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Convert Collaterize COLLAT to Nigerian Naira NGN

COLLAT to NGN: 1 Collaterize converts to NGN 34.07 NGN as of June 17 at 3:47 PM

NGN

About Collaterize

Collaterize is falling this week. The current price of Collaterize is NGN 34.07 per COLLAT. With a circulating supply of 999,927,148.52 COLLAT, it means that Collaterize has a total market cap of NGN 33,996,261,315.19. The amount of Collaterize traded has fallen by -NGN 144,830,519.28 in the last 24 hours, which is a 2.98% decrease. Additionally, in the last day, NGN 4,853,499,133.99 worth of COLLAT has been traded.

The exchange rate of Collaterize is decreasing. The current value of 1 COLLAT is NGN 34.07 NGN. In other words, to buy 5 Collaterize, it would cost you NGN 170.35 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.0294 COLLAT while NGN 50.00 NGN would convert to 1.47 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 33.55%. Meanwhile, in the last 24 hours, the rate has changed by 12.11%, and that the highest exchange rate of 1 COLLAT to NGN was NGN 41.75 NGN and the lowest 24 hour value was 1 COLLAT for NGN 33.06 NGN. Last month, 1 COLLAT was worth NGN 31.06 NGN. Today, it's up 13.9%. Looking back a year, Collaterize has changed by NGN 5.91 NGN. That means that in a single year, the value of Collaterize has grown by 453.91%.

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 34.07Current price
NGN 34.00BMarket cap
NGN 4.85BVolume (24h)
999.9M COLLATCir. Supply

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Conversion tables

COLLAT to NGN values from Today at 3:47 pm

0.5 COLLAT = NGN 17.03 NGN
1 COLLAT = NGN 34.07 NGN
5 COLLAT = NGN 170.35 NGN
10 COLLAT = NGN 340.69 NGN
50 COLLAT = NGN 1,703.47 NGN
100 COLLAT = NGN 3,406.94 NGN
500 COLLAT = NGN 17,034.72 NGN
1,000 COLLAT = NGN 34,069.43 NGN

NGN to COLLAT values from Today at 3:48 pm

NGN 0.50 NGN = 0.0147 COLLAT
NGN 1.00 NGN = 0.0294 COLLAT
NGN 5.00 NGN = 0.15 COLLAT
NGN 10.00 NGN = 0.29 COLLAT
NGN 50.00 NGN = 1.47 COLLAT
NGN 100.00 NGN = 2.94 COLLAT
NGN 500.00 NGN = 14.68 COLLAT
NGN 1,000.00 NGN = 29.35 COLLAT

COLLAT to NGN over time

COLLAT
Today
24H
-13.45%
1M
8.84%
1Y
82.65%
0.5 COLLAT
NGN 17.03 NGN
NGN 19.33 NGN
NGN 15.53 NGN
NGN 2.96 NGN
1 COLLAT
NGN 34.07 NGN
NGN 38.65 NGN
NGN 31.06 NGN
NGN 5.91 NGN
5 COLLAT
NGN 170.35 NGN
NGN 193.25 NGN
NGN 155.29 NGN
NGN 29.56 NGN
10 COLLAT
NGN 340.69 NGN
NGN 386.51 NGN
NGN 310.58 NGN
NGN 59.12 NGN
50 COLLAT
NGN 1,703.47 NGN
NGN 1,932.53 NGN
NGN 1,552.91 NGN
NGN 295.58 NGN
100 COLLAT
NGN 3,406.94 NGN
NGN 3,865.06 NGN
NGN 3,105.82 NGN
NGN 591.15 NGN
500 COLLAT
NGN 17,034.72 NGN
NGN 19,325.29 NGN
NGN 15,529.08 NGN
NGN 2,955.77 NGN
1,000 COLLAT
NGN 34,069.43 NGN
NGN 38,650.59 NGN
NGN 31,058.16 NGN
NGN 5,911.54 NGN

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Frequently asked questions

How much is 1 Collaterize in NGN?

Right now, 1 Collaterize is worth about NGN 34.07.

How much COLLAT could I buy for 1 NGN?

Based on the current rate, you could get 0.0294 COLLAT for 1 NGN.

How much has the price of Collaterize changed?

Collaterize price has been declining. Since yesterday, the exchange rate of Collaterize has decreased. 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 0.15 COLLAT. Inversely, 5 COLLAT will cost about NGN 170.35

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 Bucket Protocol BUCK Stablecoin, Solana Social Explorer, and Eigenpie. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

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