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Bitvavo makes Highstreet as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
We live in a world where technological developments follow each other at a rapid pace. Even the combination of gaming and shopping is no longer a dream of the future thanks to Highstreet (HIGH). On this innovative platform, gaming and shopping enthusiasts are introduced to 'phygital products'. This is the name for physical items that are linked to digital tokens. Together they form a mix of a 'Massively Multiplayer Online Role-Playing Game' (MMORPG) and the world of e-commerce.
Highstreet combines VR gaming with retail, meaning users can use digital items in both the real world and the metaverse. This platform opens a new chapter for the metaverse as shopping, gaming and NFTs have never been so closely integrated.
This platform has its own unique play-to-earn model where users can participate in regular quests. In addition, there are regular events and users can buy in-game assets and phygital products if they want. On this unique platform, virtual and digital come together like never before.
The current CEO of Highstreet is Travis Wu, who founded the platform in 2021, with former employees of leading companies such as McKinsey and Sotheby's. During the Corona pandemic, Wu saw that people started to look differently at digital products. In-game attractions, virtual reality (VR) and the Metaverse gained popularity. The founder of Highstreet believes that these technologies will be part of the world of commerce in the future. His platform aims to stay ahead of the curve by responding to all developments around virtual reality and Web3.
Highstreet (HIGH) is a decentralized play-earn metaverse that connects VR and e-commerce. Its own crypto token HIGH plays a central role in allowing users access to in-game purchases, as well as several other advantages:
Every player on the Highstreet platform is introduced to Play-and-Earn, virtual reality and metaverse. Both consumers and businesses have access to a wide range of services, ranging from shopping to gaming, buying NFTs and attending digital events. Brands have the opportunity to tokenize their products. They then get a spot on the blockchain. After that, users of the platform (the consumers) get access to physical and digital products.
Wu and his team want to offer players a unique and positive experience in the metaverse and e-commerce. This is only possible with a comprehensive platform consisting of various components: Highstreet. A popular place is Highstreet Marketplace, where users can purchase all kinds of phygital products. It is also possible to buy and sell NFTs for Highstreet games. And that's not all, because players of Highstreet World can even purchase digital homes. This option is available via Initial Home Offerings, abbreviated to IHOs.
HIGH is the native utility token of this innovative platform. 'Native utility' means that it can be used for various purposes, such as staking, governance and liquidity mining. HIGH can be found on both the Ethereum blockchain and BSC. In the first case it is an ERC-20 token and in the case of BSC it is a BEP-20 token.
It's worth noting that the project has two tokens of its own: HIGH and STREET. Most of the attention goes to HIGH because it is the governance token. Players who own HIGH are allowed to vote on important decisions within the Highstreet ecosystem. If you want to trade within this metaverse, use STREET.
Looking to own digital real estate? Then delve into the possibilities of Highstreet. This platform distinguishes itself from other crypto projects in the following ways:
Looking to buy Highstreet (HIGH)? This crypto token is available at Bitvavo. This platform is accessible for both novice and experienced traders. Follow these steps to buy HIGH via our website or mobile app:
The price of HIGH tokens is directly linked to the current market value. After purchase, the tokens are automatically added to your Bitvavo account, where you can easily manage and trade them. You can also see at a glance how much the HIGH cryptocurrency is worth. Keep a close eye on the news to stay informed of developments in the crypto market.
Want to store HIGH tokens in a safe and reliable way? That is easily done in your Bitvavo account. The exchange stores the majority of its customers' credit in secure and offline cold storage. Despite the security measures, it is wise to use two-factor authentication (2FA) as an additional security measure.
This means that in addition to a password, you enter an extra code when logging in. Activating 2FA is easy. For example, download Google Authenticator and link the app to your Bitvavo account. A code will then appear on the screen with which you can log in. This code changes after a minute to guarantee one hundred percent security.
* This is for informational purposes only and is not advice, nor should it be relied upon as such.
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Trading digital assets involves significant risks. Digital assets are highly volatile and you may lose some or all of your investment. The information on this page does not constitute advice, and should not be relied upon as such. Bitvavo is authorized as a crypto-asset service provider under Regulation (EU) 2023/1114 (MiCA) by the Autoriteit Financiële Markten (AFM), Vijzelgracht 50, 1017 HS Amsterdam. More info can be found in our Risk Disclosure.
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