Convert Collaterize COLLAT to Solomon Islands Dollar SBD

COLLAT to SBD: 1 Collaterize converts to SBD 0.00574 SBD as of August 26 at 5:35 PM

SBD
Sign up

Buy Collaterize with Coinbase Wallet

Create a Coinbase account to buy and sell Collaterize on the most trusted crypto exchange. Learn more

About Collaterize

Collaterize is falling this week. The current price of Collaterize is SBD 0.00574 per COLLAT. With a circulating supply of 999,901,863.03 COLLAT, it means that Collaterize has a total market cap of SBD 5,739,453.63. The amount of Collaterize traded has fallen by -SBD 78,772.70 in the last 24 hours, which is a 6.28% decrease. Additionally, in the last day, SBD 1,254,212.59 worth of COLLAT has been traded.

The exchange rate of Collaterize is decreasing. The current value of 1 COLLAT is SBD 0.00574 SBD. In other words, to buy 5 Collaterize, it would cost you SBD 0.028701 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 174.21 COLLAT while SBD 50.00 SBD would convert to 8,710.51 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 7.85%. Meanwhile, in the last 24 hours, the rate has changed by 6.2%, which means that the highest exchange rate of 1 COLLAT to SBD was SBD 0.006229 SBD and the lowest 24 hour value was 1 COLLAT for SBD 0.005693 SBD. Last month, 1 COLLAT was worth SBD 0.006804 SBD. Today, it's down 14.97%. Looking back a year, Collaterize has changed by SBD 0.1452 SBD. That means that in a single year, the value of Collaterize has shrank by 95.95%.

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.

SBD 0.00574Price
SBD 5.74MMarket cap
SBD 1.25MVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

COLLAT to SBD values from Today at 5:35 pm

0.5 COLLAT = SBD 0.00287 SBD
1 COLLAT = SBD 0.00574 SBD
5 COLLAT = SBD 0.0287 SBD
10 COLLAT = SBD 0.0574 SBD
50 COLLAT = SBD 0.287 SBD
100 COLLAT = SBD 0.574 SBD
500 COLLAT = SBD 2.87 SBD
1,000 COLLAT = SBD 5.74 SBD

SBD to COLLAT values from Today at 5:35 pm

SBD 0.50 SBD = 87.11 COLLAT
SBD 1.00 SBD = 174.21 COLLAT
SBD 5.00 SBD = 871.05 COLLAT
SBD 10.00 SBD = 1,742.10 COLLAT
SBD 50.00 SBD = 8,710.51 COLLAT
SBD 100.00 SBD = 17,421.03 COLLAT
SBD 500.00 SBD = 87,105.14 COLLAT
SBD 1,000.00 SBD = 174,210.27 COLLAT

COLLAT to SBD over time

COLLAT
Today
24H
68.59%
1M
65.08%
1Y
-645.08%
0.5 COLLAT
SBD 0.00287 SBD
SBD 0.00306 SBD
SBD 0.003402 SBD
SBD 0.07258 SBD
1 COLLAT
SBD 0.00574 SBD
SBD 0.00612 SBD
SBD 0.006804 SBD
SBD 0.1452 SBD
5 COLLAT
SBD 0.0287 SBD
SBD 0.0306 SBD
SBD 0.03402 SBD
SBD 0.7258 SBD
10 COLLAT
SBD 0.0574 SBD
SBD 0.0612 SBD
SBD 0.06804 SBD
SBD 1.45 SBD
50 COLLAT
SBD 0.287 SBD
SBD 0.306 SBD
SBD 0.3402 SBD
SBD 7.26 SBD
100 COLLAT
SBD 0.574 SBD
SBD 0.612 SBD
SBD 0.6804 SBD
SBD 14.52 SBD
500 COLLAT
SBD 2.87 SBD
SBD 3.06 SBD
SBD 3.40 SBD
SBD 72.58 SBD
1,000 COLLAT
SBD 5.74 SBD
SBD 6.12 SBD
SBD 6.80 SBD
SBD 145.15 SBD

Buy Collaterize with Coinbase Wallet

Create a Coinbase account to buy and sell Collaterize on the most secure crypto exchange.

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.