HiSAND33 is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by 3X3 Sandbox lands. One HiSAND33 token represents 1/1,000,000 ownership of a bundle of 3X3 Sandbox lands in the Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem a bundle of 3X3 Sandbox lands NFTs from HiSAND33 tokens with only a 0.6% redemption fee.
## How Many hiSAND33 Coins Are There in Circulation?
The total supply of HiSAND33 tokens is dependent on the number of 3X3 Sandbox lands NFTs in the meta-swap pool. There is no hard cap for hiSAND33. For every bundle of 3X3 Sandbox lands NFT in the pool, there are 1,000,000 HiSAND33 tokens in circulation.
## How Is the hiSAND33 Network Secured?
hiSAND33 is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.
### Where Can I Buy hiSAND33?
hiSAND33 tokens is available on numerous platforms. These include decentralized exchanges and centralized cryptocurrency exchanges:
[Uniswap] (https://coinmarketcap.com/exchanges/uniswap-v2/)
[KuCoin] (https://coinmarketcap.com/exchanges/kucoin/)