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Convert Collaterize COLLAT to Nigerian Naira NGN

COLLAT to NGN: 1 Collaterize converts to NGN 40.83 NGN as of June 16 at 5:53 AM

NGN

About Collaterize

Collaterize is climbing this week. The current price of Collaterize is NGN 40.83 per COLLAT. With a circulating supply of 999,927,149.024 COLLAT, it means that Collaterize has a total market cap of NGN 40,915,026,316.65. The amount of Collaterize traded has risen by NGN 1,506,268,015.92 in the last 24 hours, which is a 30.48% increase. Additionally, in the last day, NGN 4,941,478,152.96 worth of COLLAT has been traded.

The exchange rate of Collaterize is increasing. The current value of 1 COLLAT is NGN 40.83 NGN. In other words, to buy 5 Collaterize, it would cost you NGN 204.17 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.0245 COLLAT while NGN 50.00 NGN would convert to 1.22 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 13.28%. Meanwhile, in the last 24 hours, the rate has changed by 12.26%, and that the highest exchange rate of 1 COLLAT to NGN was NGN 43.44 NGN and the lowest 24 hour value was 1 COLLAT for NGN 35.23 NGN. Last month, 1 COLLAT was worth NGN 31.82 NGN. Today, it's up 33.28%. Looking back a year, Collaterize has changed by NGN 5.94 NGN. That means that in a single year, the value of Collaterize has grown by 564.33%.

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.

NGN 40.83Current price
NGN 40.92BMarket cap
NGN 4.94BVolume (24h)
999.9M COLLATCir. Supply

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Conversion tables

COLLAT to NGN values from Today at 5:53 am

0.5 COLLAT = NGN 20.42 NGN
1 COLLAT = NGN 40.83 NGN
5 COLLAT = NGN 204.17 NGN
10 COLLAT = NGN 408.34 NGN
50 COLLAT = NGN 2,041.72 NGN
100 COLLAT = NGN 4,083.44 NGN
500 COLLAT = NGN 20,417.18 NGN
1,000 COLLAT = NGN 40,834.35 NGN

NGN to COLLAT values from Today at 5:53 am

0.5 NGN = 0.0122 COLLAT
1 NGN = 0.0245 COLLAT
5 NGN = 0.12 COLLAT
10 NGN = 0.24 COLLAT
50 NGN = 1.22 COLLAT
100 NGN = 2.45 COLLAT
500 NGN = 12.24 COLLAT
1,000 NGN = 24.49 COLLAT

COLLAT to NGN over time

COLLAT
Today
24H
10.91%
1M
22.09%
1Y
85.45%
0.5 COLLAT
NGN 20.42 NGN
NGN 18.19 NGN
NGN 15.91 NGN
NGN 2.97 NGN
1 COLLAT
NGN 40.83 NGN
NGN 36.38 NGN
NGN 31.82 NGN
NGN 5.94 NGN
5 COLLAT
NGN 204.17 NGN
NGN 181.90 NGN
NGN 159.08 NGN
NGN 29.70 NGN
10 COLLAT
NGN 408.34 NGN
NGN 363.80 NGN
NGN 318.15 NGN
NGN 59.40 NGN
50 COLLAT
NGN 2,041.72 NGN
NGN 1,819.01 NGN
NGN 1,590.77 NGN
NGN 296.98 NGN
100 COLLAT
NGN 4,083.44 NGN
NGN 3,638.03 NGN
NGN 3,181.55 NGN
NGN 593.96 NGN
500 COLLAT
NGN 20,417.18 NGN
NGN 18,190.13 NGN
NGN 15,907.73 NGN
NGN 2,969.78 NGN
1,000 COLLAT
NGN 40,834.35 NGN
NGN 36,380.27 NGN
NGN 31,815.46 NGN
NGN 5,939.56 NGN

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Frequently asked questions

How much is 1 Collaterize in NGN?

Right now, 1 Collaterize is worth about NGN 40.83.

How much COLLAT could I buy for 1 NGN?

Based on the current rate, you could get 0.0245 COLLAT for 1 NGN.

How much has the price of Collaterize changed?

Collaterize price has been on the rise. Since yesterday, the exchange rate of Collaterize has increased. Since last month, the exchange rate of Collaterize has increased. Since this time last year, the price of Collaterize has increased.

How do I calculate or convert COLLAT to NGN?

You can use our COLLAT to NGN calculator at the top of this page to convert any amount of COLLAT to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.12 COLLAT. Inversely, 5 COLLAT will cost about NGN 204.17

How can I buy 1 Collaterize on Coinbase?

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

What are assets similar to Collaterize that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Collaterize, including ONFA, Arcadeum, and Maya Preferred PRA. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

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