Sonar: The Future of Crypto Analysis and Tracking
Tags: Cryptocurrency, Cryptography, Cryptocurrency News, Cryptocurrency Investment, Blockchain

Introduction

Nowadays there is a lot of talk about cryptocurrencies and the great benefits they can bring, not only on an individual level but also on a technological level. However, newcomers still find it difficult to get up to speed and start investing and studying the right things to learn more about the subject and start trading. For this reason, today I present to you Sonar (https://www.sonarplatform.io/), a user-friendly tool for monitoring and analysis of cryptocurrencies and cryptoassets that works under the Binance (BSC) and Ethereum (ETH) networks. A new platform packed with innovative features and state-of-the-art UX to streamline the cryptocurrency investment workflow for both existing and new investors.

In more detail…

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 details

The primary token for Sonar will be $PING, a utility token native to the Binance Smart Chain network, which will operate under the BEP-20 protocol. The token will serve to provide stability to the platform and provide rewards to the most active users, while maintaining steady growth and development of the Sonar ecosystem.

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

To ensure an additional safety mechanism against negative price action, Sonar will provide timed and calculated burns at specific growth phases of the platform. In this way, the Sonar team also aims to increase the value of the Sonar token through deflationary mechanisms.

Token Distribution

Bounty program

The project gives the opportunity to earn PING tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Altcointalks Thread here ( https://bitcointalk.org/index.php?topic=5348863 ), where you can access the link in order to see what are the conditions to become an early Sonar contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (Sonar_WP). You can also stay tuned in their official Telegram Channel (https://t.me/sonar_official). I hope you liked the post and soon I’ll send you new ones.

Roadmap

Q2 2021

Sonar website registered, developed and launched.

Initiate Sonar Token marketing plan (digital and physical media)

Conduct paid audits through Techrate’s auditor ecosystem

Advance sale of whitelisted Sonar tokens

Initial token offering on pancake exchange

Listing on CoinGecko, CoinMarketCap and Blockfolio

Enable TrustWallet / Metamask Wallet Sonar Token Logo

Enable PancakeSwap Sonar Token Logo

Incorporation of Sonar Analytics Ltd.

Q3 2021

Enhanced CertiK Contract Security Audit

Tier-1 / Tier-2 CEX listings

Enhanced marketing strategy execution

Metadata tracking layer and UX / UI platform development and integration

Enable basic asset tracking on Sonar platform for all tier members

Implementation of Sonar application wallet with limited execution of trades and P/L functions

Q4 2021

Expand development team (e.g. artificial intelligence/machine learning developers, DEX developers, White Hat security programmers, etc.)

Additional advanced features of the Sonar platform are developed and integrated into the platform

Continuous research and development of the Sonar use case in sequence with the ever-changing crypto-intelligence marketplace

Computing, security, NFT technology partnerships announced

Q1 2022

Open Beta testing of Sonar platform

Whale watching and signal layer development and testing

Advanced asset warning layer development and testing

Implementation of advanced sonar application wallet functions

Implementation of mobile sonar platform application (iOS / Android)

In the future…

Continued development of novel technologies to enhance crypto asset analysis for Sonar platform users.

Develop on/off-chain investment vehicles for Sonar token holders

Conclusions

We have seen that Sonar is a very ecosystem platform that generates a unique ecosystem that encompasses all the necessary tools to keep up to date not only with cryptocurrencies, but to make a unique tracking of your portfolio of assets. So at the same time you can keep track of everything, giving easy access to users and providing a much shorter delay to find out the latest news on each cryptoasset you follow. Undoubtedly, this can be a great revolution for the blockchian industry in general, and in particular for investors who use cryptocurrency platforms often.

Social Media Links

Telegram: https://t.me/sonar_official Twitter: https://twitter.com/SonarToken Facebook: https://www.facebook.com/S0NARPLATFORM/ Reddit: https://www.reddit.com/r/sonarplatform Whitepaper: https://www.canva.com/design/DAEggRStH8k/ErZxJ9RjGXLv4JYE2wzqow/view?utm_content=DAEggRStH8k&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink

Author Details

Email:jowwer1337@gmail.com

bitcointalk.username: Crastyy

bitcointalk.profile link: https://bitcointalk.org/index.php?action=profile;u=1749140

Smart Chain (BSC) Wallet Address: 0x8d7CeBD3C0F4b041Dd8d0f5565143af24883780c

bitcointalk. Proof of Authentication https://bitcointalk.org/index.php?topic=5348863.msg57518820#msg57518820