Convert Collaterize COLLAT to Solomon Islands Dollar SBD

COLLAT to SBD: 1 Collaterize converts to SBD 0.00634 SBD as of August 23 at 11:40 PM

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About Collaterize

Collaterize is climbing this week. The current price of Collaterize is SBD 0.00634 per COLLAT. With a circulating supply of 999,901,897.42 COLLAT, it means that Collaterize has a total market cap of SBD 6,380,284.16. The amount of Collaterize traded has fallen by -SBD 219,221.16 in the last 24 hours, which is a 15.92% decrease. Additionally, in the last day, SBD 1,376,587.42 worth of COLLAT has been traded.

The exchange rate of Collaterize is increasing. The current value of 1 COLLAT is SBD 0.00634 SBD. In other words, to buy 5 Collaterize, it would cost you SBD 0.031699 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 157.73 COLLAT while SBD 50.00 SBD would convert to 7,886.64 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 23.98%. Meanwhile, in the last 24 hours, the rate has changed by 8.04%, which means that the highest exchange rate of 1 COLLAT to SBD was SBD 0.006396 SBD and the lowest 24 hour value was 1 COLLAT for SBD 0.005815 SBD. Last month, 1 COLLAT was worth SBD 0.006882 SBD. Today, it's down 7.03%. Looking back a year, Collaterize has changed by SBD 0.1556 SBD. That means that in a single year, the value of Collaterize has shrank by 95.82%.

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 0.00634Price
SBD 6.38MMarket cap
SBD 1.38MVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

COLLAT to SBD values from Today at 11:40 pm

0.5 COLLAT = SBD 0.00317 SBD
1 COLLAT = SBD 0.00634 SBD
5 COLLAT = SBD 0.0317 SBD
10 COLLAT = SBD 0.0634 SBD
50 COLLAT = SBD 0.317 SBD
100 COLLAT = SBD 0.634 SBD
500 COLLAT = SBD 3.17 SBD
1,000 COLLAT = SBD 6.34 SBD

SBD to COLLAT values from Today at 11:41 pm

SBD 0.50 SBD = 78.87 COLLAT
SBD 1.00 SBD = 157.73 COLLAT
SBD 5.00 SBD = 788.66 COLLAT
SBD 10.00 SBD = 1,577.33 COLLAT
SBD 50.00 SBD = 7,886.64 COLLAT
SBD 100.00 SBD = 15,773.29 COLLAT
SBD 500.00 SBD = 78,866.44 COLLAT
SBD 1,000.00 SBD = 157,732.87 COLLAT

COLLAT to SBD over time

COLLAT
Today
24H
72.93%
1M
68.37%
1Y
-615.33%
0.5 COLLAT
SBD 0.00317 SBD
SBD 0.002945 SBD
SBD 0.003441 SBD
SBD 0.07781 SBD
1 COLLAT
SBD 0.00634 SBD
SBD 0.005889 SBD
SBD 0.006882 SBD
SBD 0.1556 SBD
5 COLLAT
SBD 0.0317 SBD
SBD 0.02945 SBD
SBD 0.03441 SBD
SBD 0.7781 SBD
10 COLLAT
SBD 0.0634 SBD
SBD 0.05889 SBD
SBD 0.06882 SBD
SBD 1.56 SBD
50 COLLAT
SBD 0.317 SBD
SBD 0.2945 SBD
SBD 0.3441 SBD
SBD 7.78 SBD
100 COLLAT
SBD 0.634 SBD
SBD 0.5889 SBD
SBD 0.6882 SBD
SBD 15.56 SBD
500 COLLAT
SBD 3.17 SBD
SBD 2.94 SBD
SBD 3.44 SBD
SBD 77.81 SBD
1,000 COLLAT
SBD 6.34 SBD
SBD 5.89 SBD
SBD 6.88 SBD
SBD 155.63 SBD

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