Highstreet (HIGH), a popular metaverse coin, has recently attracted attention with its massive increase. Behind the altcoin’s rally that started over the weekend, there seems to be an announcement regarding chatbot ChatGPT. Here are the details…
The rise in the Metaverse coin project: Is it because of ChatGPT?
Highstreet, behind HIGH, a metaverse coin, pointed out in an announcement over the weekend that Highstreet NPCs (non-player characters) will be fully speaking thanks to ChatGPT. He pointed out that the studies on this issue have reached the final stage. He also pointed out that important announcements are coming for investors of Forever Fomo Duck Squad NFT.
https://twitter.com/highstreetworld/status/1619811535521726469
The price of HIGH has increased significantly after the latest tweet. At the time of writing, HIGH is changing hands at $2.77, up 55 percent. The cryptocurrency managed to rise from $ 1.76 to $ 3.90 in the last day. It has gained 135 percent in the last 7 days and 219 percent in the last 30 days. So, it’s been one of the altcoins that exhibited the biggest gains since we entered 2023. It has almost tripled as it jumped from $1.20 on a monthly basis.
More detailed information about HIGH
Highstreet, as we’ve also reported as Kriptokoin.com, is a commerce-centric metaverse that combines shopping and gaming. Highstreet’s products are physical, meaning they can exist in both digital and physical forms. The digital form can be purchased as in-game items at a fraction of the cost, while the physical form allows players to make real-life purchases from within the game. Highstreet also partners with department stores around the world to bring mainstream brands to the metaverse. Players can view exclusive collections with private labels that allow buyers to redeem and claim free crypto assets on Highstreet.
Highstreet is the evolution of LumiereVR, the VR retail company founded in 2015. The team focused on creating a trade-based metaverse with components from various household names and established brands. On Highstreet, players can buy, trade, redeem or craft NFT in-game items and create their own digital identity. Thanks to direct integration with existing e-commerce systems, players also have the option to use these products in real life in partner stores.
Physical products such as t-shirts and sneakers can now be converted into NFTs and delivered to more customers around the world. To move their product into the metaverse, Highstreet is converting the item into two fractional NFTs. The first part is sold at a relatively low price and serves as an in-game item for players in Highstreet World. The brand profits from the sale of this NFT with no reduction in inventory or additional expense. As a result, having a real-life use case is one of the features that made Highstreet popular. Now it expands the metaverse experience by allowing its NPCs to talk. Therefore, it seems to have caught the attention of crypto investors.
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