Bank and Shop

If you want to buy items in High Fidelity, head on over to the Marketplace, where you can purchase more than 300 items built by digital artists and creators from around this world. High Fidelity uses their own cryptocurrency, High Fidelity Coin (HFC) to manage your transactions.

Buy High Fidelity Coin

Currently, you can buy High Fidelity Coins (HFC) using Ethereum, a blockchain app that trades ETH (Ether). The Bank of High Fidelity manages HFC and we gradually increase the number of coins in circulation as the economy grows. 100 HFC is equal to 1 USD.

To get HFC:

  1. Book an appointment at the Bank of High Fidelity.
  2. At the time of your appointment, visit the TradingRoom domain.
  3. We will provide you with a QR code that you can use to send ETH to the Bank of High Fidelity.
  4. Once we receive the ETH amount you sent, we will send you the appropriate amount of HFC to your account based on the current exchange rate. This can take up to one business day.

You can also receive HFC from gifts from your friends or as prizes at events in High Fidelity.

Cash Out Your HFC

As you acquire more HFC through Marketplace sales, prizes, or gifts, you may cash out your HFC for USD. The minimum amount of HFC that you cash out is $25 (or 2,500 HFC), and the maximum cashout value is $2000 (or 200,000 HFC) per calendar month. High Fidelity may, at its discretion, issue the occasional exception to the maximum cashout amount.

To cash out HFC:

  1. Book an appointment at the Bank of High Fidelity.
  2. At the time of your appointment, visit the TradingRoom domain to meet with the banker.

The transaction will go through PayPal. USD will be paid to the email account specified via the appointment booking form. Time to payment receipt will be based on PayPal rules and guidelines.

Shop the Marketplace

The Marketplace contains all types of items to enrich your VR experience, including avatars, buildings, apps, wearables, toys and so much more. Each item will have a cost associated with it - some items are free, while others can be purchased.

Browse our items in the Marketplace either on our website or by using the Market app.

To buy an item:

  1. In Interface, pull up your tablet or HUD and go to Market.
  2. Browse to the item you want to buy.
  3. Click on the item and then click the price to purchase the item.
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You can locate all items that you purchase in the Inventory app.

Marketplace Items

All Marketplace items are certified, and when you purchase it, you receive a a certificate that documents its chain of ownership on the Marketplace. This certificate includes the terms of use, including the number of times you can rez or use the item you purchased.

In general:

  • Purchased avatars can be worn only by the buyer.
  • Purchased wearables can be worn by any avatar in the buyer’s account.
  • Purchased apps, scripts, and tools can only be used by the buyer.
  • Purchased models, environments, and skyboxes can only be rezzed in a single domain by the buyer.
  • Certain models can be rezzed unlimited times in one domain. If previous copies don’t disappear after rezzing a second item, then you’re welcome to rez as many copies as you want.
  • All other models can only be rezzed once per purchased item. If you would like to rez more than one of these items, then you will need to purchase multiple copies.

The item’s certificate will always give you more information about the item you purchased. To view an item’s certificate:

  1. In Interface, pull up your tablet or HUD and go to Inventory.
  2. On the Items tab, select your purchased item.
  3. Click on the item’s hamburger menu.
  4. Click ‘View Certificate’.

The Inventory App

The Inventory app provides an interface to manage your transactions, purchases, and HFC. From the Inventory app, you can:

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See Also