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Who issued the Highstreet (HIGH) coin

Highstreet World issued the HIGH coin to fund the development of their decentralized metaverse platform, which combines the physical and digital worlds through NFTs and blockchain technology.

Dec 16, 2024 at 11:58 pm

Who Issued the Highstreet (HIGH) Coin?

Highstreet (HIGH) is the native token of Highstreet, a decentralized metaverse platform that combines the physical and digital worlds through NFTs and blockchain technology. The HIGH coin powers the Highstreet ecosystem, enabling users to make purchases, participate in governance, and earn rewards.

Issuance of the HIGH Coin

The HIGH coin was issued by Highstreet World, the company behind the Highstreet metaverse. The company conducted a series of token sales in 2021 to raise funds for the development of the Highstreet platform. The initial token sale raised over $5 million, with subsequent sales raising additional funds.

Role of the HIGH Coin in the Highstreet Ecosystem

The HIGH coin plays a crucial role in the Highstreet ecosystem, facilitating various functions and activities:

Currency: HIGH is used as the primary currency within the Highstreet metaverse, enabling users to purchase virtual land, NFTs, and other items.
Governance: HIGH holders can participate in the governance of the Highstreet platform by voting on proposals that shape the future development of the metaverse.
Staking: Users can stake their HIGH coins to earn rewards and contribute to the security of the Highstreet network.

Key Features of the HIGH Coin

The HIGH coin possesses several key features that distinguish it from other cryptocurrencies:

Limited Supply: There is a fixed supply of 100 million HIGH coins, ensuring scarcity and potential value appreciation.
Versatility: HIGH can be used for a wide range of activities within the Highstreet ecosystem, including purchases, governance, and staking.
Integration: HIGH is seamlessly integrated with the Highstreet metaverse, providing users with a convenient and frictionless experience.

Conclusion

The HIGH coin is an integral part of the Highstreet metaverse, facilitating key functions and activities. It plays a vital role in enabling users to interact with the virtual world, participate in governance, and earn rewards.

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