What is Highstreet (HIGH)?
- Highstreet is a play-to-earn open-world metaverse that incorporates shopping, gaming, NFTs, traditional and crypto brands in an MMORPG game.
- Nowadays, frictionless checkout with e-commerce eliminates the social aspect of shopping. Highstreet reimagines E-commerce and retail in the Metaverse and Web3 era. This is done by integrating traditional brands into the on-chain world, through tokenizing products into “phygital”
- Highstreet’s play-to-earn is driven by value creationand seeks to demonstrate sustainable yield with its brand partnerships.
Key highlights of HighStreet Metaverse.
- Hybrid Products
We already live our life half online and half in real life. The products on our market are crafted to exist both in physical and virtual form and always come straight from the brands. - Instant Liquidity
Never wait for buyers and sellers. Our StreetSmart™ Bonding Curves enable our marketplace to directly buy and sell product tokens at a dynamic fair market value 24/7. - Guaranteed Authenticity
Goodbye Fakes. Product tokens are linked directly to the brands and creators you love. Products redeemed on Highstreet will always come directly from the source. Fresh out the oven.
What is the StreetSmart™ Bonding Curve?
At Highstreet you never have to wait for buyers and sellers. Our StreetSmart™ Bonding Curve enables our marketplace to directly buy and sell product tokens at a dynamic fair market value 24/7. The bonding curve is a price discovery mechanism that calculates the price of a product depending on the amount of products circulating in the market. When someone redeems and burns a product token, the floor price moves higher. However, the current dynamic value stays the same.
Unique Features of Highstreet (HIGH)
Dual Token Model
Highstreet has adopted the dual token economy model where STREET tokens, in addition to HIGH tokens, are the in-game money of Highstreet World. It contributes to ensuring that subsequent players have an equal opportunity to enjoy the game without high inflation while still appropriately compensating early participants. Among the applications for STREET tokens are:
- The principal currency used to conduct all in-game transactions such as buying from NPC characters representing brands, buying from other players, in-game item repairs, etc.
- STREET Token is the equivalent of SLP in Axie Infinity and may be obtained by hunting monsters and completing tasks.
While HIGH has a fixed supply of 100 million Tokens, STREET is inflationary and will increase your supply when the player count increases.
Virtual Real Estate
Highstreet is made up of hexagon-shaped land plots that will be leased to real-world businesses in order for them to establish in-game infrastructure like clubs, shops, homes, etc.
Users can acquire their own “homes” in different locations around Highstreet World through the Initial Home Offerings (IHO).
HOW TO START?
The bustling metropolis known as Highstreet City is one of the first places players will travel to after learning the ropes of the game at Freshmint Island.
DIFFERENT REGIONS IN HIGHSTREET WORLD
Solera
The largest and main landmass of our metaverse, Solera is centrally located in the archipelago of islands that make up Highstreet World. Today, real-world humans and a tribe of mysterious ducks coexist in a symbiotic relationship on this island, each staking their claim to Highstreet.
We may never know if it was ancient humans who first opened the portal connecting the real world and Highstreet World, or the ducks, whose ability to fly paired with their unique built-in compass that always seems to point them towards the market, allowed them to colonize this floating island. One thing is certain: the flow of products from the real world created a trade between the two species. This relationship has created peace and balance that has lasted for centuries.
The islands of Highstreet World are as varied as the citizens of the metaverse. Some islands were formed by giant trees whose canopies reach the clouds and whose roots stretch well beneath the ocean surface. Other islands are carried on the backs of ancient creatures, while a handful have a population made up entirely of ducks with a peculiar interest in commerce. Just about anything you can imagine is possible in Highstreet World, and you never know what you can discover on the next island right over the horizon.
Freshmint Island
Located just off the coast of Solera is Freshmint Island, or as the locals call it, the “Island of Trials.” Here, freshly minted newcomers, also known as “Freshmints,” must prove themselves to earn the title of “Explorer.” They must first overcome a series of challenges to prepare themselves for a life of adventure.
Starting at the Proof of Mind, players will assemble their unique PowerGlove NFT, which unlocks the various classes that you can use to brave the wilds of Highstreet World. As players progress through Highstreet, their class abilities improve whenever they are used. Next, we have the Proof of Strength, where Freshmints can demonstrate their ability to defend themselves against the dangers lurking throughout Highstreet World.
Once both tasks are completed, Freshmints will qualify for a ticket on the Highstreet Express to the main continent of Solera to start their journey as Explorers and put their skills as an Archer or Brawler to the test.
Highstreet City
Eventually, all Freshmints find their way to Highstreet City. The city’s bustling success is partly due to the legendary marketplace located at the city center, rumored to have been built using long-lost, ancient technology. It is also said that a portal opened thousands of years ago, connecting the physical and digital worlds through a space-time rift. Products and goods traveled into the digital world, creating immense wealth for everyone who stumbled upon them.
This past, unknown civilization figured out how to stabilize the rift and use it as a portal, making this region one of the most contested places in the world. Wars were fought, and civilizations perished and rose again. With each transition of power, one thing remained constant: the city around this portal kept growing larger and larger. Thanks to the market located here, players will have access to limited edition products available in Highstreet World.
