Ilya Boyarov

What Is HIGH (Highstreet)?

Apart from realizing a two-way currency flow within physical and virtual worlds, Highstreet (HIGH) introduces a market where in-game items can be redeemed for real-life products. During gameplay, users have an opportunity to explore the metaverse, fight monsters and complete quests all the while acquiring goods that have both digital and real-world utility.

The project aims to define the new generation of retail and offers an effortless, secure and entertaining way of making online purchases.

Apart from HIGH, the game features a utility token STREET, acquired through completing various tasks in the game. While HIGH is considered a governance heavy token, giving gamers an opportunity to vote on major decisions on the platform, profit through stacking and buy products on the marketplace, STREET serves as the primary currency facilitating the commerce in the game and can be used to buy armor, weapons, heals, travel tickets and hotel stays. HIGH is paid to owners of properties in taxes and is also obtainable through participation in metaverse’s special events.

As stated in the official sources, the token first went live in October 2021. The company’s twitter feed reports that the game is currently as of November 2021 in private alpha testing with the public beta testing coming towards the end of the year. Highstreet market is already accessible to users via browser.

Who Are the Founders of Highstreet?

Highstreet (HIGH) was rebranded from a computer vision company LumiereVR. Established in 2015, it was focusing on elevating retail experience through incorporation of VR technology. The co-founders of LumiereVR and Highstreet are Travis Wu and Jenny Guo.

Travis Wu is an experienced software developer and blockchain enthusiast with a background in VR. He studied entrepreneurship at Draper University ​​in San Mateo, California and computer science at Queen's University in Ontario, Canada.

Jenny Guo majored in electronic art and political studies at Bard College in Annandale-on-Hudson, New York and studied creative producing at Columbia University in New York. She is an award-winning VR film producer, a devoted art collector and a successful entrepreneur. Guo also has an extensive background in art dealing between China and the United States.

What Makes Highstreet Unique?

Highstreet (HIGH) is an MMORPG game that blurs the boundaries between physical and virtual worlds. All the in-game items are represented on the platform as ERC-721 non-fungible tokens (NFTs) divided into two fractions. While the purchase of the digital fraction gives players an opportunity to use the item within the metaverse, buying the NFT as a whole allows gamers to also receive the item in real life.

The project ensures the legitimacy of every product sold on the market. The gamified marketplace’s authentication process guarantees that only verified trustworthy sellers can join the platform.

A bonding curve is a mathematical function used to set a relationship between the price of an asset and its available supply. Highstreet (HIGH) implements bonding curves to provide product liquidity for buyers and offer an automated price discovery for sellers.

As video games are currently taking over the industry of group entertainment for the young audience, creation of the in-game presence provides brands with an opportunity to expand a consumer market. Although Highstreet (HIGH) mainly features limited edition products by high-end brands at the present time, the platform encourages both startup and established companies to apply to launch their creation.

Can HIGH Hit $50?

During the token’s IDO, HIGH was on sale for $1. While for most of October 2021 the token price was at around $5.5, it started experiencing a significant increase upon the announcement of the beginning of Highstreet (HIGH) alpha testing in late October and so far reached at its highest $32.18. Between the unique concept and the development team's dedication to the project, Highstreet (HIGH) has a fair chance of further growing the value of its governance token with the game's public release and future plans fulfillment.

When Will HIGH Trading Begin?

HIGH first sale was in October 2021.

What Is Frontier (FRONT)?

Frontier’s applications allow users to manage staking, DeFi positions, best-rate asset swapping, liquidity mining, and collateralized debt position (CDP) creation and monitoring.

In a nutshell, Frontier is bringing the core functions of DeFi to users, regardless of the platforms they use.

Frontier began development in April 2019, and the beta platform launched in November 2019.

In August 2020, Frontier announced that it had raised $1.85 million in seed funding from numerous investors, including Alameda Research, CoinGecko, FTX, NGC Ventures, and more. The first token listing of FRONT, the native cryptocurrency of Frontier, took place in September 2020.

Who Are The Founders of Frontier?

Frontier has a team of at least 15 members spread across the world. The co-founders of the project are Ravindra Kumar, Palash Jain and Vetrichelvan Jeyapalpandy.

Kumar is the CEO of Frontier and a tech advisor at THORChain. He is a smart contract and Android developer with over nine years of experience. He has worked on over 50 mobile applications, including Care.com, Cleartrip.com and Fueled.com. Kumar has also worked as a chief technology officer (CTO) for Woodstock Fund and InstaDapp, a decentralized banking infrastructure that offers support for DeFi protocols.

Palash Jain is the CMO of Frontier with more than three years of experience in the blockchain space. He has worked with BitMax, Matic, IOST and Lambda, where he served as communications manager. He holds a bachelor of technology in computer engineering from the Global Academy of Technology.

Vetrichelvan Jeyapalpandy, the CTO of Frontier, has a track record in mobile and web development. He was a consultant at Care.com for over seven years and worked as a front-end engineer for Cleartrip.com. He holds a bachelor of technology in chemical engineering from Kongu Engineering College.

What Makes Frontier Unique?

Frontier aims to solve the problem of fragmentation within the DeFi sector. Significant isolation exists when it comes to swapping, borrowing, lending, staking and providing liquidity. Frontier aims to solve this challenge by aggregating several DeFi applications in one location.

Frontier claims that non-custodial wallets are mostly suitable for storing cryptoassets but are unusable when it comes to DeFi. This forces users to download multiple wallets in an attempt to participate in a single ecosystem. Frontier integrates several wallets such as Metamask, FortMatic, Coinbase Wallet, Trust Wallet, and imToken. Its users don’t have to transfer their cryptoassets between different wallets to participate in DeFi.

How Many Frontier (FRONT) Coins Are There in Circulation?

The FRONT token is a utility token within the Frontier ecosystem. It was made for use by small players in DeFi who are disadvantaged by high costs.

The total supply of FRONT is capped at 100 million tokens and is distributed as follows:

Token sale: 32.5%

Ecosystem: 20%

Staking rewards: 13.5%

Reserves: 10%

Team: 10%

Community: 8%

Marketing: 6%

The FRONT token can also be used for:

Voting on the Frontier Chain. FRONT token holders make decisions within the framework of decentralized governance.

Providing liquidity to pools. This allows users to earn a passive income. FRONT tokens will bootstrap liquidity for several DeFi protocols.

Staking as a way of securing the Frontier Chain network. Users will do so by either running a validator node or delegating their FRONT tokens to validators.

How is Frontier Network Secured?

The FRONT token is an ERC-20 token. Frontier has deployed smart contracts that allow token holders to bridge their FRONT ERC-20 tokens to Binance Smart Chain’s BEP-20 standard. Frontier released its Frontier Chain Incentivized Testnet, powered by Cosmos SDK, in April 2021.