SonarPlatform - Cut through the noise and focus on the data that is most important for your personal investing strategy

Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the subsequent development and launch of numerous other cryptocurrencies have changed the way people look at transacting across the world. Dependency on traditional banking systems is no longer the only option available to people.

Blockchain networks and cryptocurrencies are able to bypass conventional financial systems and allow people to transact directly, without having to go through a centralized institution. In an ideal, cryptographically secure world, users would transact peer-to-peer, but there are some barriers to entry for the uninitiated. Therefore, most of those new to crypto use exchanges as their entry points into the ecosystem as they convert their fiat currency into their cryptocurrency of choice. In 2021, users are spoiled by choices with the sheer number of cryptocurrency exchanges operating internationally.

Nevertheless, a handful of these exchanges are attempting to surge ahead of the pack and establish themselves as truly global enterprises. But what are the key challenges they face, and how have they gone about building their respective empires?

Sonar (https://www.sonarplatform.io/) is a Blockchain-based platform that provides users with a dynamic, all-in-one cryptocurrency analytics ecosystem to simplify and accelerate their investment projects. Thanks to Blockchian technology, Sonar can go further and be able to provide new tools to its users in terms of traceability, transparency, low-fees and security.

Sonar’s main goal is to be able to provide a new all-in-one platform capable of providing unique tools to its users to help investors (new and experienced) to make trading more enjoyable, easier and safer. Furthermore, Sonar aims to provide trading insights on the level of commercial risk as well as the probability of successful trades in order to attract a wider audience by giving them an advantage over other platforms.

Sonar Ecosystem
Sonar is based on the design of a new generation of software to optimise the cryptocurrency workflow. The idea is to provide in a single platform, all the functions that are used today in the world of cryptocurrencies, so you don’t have to spend all day looking at different sites. It would be like the mobile phone in its day, which absorbed the functions of computers, pens, calculators, telephones, etc. In this way, users will not be dependent on multiple platforms to keep track of interesting and relevant cryptocurrencies for them, to have warning alarms, or to organise orders, but will have it all on the same Sonar platform. In addition, they will be able to follow the live results of most cryptocurrencies as Sonar pulls data from blockchain and price trackers on the fly to provide the best user experience.

Key features of the platform

• Modular indicators: Sonar provides the best and most relevant data to its users to follow a better strategy, in a more secure and convenient way. The user can customise their data searches and even optimise it.
  Community tracking: Sonar also provides data extracted in real time from the most used social networks today, to give better commercial and investment signals that most platforms do not contemplate.
• Contract scanning: Sonar also cares about the security of its users, so it scans each user’s contract for vulnerabilities in order to avoid them, compiling a digestible report that detects an extensive list of security threats.
• Sonar Wallet: Sonar also provides a wallet for the user’s tokens to be stored securely, where keys and passwords are generated and stored locally, so only the user can access their wallets.

Analytical and commercial tools

• Price analysis — Real-time data feed of major CEX/DEX prices — Technical analysis charts — Cryptoasset order book
• Social analytics — Automatic information from social networks such as Reddit and Twitter through AI mechanisms — Identification of projects promoted by social influencers and trends — Quantitative scoring of market sentiment
• Verification of contracts and audits — Sonar scoring of audits of information source certifications — Quality scoring of contract security through risk detection
• Business notifications — Customised notifications for price fluctuation range functions, asset news, etc.
• Sonar Team / Development Wallet Live notification and monitoring system — Transparency of wallet usage and movement, to give security and confidence to users about their crypto-assets.
• Early investment opportunity notification system — Actionable and early news alert notifications of upcoming investment opportunities.
• Trade executions — AMM functionality to track earnings, investment decisions, etc. — Trade execution of assets across multiple blockchain technology providers — Asset Wallet with live cross-chain earnings tracking capability for Sonar and non-Sonar tokens — Mobile application for iOS and Android operating systems

TOKEN
Token name: SONAR
Symbol: PING
Network: Binance Smart Chain
Token protocol: BEP-20 Token type: Utility

Conclusions
Our platform has been conceived, and is continued to be informed by our direct experience as traders on the Binance Smart Chain. Even our turbulent lead up to launch and many headaches with different launch platforms affirmed our commitment to change every aspect of the space completely. Added to our agenda is to also become our own launch platform, circumventing the pitfall riddled miasma that currently exists. We shared these ideas and more with our engaged community who asked us tough and pointed questions. We enjoyed answering every single one and will continue to do so, as long as the community has them to ask!

For more detailed information and newer developments ;
Website :https://www.sonarplatform.io/
Twitter :https://twitter.com/SonarToken
Telegram :https://t.me/sonar_official
Facebook :https://www.facebook.com/S0NARPLATFORM/
Discord :https://discord.gg/7kuNHxZeCP
Reddit :https://www.reddit.com/r/sonarplatform
TikTok :https://vt.tiktok.com/ZSJ9oBTDo/
Instagram :https://www.instagram.com/sonar_token/

Author:
Forum Username: flyinghedgehog
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1240478