Highstreet’s Metaverse provides accessibility to gaming, entertainment, real estate, crypto, and other scenarios for its users. Highstreet World is made up of fully explorable islands that are powered by brands and their partners. Each island has residential areas, as well as phygital products, which are digital assets tied to real-world products. These NFTs can be purchased as Highstreet Worlds.
Highstreet Market is a special marketplace located in Highstreet City inside the metaverse. It is a marketplace that specializes in limited edition redeemable phygital products. Each token represents both the physical and digital components of the product. Highstreet Market’s StreetSmart bonding curves use a smart contract vault in order to guarantee liquidity for buyers at all times. By tokenizing each individual product into ERC-20 tokens, Highstreet Market eliminates the logistical overhead for third-party asset traders, ensuring that only creators and true collectors possess and handle the items.
With the help of recognizable companies like HTC, Highstreet not only allows users to buy actual products through digital means but also allows friends to join parties to shop and earn together in a growing metaverse.
Highstreet’s marketplace can be navigated through web browsers. Highstreet’s new partnership with Tafi makes it possible to access its metaverse, which allows users to interact face-to-face using 3D avatars.
The denizens of Highstreet’s metaverse will encounter FOMO Duck, a mascot with an integral role in the shared digital environment. Highstreet plans to launch FOMO Duck as an NFT on September 17, 2021, with 250 released each day until the total supply of 10,000 FOMO Ducks has been minted.
FOMO Duck NFTs can be minted by anyone who completes a list of tasks on Gleam. Minting fees are 0. 069ETH and limited to one Duck per address. Each FOMO Duck can attempt three times to enter the Highstreet Moon Vault. In order to receive a $HIGH voucher, each FOMO Duck must be present at least once. FOMO Duck holders will be eligible for special bonuses in the lead up to Halloween’s metaverse unveiling and launch.
Highstreet has two affiliated Subsidiaries: Sundance-backed LumiereVR Studio and Retinad Analytics. Highstreet acquired 2018, Retinad, a technology company that collects consumer insights for brands.
For more information about Highstreet, please visit the official website: https://www.highstreet.market/
Highstreet is a commerce-centric metaverse that allows players to explore a vast MMORPG world where in-game items are real products by real brands. Highstreet’s Merchant portal allows brands to shopify in gaming. It uses the Metaplex protocol to make it easy for them to set up shops on both highstreet world and web3.
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Topic: Press release summary
Sectors: Gaming, NFTs
From the Asia Corporate News Network
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