Convert Collaterize COLLAT to Chinese Renminbi Yuan CNY
COLLAT to CNY: 1 Collaterize converts to CN¥0.004793 CNY as of October 28 at 9:38 PM
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About Collaterize
Collaterize is climbing this week. The current price of Collaterize is CN¥0.004793 per COLLAT. With a circulating supply of 999,898,504.036 COLLAT, it means that Collaterize has a total market cap of CN¥4,729,669.33. The amount of Collaterize traded has risen by CN¥151,252.61 in the last 24 hours, which is a 32.67% increase. Additionally, in the last day, CN¥462,902.43 worth of COLLAT has been traded.
The exchange rate of Collaterize is increasing. The current value of 1 COLLAT is CN¥0.004793 CNY. In other words, to buy 5 Collaterize, it would cost you CN¥0.023966 CNY. Inversely, CN¥1.00 CNY would allow you to trade for 208.62 COLLAT while CN¥50.00 CNY would convert to 10,431.23 COLLAT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.68%. Meanwhile, in the last 24 hours, the rate has changed by 2.97%, and that the highest exchange rate of 1 COLLAT to CNY was CN¥0.004795 CNY and the lowest 24 hour value was 1 COLLAT for CN¥0.004594 CNY. Last month, 1 COLLAT was worth CN¥0.007851 CNY. Today, it's down 39.35%. Looking back a year, Collaterize has changed by CN¥0.005767 CNY. That means that in a single year, the value of Collaterize has shrank by 92.99%.
Collaterize Market Stats
What Is Collaterize ($COLLAT)? Collaterize is a platform focused on the tokenization of real-world assets (RWA) that integrates three primary components: a mobile application, a custom Layer 1 (L1) solution, and a Solana-based token. The project aims to provide an accessible, secure, and efficient method for converting tangible assets into digital tokens while democratizing tokenization and creating an inclusive financial ecosystem accessible even to users without prior blockchain knowledge. Platform Components and Functionality Collaterize App: The Collaterize mobile application serves as the primary interface for users. It allows asset owners to initiate the tokenization process, manage their digital assets, and track transactions in real time. The app is designed with usability in mind, ensuring that both individuals and institutions can navigate the tokenization process with ease, regardless of their technical background. Collaterize L1: In addition to the mobile application, Collaterize has developed its own Layer 1 solution. This custom-built L1 is specifically engineered to handle the requirements of asset tokenization, including secure recording and verification of asset data. By isolating the tokenization process from other blockchain operations, the L1 improves overall efficiency and security. It is an integral part of the platform, ensuring that tokenized assets are managed in a controlled environment. Solana Token ($COLLAT): The token $COLLAT is deployed on the Solana blockchain. Solana was chosen for its low transaction fees and high-speed processing capabilities. The $COLLAT token is an essential element of the platform, linking the mobile app and the L1 solution through cross-chain mechanics. User Benefits This cross-chain approach provides users with several distinct benefits: Early Access to RWA Presales: Holders of $COLLAT gain early access to presale events for tokenized real-world assets. This benefit provides the opportunity to participate in asset tokenization before it becomes widely available. Lower Transaction Fees on RWA Services: Users interacting with the Collaterize platform benefit from reduced fees when dealing with tokenized assets. This cost efficiency is designed to encourage greater user engagement and broader adoption of the platform. Boosted RWA APY: The platform offers enhanced annual percentage yields (APY) for investments in tokenized assets. This incentive is structured to reward active participation within the ecosystem. Governance and Community Involvement Collaterize emphasizes a community-driven approach. The platform provides a governance framework in which $COLLAT token holders can vote on proposals that affect future platform developments and protocol upgrades. This governance structure is intended to ensure that the direction of the project reflects the interests of its community. Project Overview Launched by a team based in France, Collaterize combines traditional asset management with modern blockchain technology. The project aims to bridge the gap between physical assets and digital finance by providing a structured, transparent, and secure process for asset tokenization. At its core, Collaterize seeks to democratize tokenization and build an inclusive financial system that is accessible to everyone, regardless of their expertise in blockchain technology.
Conversion tables
COLLAT to CNY values from Today at 9:38 pm
0.5 COLLAT = CN¥0.002397 CNY |
1 COLLAT = CN¥0.004793 CNY |
5 COLLAT = CN¥0.02397 CNY |
10 COLLAT = CN¥0.04793 CNY |
50 COLLAT = CN¥0.2397 CNY |
100 COLLAT = CN¥0.4793 CNY |
500 COLLAT = CN¥2.40 CNY |
1,000 COLLAT = CN¥4.79 CNY |
CNY to COLLAT values from Today at 11:48 pm
CN¥0.50 CNY = 104.31 COLLAT |
CN¥1.00 CNY = 208.62 COLLAT |
CN¥5.00 CNY = 1,043.12 COLLAT |
CN¥10.00 CNY = 2,086.25 COLLAT |
CN¥50.00 CNY = 10,431.23 COLLAT |
CN¥100.00 CNY = 20,862.46 COLLAT |
CN¥500.00 CNY = 104,312.30 COLLAT |
CN¥1,000.00 CNY = 208,624.60 COLLAT |
COLLAT to CNY over time
COLLAT | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 COLLAT | CN¥0.002397 CNY | CN¥0.002313 CNY | CN¥0.003926 CNY | CN¥0.002883 CNY |
1 COLLAT | CN¥0.004793 CNY | CN¥0.004627 CNY | CN¥0.007851 CNY | CN¥0.005767 CNY |
5 COLLAT | CN¥0.02397 CNY | CN¥0.02313 CNY | CN¥0.03926 CNY | CN¥0.02883 CNY |
10 COLLAT | CN¥0.04793 CNY | CN¥0.04627 CNY | CN¥0.07851 CNY | CN¥0.05767 CNY |
50 COLLAT | CN¥0.2397 CNY | CN¥0.2313 CNY | CN¥0.3926 CNY | CN¥0.2883 CNY |
100 COLLAT | CN¥0.4793 CNY | CN¥0.4627 CNY | CN¥0.7851 CNY | CN¥0.5767 CNY |
500 COLLAT | CN¥2.40 CNY | CN¥2.31 CNY | CN¥3.93 CNY | CN¥2.88 CNY |
1,000 COLLAT | CN¥4.79 CNY | CN¥4.63 CNY | CN¥7.85 CNY | CN¥5.77 CNY |
Frequently asked questions
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