Retail-focused MMORPG Metaverse Highstreet World has partnered with Animoca Brands for an initial home offering (IHO) featuring futuristic all-terrain trailers rendered as NFTs.
There is what we call an initial coin offering (ICO) in cryptocurrency and an initial public offering (IPO) in business. However, when it comes to NFTs, there is an “initial home offering” (IHO), and no less than Highstreet World and Animoca brands are bringing these futuristic all-terrain NFT trailers to life.
Highstreet World is a retail-focused massively multiplayer online role-playing game (MMORPG) Metaverse. On the other hand, Animoca Brands is a Hong Kong-based game software company and venture capital company behind some well-loved games and blockchain projects like Benji Bananas, REVV Motorsports, and The Sandbox.
Highstreet x Animoca Brands’ IHO
As mentioned in the get-go, this collaboration is for an IHO featuring 5,000 futuristic all-terrain NFT trailers. Its official Twitter account tweeted on Tuesday that the all-terrain NFT trailers would carry users across “the vast Animoca Archipelago” from the comfort of their homes.
On the same day, Animoca Brands took to Twitter to briefly explain that the Animoca Archipelago is a “region that features deep integrations with games from Animoca Brands’ ecosystem.”
Highstreet’s vision with this IHO is to bring together the stories and adventures of brands and Web3 ecosystems to build the foundation for the future of business. The company aims to jumpstart this vision through these NFT trailers made available for its players.
Highstreet NFT Trailer Homes
In a blog announcement, the company said the NFT trailer homes will function as recreational vehicles that turn into permanent homes (as seen in the picture above). These trailer homes will be part of the Highstreet World Metaverse, a virtual world composed of several regions with unique traits.
One of these regions is the Animoca Archipelago (more on this below), which the company mentioned in its tweet. This archipelago is an island chain off the coast of Solera, the main continent of Highstreet World.
The Metaverse is off to a good start, as the team behind it continuously develops user elements for meta-living. Thus, anyone from anywhere can become part of a diverse and creative Metaverse community. And with Animoca Brands backing this endeavor, things can only get better.
“We are committed to a Metaverse that is open and interoperable,” said Yat Siu, Animoca Brands’ chairman and co-founder. “Highstreet is an exciting investment for us because it brings together brands from both the Web3 and traditional online worlds, allowing assets to flow between them. We look forward to making the Animoca Archipelago in Highstreet World a virtual destination where our many different communities and many others can come together in one place.”
Getting to Know the Animoca Archipelago
The Animoca Archipelago is something new that will be unveiled alongside the IHO. As mentioned earlier, it is a region in the Highstreet World that features a network of islands representing a brand or game under the umbrella of Animoca Brands. Hence, some islands would be related to REVV Motorsport, LayerZero, ApeCoin, PSG Talon, and more.
The Archipelago will be deeply entrenched with games from the Animoca Brands ecosystem and an e-sports league. Hence, players will have a fantastic new way of connecting with a vast gamer community.
“Animoca Archipelago is a place where many universes shaped by games, brands, and IP coexist in harmony,” said Travis Wu, CEO of Highstreet World Metaverse. “Models and assets from other projects will function within this enormous space, where users can interact with each other in novel ways.”
Between the two brands’ collaboration, users are assured of a vast Metaverse experience that would serve to make Highstreet World better. Gamer adoption and participation would grow with features added in collaboration with Animoca Brands’ portfolio companies.
When Will the IHO Become Available?
Whitelisting for the IHO will begin this August. As soon as the IHO goes live, minting will start on Highstreet’s marketplace. Highstreet hasn’t yet provided details on how to participate in the sale, but as per its announcement, updates will be given through its official social media channels.
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