreet is a project that offers a unique and innovative way of combining gaming and shopping in the digital realm.

With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.