Convert Collaterize COLLAT to Bulgarian Lev BGN

COLLAT to BGN: 1 Collaterize converts to BGN 0.001704 BGN as of July 11 at 9:22 PM

BGN
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About Collaterize

Collaterize is falling this week. The current price of Collaterize is BGN 0.001704 per COLLAT. With a circulating supply of 999,906,347.927 COLLAT, it means that Collaterize has a total market cap of BGN 1,696,904.73. The amount of Collaterize traded has risen by BGN 39,082.81 in the last 24 hours, which is a 7.35% increase. Additionally, in the last day, BGN 531,572.19 worth of COLLAT has been traded.

The exchange rate of Collaterize is decreasing. The current value of 1 COLLAT is BGN 0.001704 BGN. In other words, to buy 5 Collaterize, it would cost you BGN 0.008518 BGN. Inversely, BGN 1.00 BGN would allow you to trade for 586.98 COLLAT while BGN 50.00 BGN would convert to 29,348.89 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 23.33%. Meanwhile, in the last 24 hours, the rate has changed by 3.8%, and that the highest exchange rate of 1 COLLAT to BGN was BGN 0.001762 BGN and the lowest 24 hour value was 1 COLLAT for BGN 0.001687 BGN. Last month, 1 COLLAT was worth BGN 0.00219 BGN. Today, it's down 23.86%. Looking back a year, Collaterize has changed by BGN 0.03105 BGN. That means that in a single year, the value of Collaterize has shrank by 94.68%.

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.

BGN 0.001704Price
BGN 1.7MMarket cap
BGN 531.57KVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

COLLAT to BGN values from Today at 9:22 pm

0.5 COLLAT = BGN 0.0008518 BGN
1 COLLAT = BGN 0.001704 BGN
5 COLLAT = BGN 0.008518 BGN
10 COLLAT = BGN 0.01704 BGN
50 COLLAT = BGN 0.08518 BGN
100 COLLAT = BGN 0.1704 BGN
500 COLLAT = BGN 0.8518 BGN
1,000 COLLAT = BGN 1.70 BGN

BGN to COLLAT values from Today at 9:23 pm

BGN 0.50 BGN = 293.49 COLLAT
BGN 1.00 BGN = 586.98 COLLAT
BGN 5.00 BGN = 2,934.89 COLLAT
BGN 10.00 BGN = 5,869.78 COLLAT
BGN 50.00 BGN = 29,348.89 COLLAT
BGN 100.00 BGN = 58,697.77 COLLAT
BGN 500.00 BGN = 293,488.85 COLLAT
BGN 1,000.00 BGN = 586,977.70 COLLAT

COLLAT to BGN over time

COLLAT
Today
24H
99.98%
1M
99.98%
1Y
99.65%
0.5 COLLAT
BGN 0.0008518 BGN
BGN 0.0008809 BGN
BGN 0.001095 BGN
BGN 0.01552 BGN
1 COLLAT
BGN 0.001704 BGN
BGN 0.001762 BGN
BGN 0.00219 BGN
BGN 0.03105 BGN
5 COLLAT
BGN 0.008518 BGN
BGN 0.008809 BGN
BGN 0.01095 BGN
BGN 0.1552 BGN
10 COLLAT
BGN 0.01704 BGN
BGN 0.01762 BGN
BGN 0.0219 BGN
BGN 0.3105 BGN
50 COLLAT
BGN 0.08518 BGN
BGN 0.08809 BGN
BGN 0.1095 BGN
BGN 1.55 BGN
100 COLLAT
BGN 0.1704 BGN
BGN 0.1762 BGN
BGN 0.219 BGN
BGN 3.10 BGN
500 COLLAT
BGN 0.8518 BGN
BGN 0.8809 BGN
BGN 1.10 BGN
BGN 15.52 BGN
1,000 COLLAT
BGN 1.70 BGN
BGN 1.76 BGN
BGN 2.19 BGN
BGN 31.05 BGN

Frequently asked questions

Right now, 1 Collaterize is worth about BGN 0.001704.

Based on the current rate, you could get 586.98 COLLAT for 1 BGN.

Collaterize price has been declining. Since yesterday, the exchange rate of Collaterize has decreased. Since last month, the exchange rate of Collaterize has decreased. Since this time last year, the price of Collaterize has decreased.

You can use our COLLAT to BGN calculator at the top of this page to convert any amount of COLLAT to BGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BGN is equivalent to 2,934.89 COLLAT. Inversely, 5 COLLAT will cost about BGN 0.008518

Collaterize can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Collaterize.

There are a number of crypto assets that have the a similar or comparable market cap to Collaterize, including MetaDAO, CAW(A Hunters Dream), and Emblem Vault. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

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