While I really like the idea of Highstreet in principle as it represents a cool future how things could be once certain technologies improve and become more adopted worldwide, I believe right now the project could be considered as nothing more than just a gimmick. I don’t believe the world is currently setup to bring this idea to success. For example it is currently much more convenient and easier for the majority of the world to shop via web2 centralised company’s like Amazon and I don’t see this changing anytime soon.
What is even more worrying to me about the Highstreet project though is their dual token economy. While there are not masses of information about the whole aspect of Highstreet’s tokeneconomics, which also a bit concerning, having a dual token economy just makes the running of the project much more complicated and increases their chances of failure a lot in my eyes. Think of Axie Infinity as an example of this kind of token economy failing.
Ultimately I would say Highstreet is a big gamble of a coin to buy right now, but good news is it listed on many credible exchanges so what I plan to do is actually take advantage of this and look to short any big pumps this token may have in the future. This strategy has worked very well on previous metaverse tokens in the past and I can see it continuing for now. Show Less
