## What Is hiSQUIGGLE?

hiSQUIGGLE is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Chromie Squiggle NFTs (Non-Fungible Tokens). One hiSQUIGGLE token represents 1/1,000,000 Chromie Squiggle in an on-chain Chromie Squiggle 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 Chromie Squiggle NFTs from hiSQUIGGLE tokens with only a 0.6% redemption fee.

## How Many hiSQUIGGLE Coins Are There in Circulation?

The total supply of hiSQUIGGLE tokens is dependent on the number of Chromie Squiggle NFTs in the meta-swap pool. There is no hard cap for hiSQUIGGLE. For every Chromie Squiggle NFT in the pool, there are 1,000,000 hiSQUIGGLE tokens in circulation. 

## How Is the hiSQUIGGLE Network Secured?

hiSQUIGGLE is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.

### Where Can I Buy hiSQUIGGLE?
hiSQUIGGLE tokens are 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/)

hiSQUIGGLE

Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

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