High Street Crypto: Smart Investment Or Risky Gamble?

Highstreet (HIGH) is a decentralised, play-to-earn, open-world metaverse game that offers a shopping and gaming experience. It is built on the Metaplex protocol, which allows companies to set up their brands on web3 and in the Highstreet metaverse. The game features two tokens: HIGH and STREET. While HIGH is a governance token, STREET is the in-game currency used to buy items. The game also features virtual real estate, which players can purchase and develop.

The current live price of Highstreet is $1.37 USD, with a 24-hour trading volume of $10,587,539 USD. The maximum price of Highstreet is predicted to reach $16.64 by 2030, while the minimum price could be $14.15. However, there are divergent opinions on the future price of Highstreet, with some analysts predicting a decline in price over the long term.

Highstreet's dual token economy model

Highstreet is a play-to-earn MMORPG game that offers a shopping and gaming experience through its open-world metaverse platform. It combines commerce, gaming, NFT, traditional, and crypto action into a unified game.

The Highstreet dual token economy model involves two types of tokens: STREET tokens and HIGH tokens. STREET tokens are the in-game currency used for all in-game transactions, such as buying from NPCs, other players, and repairing in-game items. They can be obtained by hunting monsters and completing tasks. HIGH tokens, on the other hand, are required to progress in the game and can be used to purchase virtual real estate, special items, and participate in governance activities.

The dual-token model is adopted to bypass regulatory issues and better utilize assets. The STREET token is the utility token, while the HIGH token serves as a security token to raise funds for the project. This separation allows for improved usability and a clear division of the project's ecosystem.

The dual-token model also offers more incentives to token holders and potential investors. With two tokens, Highstreet can provide a better incentive structure, features, upgrades, and functionalities to its users. Additionally, the HIGH tokens can be used to purchase limited-edition items and real estate in the Highstreet World, further increasing their value.

The Highstreet dual token economy model aims to provide a more engaging and rewarding experience for players, encouraging their participation and investment in the game.

Highstreet's future growth potential

Highstreet (HIGH) is a decentralised, play-to-earn, massively multiplayer online role-playing game (MMORPG) that offers a unique shopping and gaming experience through its open-world metaverse platform. The game is built on the Metaplex protocol, which allows companies to set up their brands on web3 and within the Highstreet metaverse.

Dual-Token Economy Model

Highstreet has a dual-token economy model where, in addition to HIGH tokens, STREET tokens are the in-game currency. STREET tokens are acquired through completing various tasks and can be used to buy armour, weapons, heals, travel tickets, and hotel stays. HIGH tokens, on the other hand, are necessary for progressing in the game and can be used to buy virtual real estate, special items, and to stake and take part in governance activities.

Highstreet's Unique Features

Highstreet revolutionises e-commerce and retail by tokenising products and turning them into "phygital" objects that can be traded for physical products or partial non-fungible tokens (NFTs). This allows customers to purchase just the digital component or the entire phygital pair.

The game also features an Initial Home Offering (IHO) feature, where users can acquire their own "homes" in different locations around the Highstreet metaverse.

Highstreet's Future Outlook

The current sentiment for Highstreet is bearish, with the Fear & Greed Index showing 33 (Fear). However, some experts believe that the price of Highstreet could reach $2.956 in 2024 and $2.809 in 2025. WalletInvestor predicts an even more optimistic scenario, with the price of Highstreet reaching $11.263 in 2025.

In the long term, Highstreet has the potential to grow significantly, especially with the current trend of virtual reality gaining traction. If the team behind Highstreet continues to build new features and provide upgrades to its gaming metaverse, the game could even surpass Axie Infinity (AXS), a play-to-earn project that achieved billions of dollars in sales in 2021.

Overall, Highstreet has a strong foundation in the metaverse world, and its unique offerings position it well for future growth and success in the crypto world.

Highstreet's play-to-earn feature

Highstreet (HIGH) is a decentralised, open-world metaverse play-to-earn game that offers a unique shopping and gaming experience. The game is built on the Metaplex protocol, which allows companies to set up their brands on web3 and in the Highstreet metaverse.

The game features two tokens: HIGH and STREET. STREET is the in-game currency used for all transactions, including buying from NPCs, other players, and repairing in-game items. It can be obtained by completing tasks and hunting monsters. HIGH, on the other hand, is a governance token that allows holders to vote on merchant concerns and platform decisions, as well as buy products and real estate in the Highstreet metaverse.

The game's world is made up of hexagon tiles, each representing a metaverse construction component. Players can acquire and develop individual tiles or entire territories. Highstreet also allows users to acquire their own "homes" in different locations through Initial Home Offerings (IHO).

The game is designed with the notion that players will be fully engaged in virtual worlds and will utilise the evolving VR gear available on the market. Highstreet employs the Tafi avatar engine, which collects users' bodily actions in the virtual environment, and the Unity Multiplay game engine to support social components and synchronise player movement.

The play-to-earn feature offered by Highstreet has attracted a lot of gamers and has the potential to surpass other play-to-earn projects like Axie Infinity. With its unique offerings and the growing popularity of the metaverse, Highstreet has a strong foundation and a good chance of success in the crypto world.

Highstreet's unique metaverse world

Highstreets Unique Metaverse World

Highstreet (HIGH) is a decentralised, open-world metaverse platform that offers a unique shopping and gaming experience. It is a play-to-earn MMORPG game that blurs the boundaries between the physical and virtual worlds.

Features

Highstreet has a dual token economy where STREET tokens are the in-game currency, and HIGH tokens are needed for progression. STREET tokens can be earned by completing tasks and hunting monsters, and are used for in-game transactions like buying from NPCs, other players, and repairing items. HIGH tokens are used to buy virtual real estate, special items, and to stake and participate in governance.

The Highstreet World metaverse is made up of hexagon tiles, each representing a construction component. Players can acquire and develop individual tiles or entire territories. The world is home to the continent of Solera and an ever-expanding archipelago of mystery islands and regions, all shaped by market forces.

Use Cases

HIGH tokens can be used to:

• Buy virtual real estate
• Stake and participate in governance
• Buy special items
• Earn through transactions and economic activity in your area of residence

STREET tokens can be used to:

• Buy items from NPCs and other players
• Repair in-game items
• Purchase armour, weapons, heals, travel tickets, and hotel stays

Founders and Team

Highstreet was rebranded from LumiereVR, a computer vision company established in 2015 that focused on elevating the retail experience through VR technology. The co-founders of LumiereVR and Highstreet are Travis Wu and Jenny Guo. Travis Wu is a software developer and blockchain enthusiast with a background in VR, and Jenny Guo is an award-winning VR film producer, art collector, and entrepreneur with experience in art dealing between China and the US.

The core team is made up of die-hard gamers who have been working on their vision for the past six years. They are inspired by childhood favourites like Maplestory, Avatar the Last Airbender, Treasure Planet, and One Piece.

Future Outlook

The unique offerings of Highstreet, such as its open-world metaverse, virtual lands, and virtual technology, give it a strong foundation in the meta world. With the current trend of virtual reality gaining traction, the price of Highstreet (HIGH) can break the $50 mark in the near future.

The play-to-earn feature has attracted a lot of gamers, and if the team continues to build new features and provide upgrades, the game can even surpass Axie Infinity (AXS), a play-to-earn project that achieved billions of sales in 2021.

Highstreet's dedication to the project, along with its unique concept, gives it a fair chance of growing the value of its governance token with the game's public release and future plans.

Highstreet's price prediction for 2024

Highstreet (HIGH) is a cryptocurrency that serves as a bridge between virtual worlds, real life, and the web. Its price prediction for 2024 is expected to be within the range of $1.297229 and $6.14. According to CoinCodex, the price of Highstreet is predicted to rise by 228.71% and reach $4.26 by October 17, 2024. However, based on multiple technical quantitative indicators, the current forecast for Highstreet in 2024 is bearish, indicating that it may be a bad buy this year.

Other sources offer divergent opinions on Highstreet's price predictions for 2024. TradingBeast, for instance, expects a downturn towards $0.9341, while PricePrediction.net estimates the price to be around $0.07784 by the year's end. In contrast, WalletInvestor is more optimistic, forecasting a price of up to $9.599 in December 2024.

It's important to note that cryptocurrency markets are highly volatile and unpredictable. Therefore, it's recommended to conduct thorough research and seek professional financial advice before making any investment decisions.

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