Key Points:
Highstreet (HIGH) is an MMORPG game that blurs the boundaries between physical and virtual worlds. All the in-game items are represented on the platform as ERC-721 non-fungible tokens (NFTs) divided into two fractions. While purchasing the digital fraction allows players to use the thing within the metaverse, buying the NFT will enable gamers to receive the item in real life.
With that, the price of the Metaverse Highstreet project HIGH Token has increased by almost 170% in 24 hours, and the current price is $3.49.
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 can explore the metaverse, fight monsters, and complete quests while acquiring goods that have both digital and real-world utility.
According to information on the project’s official website, Highstreet completed a $5 million funding in August 2021, with participation from Binance Labs, Shima Capital, Animoca Brands, and others.
The project sponsor, Binance, yesterday also made a statement regarding the development of Metaverse projects. Specifically, Binance CEO CZ stated in the latest Binance AMA that if Binance builds a metaverse, it will undoubtedly be backed by BNB, but since Binance (yet) is not a game builder. Without a game-building team, CZ wants to invest in other VR or metaverse games.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Foxy
Coincu News
London, United Kingdom, May 2nd, 2024, ChainwireAI-powered Telegram trading bot, Bitbot, has surged past the…
The partnership aims to streamline PayPal cryptocurrency purchases, enhancing accessibility and security.
BNP Paribas, the continent's second-largest bank, has made a bold move by acquiring shares of…
April witnessed a flurry of activity in the crypto VC space, with the release of…
On May 2, the burgeoning market for cryptocurrency spot ETFs in Hong Kong witnessed a…
Federal Open Market Committee (FOMC) meeting, Chairman Jerome Powell delivered a message of monetary policy…
This website uses cookies.