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A very short time ago, gaming was nothing but a way to pass the time, at least from the players’ perspective. Of course, it was fun, and many players and gamers have had decades of engaging and fun experiences, and they don’t regret buying and playing their favorite games at all. However, it is worth noting that now that we know better than the possibility of playing a lot better games and earning money at the same time exists — the way traditional gaming has been treating its users does seem rather unfair.
Traditional gaming, as it is today, has grown to become quite greedy. Yes, the games are better than ever visually, the storytelling varies from one game to the other, but other than the fun experience, you don’t really get anything anymore. Back in the day when games were sold on discs, you were at least the owner of your game after purchasing it. Today, where buying games online through gaming apps and launchers such as Steam, even that can be taken away from you with a click of a button.
Not to mention that a lot of games are now using the pay-to-win model, charging massive amounts for additional downloadable content, and they make it quite difficult to play competitively without paying. In other words, the gaming industry is bigger than ever, but also greedier than ever, and it gives little in exchange for the players’ money. Blockchain gaming aims to change that, often by allowing players to become true owners of their tokenized in-game items, and one project, called Highstreet, goes even further than that.
What Problems Does Highstreet (HIGH) Solve?
Highstreet is a decentralized, commerce-centric play-to-earn metaverse built with VR support and its native cryptocurrency, HIGH, as the heart of it. However, it brings a lot more than that, including:
Bridging the physical and digital worlds
Highstreet is an MMORPG that aims to blur the boundaries between the virtual and physical worlds. What this means is that all in-game items that are represented on the platform as NFTs will also have their physical representation in the real world.
Defining the new generation of retail
Another of the project’s goals is to set up a new standard for the next generation of retail, and to offer a new way to make online purchases. This new method will be effortless, secure, and even entertaining, in order to attract customers and elevate their retail experience, primarily through the incorporation of Virtual Reality (VR) technologies.
Limited edition marketplace
Highstreet is creating a limited edition marketplace, which will become the perfect way for brands to enter the metaverse and offer their products. This, of course, means that the products will be limited edition, and offered by high-end brands, which is why the platform encourages startups and established firms to apply for adding their products in the game. And, with the items being limited edition, their price could easily grow with demand.
The platform’s products will be “phygital,” as the project calls them, meaning that they will exist as physical and digital items. Highstreet sees this as an interesting way to symbolize our own way of life, where half of it is in the real world, and the other half is on the internet. The same will be true for its items.
Another thing worth mentioning is that the players will have access to instant liquidity, meaning that they will never have to wait for buyers and sellers. The project has developed a solution called StreetSmart Bonding Curves, which enables the marketplace to directly buy and sell tokens at a dynamic fair market value at any time of day and night.
Finally, thanks to blockchain technology, the fact that the products are directly linked to brands and creators, and that they are tokenized and turned into NFTs — their authenticity will be extremely easy to prove by anyone. Users will always be certain that the item they are purchasing is the real deal, as this approach completely eliminates the possibility of fakes.
Benefits of Highstreet (HIGH)
All of the mentioned solutions are truly setting a standard for blockchain gaming of the future. However, the project also has certain benefits for the users directly, such as:
Redeem in-game items for real-world products
We spoke about the project’s in-game items having their physical counterparts, but what we did not mention is that it is possible to redeem said in-game items for real-life products. In other words, all the goods that you acquire in the game – you can also obtain in real life. This is a unique type of market, and the real reason why Highstreet believes that it can revolutionize multiple sectors with its game.
Explore the metaverse and complete quests
Naturally, given the fact that the project features its own metaverse that you can enter and navigate as you see fit, that means that you can explore its rich and vast world, complete various quests, and even fight monsters that populate the world. And, along the way, you can keep collecting various goods.
The project has two cryptocurrencies, and while HIGH is presented as the main token, it should be noted that this is the project’s governance token. By purchasing it, players get to participate in the voting process, help make decisions by voting on proposals, or submit their own proposals.
Meanwhile, STREET serves as the primary currency facilitating commerce in the game.
Lastly, it should be noted that the project also allows you to stake its HIGH token, and earn passive income in exchange for locking it up and supporting Highstreet.
How Does Highstreet (HIGH) Work?
Highstreet is a decentralized P2E metaverse with a strong focus on commerce, with its most notable feature being the fact that all of its in-game products also have a physical version. Not only that, but users can obtain the physical version by redeeming the digital one.
The project’s game is rather interesting, and rich with possibilities. There is a vast VR-supported metaverse to explore, plenty of quests to complete, and numerous monsters to fight and slay. Meanwhile, the players can also obtain the project’s token. HIGH, and stake it, or use it for governance. On the other hand, any actual in-game commerce uses another token called STREET, which can be used to buy armor, weapons, travel ticket, healing items, hotel stays, and alike.
How to Buy Highstreet (HIGH)
Currently, Highstreet (HIGH) is available for purchase on the following exchanges.
Uphold – This is one of the top exchanges for United States & UK residents that offers a wide range of cryptocurrencies. Germany & Netherlands are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens. USA Residents are Prohibited.
Binance – Accepts Australia, Singapore, and most of the world. Canadian & USA residents are prohibited. Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
Highstreet (HIGH) — Decentralized commerce-centric P2E metaverse
Highstreet is one of many metaverse-based blockchain games, but it is certainly quite unique thanks to the fact that you can now obtain actual physical versions of in-game items. This is likely to be extremely interesting to collectors who are already interested in buying their favorite games’ merchandise and expanding their collections.
Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.
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