Highstreet (HIGH) token - will the fashion for earning money from playing come back?

There was a time that all cryptocurrencies related to the metaverse and industry play to earn (P2E) they grew like crazy. But lately they are not in full grace. Will the emerging revival in the entire market make fashion come back? If this happens, the token that cooperates with stores around the world may be one of the leaders in the revival of the industry. We check how solid the basis for this is.

We continue the cycle of the Forex Club portal, in which we analyze and describe the largest, highest-valued, most interesting, most developmental, advanced and also the most controversial cryptocurrency projects around the world. Today it's time for Highstreet Token (HIGH) – a bridge between the virtual and the real world, which allows you to transfer purchases from the game to the real world or vice versa.

How to combine gaming with real objects?

This question has been asked by everyone who deals with monetization of the metaverse market for a long time. Meanwhile, Highstreet products exist in both digital and physical form. We buy digital in games, but we can also order it in the "real" and pick it up in one of the large stores. The other way around is also possible: those interested in physical gadgets find themselves in the world of the metaverse, inspired by them. Highstreet is responsible for the cooperation between the real and digital worlds.

The very idea of ​​the activity was born in 2015, when the LumiereVR company was founded. It was within its framework that established brands began to be traded, as well as those that were just entering the market in connection with NFT tokens and the ability to create your own digital identities. The whole thing was built not only on e-commerce, but also on partner stores operating in real life.

How does Highstreet work?

Thanks to Highstreet, each brand can translate its success, e.g. in the production of clothes or shoes, into NFT. Real products with known names are exchanged, for example, for items that can be purchased in the game for relatively little money and one NFT for collectors.

Highstreet is also a launch pad for the latest brands that want to grow. Interestingly, the price of items is never fixed and changes after each purchase. The smart contract calculates it based on demand and supply. It is also influenced by even the mere interest in the product through observation, which has not yet translated into a purchase.

Within the Highstreet infrastructure, there is also Highstreet World, a gaming layer.  Since September 2022, such well-known and respected brands as Binance, AVAX or Animoca. In the game world, you can buy properties, complete quests and even visit your own homes using compatible virtual reality headsets. With the help of VR, you can also watch movies at home or witness the birth of virtual pets. Virtual property owners also earn 3% for every transaction made in their region.

How does the HIGH token work?

Highstreet's native utility token is the HIGH cryptocurrency. It's a multi-chain token that gradually unlocks as the project progresses. It can be stacked to earn rewards and can be used to pay for in-game items in Highstreet World. It is also used to navigate to different regions in gameplay and access exclusive events in the Highstreet metaverse.

HIGH cryptocurrency quotes

As of April 12, 2023, HIGH tokens can be traded on 16 cryptocurrency exchanges from around the world, including the most popular of them - Binance. You have to pay USD 2,05 for each of them, which, with the supply of 100 tokens, translates into over USD 000 million in market capitalization. The peak of quotations took place on March 000, 200, when HIGH was valued at USD 30.