Market Cap: $2.7555T 2.30%
Volume(24h): $87.7675B -15.51%
Fear & Greed Index:

51 - Neutral

  • Market Cap: $2.7555T 2.30%
  • Volume(24h): $87.7675B -15.51%
  • Fear & Greed Index:
  • Market Cap: $2.7555T 2.30%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

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.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design

What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design

Sep 19,2026 at 04:39pm

Core Architecture and Consensus Innovation1. Solana employs a hybrid consensus model combining Proof of Stake (PoS) with Proof of History (PoH), a cry...

What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem

What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem

Sep 17,2026 at 05:59pm

Core Utility of SHIB Token1. SHIB serves as the foundational asset within the Shiba Inu ecosystem, functioning as a transferable ERC-20 token on Ether...

What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets

What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets

Sep 11,2026 at 07:40pm

Core Utility Functions of AVAX1. AVAX serves as the primary medium for settling transaction fees across all three native chains—X-Chain, C-Chain, and ...

What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem

What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem

Sep 19,2026 at 10:20am

Core Utility of ADA Tokens1. ADA serves as the native asset of the Cardano blockchain, functioning as the sole medium for settling transaction fees ac...

What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network

What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network

Sep 12,2026 at 11:39am

Core Utility of HYPE Token1. HYPE serves as the native governance token of the Hyperliquid protocol, granting holders voting rights on critical upgrad...

What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem

What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem

Sep 11,2026 at 04:40pm

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design

What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design

Sep 19,2026 at 04:39pm

Core Architecture and Consensus Innovation1. Solana employs a hybrid consensus model combining Proof of Stake (PoS) with Proof of History (PoH), a cry...

What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem

What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem

Sep 17,2026 at 05:59pm

Core Utility of SHIB Token1. SHIB serves as the foundational asset within the Shiba Inu ecosystem, functioning as a transferable ERC-20 token on Ether...

What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets

What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets

Sep 11,2026 at 07:40pm

Core Utility Functions of AVAX1. AVAX serves as the primary medium for settling transaction fees across all three native chains—X-Chain, C-Chain, and ...

What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem

What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem

Sep 19,2026 at 10:20am

Core Utility of ADA Tokens1. ADA serves as the native asset of the Cardano blockchain, functioning as the sole medium for settling transaction fees ac...

What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network

What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network

Sep 12,2026 at 11:39am

Core Utility of HYPE Token1. HYPE serves as the native governance token of the Hyperliquid protocol, granting holders voting rights on critical upgrad...

What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem

What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem

Sep 11,2026 at 04:40pm

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

See all articles

User not found or password invalid

Your input is correct