Introducing Collaterize's RWA Tokenization Launchpad on the Solana network
Get ready to dive into the world of digital assets! Collaterize, a game-changer, has blasted off with its Real-World Asset (RWA) launchpad on the mighty Solana network. Now, anyone can take tangibles like real estate, private equity, or collectibles and transform them into tradeable on-chain tokens, all in the blink of an eye.
To join the action, creators must have a hefty stash of 100,000 COLLAT tokens at the ready, and complete the Know Your Customer (KYC) and Know Your Business (KYB) procedures. All while submitting the nitty-gritty details about their asset for thorough due diligence.
Upon launching a token, the platform pull-starts fundraising like a well-oiled machine, raking in a whopping 120% of the creator's set goal. A hundred percent of the earnings are invested directly into the asset or project, while 15% is saved for binding liquidity, and a mere 5% is pocketed for covering platform fees. In doing so, the fundraising process is rock-solid and ensures there's sufficient liquidity to trade tokens without delay.
Creators no longer have to worry about managing the market or collateral once their token is live and kicking. Collaterize takes charge through an automated bonding curve. Investors can snap up any RWA token they fancy and sell it off whenever they desire, with a minor 1% fee charged in Solana (SOL). Once a token moves up the ranks and graduates, the 5% graduation fee is nabbed from the token's liquidity.
COLLAT price ramps up as breakout smashes entry barriers for eye-popping gains
The launchpad boosts Collaterize's native token's price, as creators must wield 100,000 COLLAT tokens to participate in launching a token. Not only that, but every time a token graduates to Meteora, a whopping 75% of the 5% graduation fee is used to snatch up COLLAT from the open market. These buybacks help squish the circulating supply and generate serious demand pressure, particularly as more tokens are launched and graduate.
At the present moment, COLLAT is being traded at $0.038, depicting a 15% plunge over the course of the past 24 hours. After a remarkable 350% jump in mid-May, the token has now retreated over 50% from its peak. The surge was ignited by a repost from Solana co-founder Anatoly Yakovenko, who shared Collaterize's launchpad demo on X on May 17. This single share sent COLLAT's price skyrocketing from around $0.20 to a high of $0.90 by May 20.
Pump.fun's announced token launch sends Solana memecoins into a tailspin
Collaterize isn't just about revolutionizing asset trading, it's all about efficiency, liquidity, and market expansion. By tokenizing assets on the lightning-fast Solana blockchain, it's making real-world assets more accessible, user-friendly, and profitable than ever before. Powered by dynamic bonding curves and slick liquidity markets, luxury items like baseball cards or real estate will soon be only a few clicks away.
Sources:
- Collaterize
- Collaterize - Solana Program Library
- Collaterize Launches NFT Marketplace for Real-world Assets on Solana
- Collaterize Partners with Meteora Finance
- Tokenizing Real-world Assets on Solana: Why Collaterize Might be the Next Big Thing
- Interested creators must acquire 100,000 COLLAT tokens and complete KYC/KYB procedures to launch assets on the Collaterize platform, which uses technology to tokenize real-world assets on the Solana network.
- The fundraising process on Collaterize is designed to be efficient, with the platform raising 120% of the creator's set goal, with 100% of the earnings invested directly into the asset or project, 15% saved for binding liquidity, and a 5% fee used to cover platform costs.
- Once a token is live, Collaterize automates market and collateral management, allowing investors to buy and sell RWA tokens with a 1% fee in Solana (SOL), and a 5% graduation fee is taken from the token's liquidity when it moves up the ranks.
- The price of COLLAT, Collaterize's native token, has been influenced by the launchpad, as creators require 100,000 COLLAT tokens to participate, and buybacks initiated by graduating token fees help squeeze the circulating supply and generate demand pressure. Recently, COLLAT has experienced a 15% drop, having risen over 350% in mid-May due to a repost from Solana co-founder Anatoly Yakovenko.
