Price
$0.0019
11/29/2022, 11:54:50 PM
diamondHands

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Kollect can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

-

Volume (24h)

$98,199.57

Circulating supply

-

All time high

$1.90

Price change (1h)

+0.19%

Price change (24h)

-0.32%

Price change (7d)

-9.56%

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Kollect is on the decline this week.

The price of Kollect has fallen by 9.56% in the past 7 days. The price declined by 0.32% in the last 24 hours. In just the past hour, the price grew by 0.19%. The current price is $0.001856 per KOL. Kollect is 99.90% below the all time high of $1.90.

The current circulating supply is 0 KOL.

About

What Is Kollect (KOH)?

Kollect is a blockchain-based gaming platform for card collection games. The whitepaper suggests that the platform empowers an NFT economy through collectible gamification and play-to-earn games. This blockchain-based platform seeks to enable players to earn when they accumulate specific card collections.

Also, the card collectibles market is very lucrative as collectors don't shy away from spending significant funds on various cards and intellectual properties (IP). However, the current market lacks efficiency due to time and information management. Besides this, the market relies heavily on manual verification of each card subjected to trade and consumes a lot of time processing the transaction to the original card owner. Kollect seeks to solve the inefficiency of the existing collectible market through NFTs and blockchain. Through the help of this network, users can get digital ownership through NFT for each IP. Also, card collectors don't have to be afraid of digital fraud as NFT aims to ensure rarity for every digital asset. These NFT-enabled digital cards can also be seen as a tradeable asset.

The Kollect ecosystem compromises collectors, DeFi users, and gamers. This protocol is designed so that each user can get benefits out of the ecosystem. This network claims that their protocol has six components which are as follow:

  • Kollect.market: This is the primary marketplace where users can collect new currency’s NFTs. These NFTs are trading cards issued in Kollect.pack containing ten cards.

  • Kollect.cards: Users get this by purchasing NFTs of this currency from Kollect.market.

  • Kollect.book: This is responsible for collecting and gamification of the asset. Also, users can merge Kollect.book with a crypto token incentive design to attract users to stake their NFTs.

  • Kollect.game: This works as a game launcher for play-to-earn games. These games are about different IPs that Kollect.market publishes.

  • Kollect.trade: Through this exchange platform, users can trade, collect, and create Kollect NFTs.

  • Kollect.DAO: This is responsible for the asset’s governance mechanism. DAO is the acronym for decentralized autonomous organization and is responsible for automating decisions and helps in cryptocurrency transactions in the blockchain.

Further, KOL is the native token of the Kollect ecosystem. Users of the platform can use these tokens to purchase opening packs and synthesize these cards. KOL holders get governance rights for governance matters like IP collaboration and collection book themes.

History of Kollect (KOH)

The founding team members include Vincenzo Lee, Harry Lim, Ethan Chae, and Joy Choi. The platform was launched in the third quarter of 2021.

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FAQ

What is the current price of Kollect?

The price of 1 Kollect currently costs $0.0019.

What is the market cap of Kollect?

The current market cap of Kollect is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kollect?

The all-time high of Kollect is $1.90. This all-time high is highest price paid for Kollect since it was launched.

What is the 24 hour trading volume of Kollect?

Over the last 24 hours, the trading volume of Kollect is $98.20K.

What other assets are similar to Kollect?

Assets that have a similar market cap to Kollect include Blockmason Link, SaucerSwap, CORN, and many others. To see a full list, see our comparable market cap assets.

How many Kollect are there?

The current circulating supply of Kollect is 0.