Convert Collaterize COLLAT to Bulgarian Lev BGN

COLLAT to BGN: 1 Collaterize converts to BGN 0.001221 BGN as of October 19 at 9:27 AM

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About Collaterize

Collaterize is climbing this week. The current price of Collaterize is BGN 0.001221 per COLLAT. With a circulating supply of 999,898,780.913 COLLAT, it means that Collaterize has a total market cap of BGN 1,220,495.47. The amount of Collaterize traded has fallen by -BGN 32,485.74 in the last 24 hours, which is a 28.12% decrease. Additionally, in the last day, BGN 115,532.75 worth of COLLAT has been traded.

The exchange rate of Collaterize is increasing. The current value of 1 COLLAT is BGN 0.001221 BGN. In other words, to buy 5 Collaterize, it would cost you BGN 0.006103 BGN. Inversely, BGN 1.00 BGN would allow you to trade for 819.34 COLLAT while BGN 50.00 BGN would convert to 40,966.81 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 7.83%. Meanwhile, in the last 24 hours, the rate has changed by 2.27%, and that the highest exchange rate of 1 COLLAT to BGN was BGN 0.001239 BGN and the lowest 24 hour value was 1 COLLAT for BGN 0.00113 BGN. Last month, 1 COLLAT was worth BGN 0.001362 BGN. Today, it's down 12.57%. Looking back a year, Collaterize has changed by BGN 0.01209 BGN. That means that in a single year, the value of Collaterize has shrank by 90.27%.

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 0.001221Price
BGN 1.22MMarket cap
BGN 115.53KVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

COLLAT to BGN values from Today at 9:27 am

0.5 COLLAT = BGN 0.0006103 BGN
1 COLLAT = BGN 0.001221 BGN
5 COLLAT = BGN 0.006103 BGN
10 COLLAT = BGN 0.01221 BGN
50 COLLAT = BGN 0.06103 BGN
100 COLLAT = BGN 0.1221 BGN
500 COLLAT = BGN 0.6103 BGN
1,000 COLLAT = BGN 1.22 BGN

BGN to COLLAT values from Today at 9:28 am

BGN 0.50 BGN = 409.67 COLLAT
BGN 1.00 BGN = 819.34 COLLAT
BGN 5.00 BGN = 4,096.68 COLLAT
BGN 10.00 BGN = 8,193.36 COLLAT
BGN 50.00 BGN = 40,966.81 COLLAT
BGN 100.00 BGN = 81,933.62 COLLAT
BGN 500.00 BGN = 409,668.10 COLLAT
BGN 1,000.00 BGN = 819,336.21 COLLAT

COLLAT to BGN over time

COLLAT
Today
24H
99.99%
1M
99.99%
1Y
99.90%
0.5 COLLAT
BGN 0.0006103 BGN
BGN 0.0005952 BGN
BGN 0.0006812 BGN
BGN 0.006045 BGN
1 COLLAT
BGN 0.001221 BGN
BGN 0.00119 BGN
BGN 0.001362 BGN
BGN 0.01209 BGN
5 COLLAT
BGN 0.006103 BGN
BGN 0.005952 BGN
BGN 0.006812 BGN
BGN 0.06045 BGN
10 COLLAT
BGN 0.01221 BGN
BGN 0.0119 BGN
BGN 0.01362 BGN
BGN 0.1209 BGN
50 COLLAT
BGN 0.06103 BGN
BGN 0.05952 BGN
BGN 0.06812 BGN
BGN 0.6045 BGN
100 COLLAT
BGN 0.1221 BGN
BGN 0.119 BGN
BGN 0.1362 BGN
BGN 1.21 BGN
500 COLLAT
BGN 0.6103 BGN
BGN 0.5952 BGN
BGN 0.6812 BGN
BGN 6.04 BGN
1,000 COLLAT
BGN 1.22 BGN
BGN 1.19 BGN
BGN 1.36 BGN
BGN 12.09 BGN

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