Highstreet is collaborating with Animoca Brands to launch the initial home offering. This event will occur in three stages: whitelisting, IHO and minting. Making these assets available for purchase is the MMORPG’s first step toward creating its metaverse, where it will combine traditional brands with web3 ecosystems.
Ready your engines for our upcoming IHO partnering with @animocabrands! 🥁
Brand new All-Terrain Trailers featuring @layerzero_labs @psg_talon @apecoin @revv_racing will carry you across the vast Animoca Archipelago from the comfort of your own homes🚙 https://t.co/SH0vjuKW36
— Highstreet (@highstreetworld) August 2, 2022
Details of the Highstreet Initial Home Offering
The Highstreet initial home offering will offer 5,000 futuristic all-terrain trailers to users. As mentioned earlier, this sale will be done via a whitelist that will take place in August. However, the announcement did not state the date for the Whitelist. Although, it did mention that the process will occur in the game’s marketplace. Through this merchandise, the team intends to surpass the current $10 million trading volume on Binance.
The IHO will also unveil the Animoca Archipelago. This region within the virtual world interacts with other games from Animoca Brands’ ecosystem. There will also be an eSports league that will introduce better ways to connect with the vast gamer community. Both outfits want to introduce features encouraging adoption and participation within the metaverse. More so, they want this project to be the base for undertaking commerce in the future.
The residents in this virtual world will live in the Archipelago of Highstreet World metaverse. It is located on an island off the coast of the main continent of Solera. Some networks or islands represent different projects within the Animoca ecosystem. They include:
- REVV Motorsport
- PSG Talon
These NFTs available for sale will be essential aspects of the virtual space that consist of different regions. Although, Animoca Brands’ IP is the foundation for creating an immersive theme park in this area, it is not the only place. The game is currently working with other brands to power other regions within the virtual world. They include:
- Binance Beach
- AVAX Alps
Speaking about the partnership, the CEO of Highstreet was confident of it yielding dividends. Here are the comments of Travis Wu:
“Animoca Archipelago is where many universes shaped by games, brands, and IP coexists in harmony. Models and assets from other projects will function within this enormous space, where users can interact with each other in novel ways. Just as importantly, Highstreet World participants will be able to farm experience points by defeating monsters in the archipelago, eventually opening up new options in their gameplay as they level up.”
About Animoca Brands
Animoca Brands is a leader in digital entertainment, blockchain, and gamification. The company is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. The firm also has more than 340 investments globally.