Highstreet is created from LumiereVR, a computer vision based VR retail company established in 2015. The team has built a commerce based metaverse over the years by piecing together components built by various household names from brands like Hershey’s Chocolate, L’Oreal and Madison Square Garden.
As the real and virtual worlds collide, Highstreet is at that intersection welcoming everyone as residents of our Metaverse and shoppers of our Phygital Marketplace.
FOMO’s Secret is our genesis Drop Ø exclusive art edition, featuring our beloved duck mascot.
Each product token acts as a voucher to the physical item and NFT. You can sell this product token back at any time. To get the physical item shipped to your door, you must redeem from your inventory after buying.
Once redeemed, the product token is burned and your unique NFT is minted with metaverse utility and can be used in Highstreet World.
Product tokens held in your wallet can also be used in Highstreet World.
Every brand’s product token has a unique starting price. Each buy and sell will move the price based on our StreetSmart™ Bonding Curve, displaying a dynamic fair market value.
Buy using HIGH. Connect your Metamask wallet, approve the tokens, then confirm the purchase. Once the transaction clears, your product token is in your inventory!
Product tokens are either ERC-20 on Ethereum or BEP-20 on Binance Smart Chain. Payment will be on the same network as the product token in HIGH (ERC-20) or HIGH (BEP-20).
You can bridge HIGH between networks on Synapse
When a product drops, it is common for many buyers to bid for the lowest token price on the network.
During the first minutes of a drop going live, we recommend setting your slippage to a higher % to have the best chance of processing your payment due to high traffic.
On the checkout page, you can set your slippage percentage (the max bid you are willing to pay), and see an estimated gas fee.
To process the payment MetaMask will prompt you to approve the token expenditure (small gas fee), then confirm the purchase (gas fee).
Slippage is a buffer in case of price changes, and it may not be exhausted.