Metaverse Project Highstreet launches McBear NFT collection of BEAR tokens

Last week, a top-ranked Metaverse crypto project, Highstreet, announced its partnership with BuerBear for their new “fygital” art toy, McBear. Sold as an NFT on the Highstreet market, McBear will allow proprietors to wager it for rewards in the form of ERC-20 BEAR tokens. Users can gather McBears and add them to High Street’s Solarium homes in the future to customize their seats and show them off to friends.

Highstreet launches new NFT collection

McBear is the latest addition to High Street’s limited NFT collections in their marketplace. Highstreet currently offers three NFT collections: Robot Cat Cafe, FOMO’s Secret and McBear. Each NFT can be redeemed for a physical item, and users can purchase the NFTs either on High Street’s official marketplace or in secondary markets such as Binance NFT.

According to Highstreet’s announcement on Medium regarding the McBear NFT supplement:

The Highstreet community and BuerBear fans will be able to buy up to $ 200 BEAR tokens on High Street’s StreetSmart b binding basket market mechanism July 11, 2022. Each token will guarantee ownership of a limited edition of BuerBear art toys – in both digital and physical form. “

McBear offers tools in Highstreet Metaverse, and gives holders an opportunity to redeem NFT for a physical bear. In addition, owners can redeem BEAR tokens to receive their phygital drops and qualify for another mysterious airdrop that will take place when a total of 100 tokens have been redeemed for the digital NFTs and physical McBears.

The Highstreet team plans to continue to add extra benefits to McBears as the community and project evolves.

What is Highstreet?

Launched in October 2021, Highstreet (HIGH) is a Metaverse and VR project integrated with the BNB chain, building an RPG-enabled experience where players can earn rewards, interact with others and enjoy an immersive and engaging digital world.

Highstreet’s Metaverse is built with the Unity game engine, and users can check out the virtual tour of the Highstreet world by connecting to a Web3 wallet like MetaMask. If you have not already done so, we recommend checking out the platform as it has several services worth exploring, including the NFT Marketplace, virtual property in the Highstreet’s Solarium, a staking dashboard, etc.

While the virtual property for Highstreet’s Solarium Apartments is sold out on the official marketplace, users can check out Highstreet’s IHO in secondary markets such as Binance NFT, which has over 2,500 items and has managed to surpass a trading volume of over $ 10 million for IHO. collection so far.

The final price for a Highstreet plot is $ 500, an increase from the previous price of $ 376 last week, which signals this project’s enormous long-term potential despite the current state of the market. Also, the current price of $ 500 remains relatively low when it comes to virtual real estate prices for other popular Metaverse crypto projects.

Highstreet Price

Highstreet has a multi-token economy, with the primary asset being an ERC-20 and BEP-20 HIGH token, enabling users to purchase NFTs and interact with Metaverse. The platform also offers the STREET tool and specific reward tokens for NFTs such as the BEAR and DUCKS tokens.

HIGH has performed quite well over the past week as the cryptocurrency markets continued to trade sideways. The token rose 24% this week, from a low of $ 1.3 to a high of $ 1.7 on July 16.

With a current market value of $ 18 million, Highstreet is severely undervalued, and with a 24-hour trading volume of $ 24 million, it is clear that the market is excited about the crypto asset.

We recommend keeping an eye on HIGH over the next few weeks, and considering that the IHO price has almost doubled in the last week, the project is getting significant hype.

You can buy HIGH on Uniswap, Phemex, Binance, BitMart, MEXC, Gate.io, Coinbase Exchange, Bitrue, etc.

Disclosure: This is not trading or investment advice. Always research before buying cryptocurrency or investing in Metaverse crypto projects.

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