Sonar Platform - An All-in-one Crypto Tracking and Analytics Ecosystem
Introduction
Cryptocurrency generally can be somehow complicated especially with no thorough research and experience. It could however be very simple as ABC when you have the right tools and resources. I am not always surprised when I see people, new to blockchain and Cryptocurrencies, finding it difficult to access or invest in cryptocurrency. I was in that situation for more than a year before I could really understand the risk, benefits and the potential of cryptocurrencies. For now, I can boldly say cryptocurrency is the next big thing which will contribute vastly to the evolution of the world at large. Imagine a transaction without the involvement of central party, a payment without transaction fees, an impenetrable storage of data, a creation of Non-fungible tokens, and much more. Cryptocurrency is very wide, and to be candid, even for the experienced ones, you can’t totally conclude that a project or a cryptocurrency would definitely be successful. It can be very hard to ascertain this.?
A crypto enthusiast would always need a crypto analysis and tools to be able to make certain decisions in order to maximize a full potential and profits. This is the reason I am going to be introducing a new Binance Smart Chain project called Sonar, which will seamlessly provide solutions to crypto analysis and tracking.?
What is Sonar?
Sonar is a platform that provides users with a dynamic, all-in-one, cryptocurrency analytical ecosystem to simplify and accelerate their online investment ventures – Whitepaper
You can’t beat the risk and issues related to investments by yourself, you always need help from someone or something to make the best decision. Sometimes, you look for information on social media, google for data, research to get the reason why you should invest in a business. Investing in a business can be somehow tricky especially when you are new to the business. Same issue is attached to crypto investment. Also, when investing in a business, especially a cryptocurrency, the risk attached to it should be taken into consideration. Some developers of a project pretend as if they are real, whereas, they have a hidden agenda to siphon investors funds. This has been the trend in the crypto Space for the past few years. Therefore, because of this, most investors find it difficult to venture into a Crypto investments unlike before when the crypto world was less risky compared the present time.?
Fortunately, Sonar platform is securely built to mitigate the risk attached to crypto investments by developing a sophisticated crypto tools and analysis that would allow users to maximize profits. Since the platform is built on the Blockchain technology, transparency, security, trust, and flexibility is guaranteed. The Sonar Ecosystem will bring the missing part of crypto world. It doesn’t matter how skilled and experienced you are, Sonar platform will always accommodate you. Thanks to the experienced team behind the project, users do not need to worry about any possibility of fishy acts.?
Enjoy the video below to get an insight about the platform
Sonar Ecosystem
As I said earlier on, even as an experienced trader or investor, it can be very difficult to make some certain decisions when it comes to cryptocurrencies, let alone someone new to the crypto space. First, you need some signals and tools to execute some steps in order to ascertain some potential. Second, you need an analysis on a project you are venturing into in order to mitigate the risk attached to it. The Sonar Ecosystem is built for these all in one platform for accessibility of users. Instead of going Helter skelter in search of a project research to get the network trends, vet contract code, price charts, price action alerts, execute orders, you can always check the review of any investment on the Sonar platform and make a tangible decision that will help you to acquire the best. Sonar brings all these analytical tools to your doorstep in a single platform. Live data will be pulled from blockchains, auditors, price trackers, social media networks and crypto exchanges they are listed. This will result in allowing users to quickly make decisions on any of their crypto investments. I can boldly say it’s the most important aspect to look out for in the crypto world.?
What are the analytical and trading tools provided by Sonar Ecosystem?
Social Analytics
In order to successfully and boldly say a project is successful, It must be thoroughly be backed by it’s community. This is the reason why the Sonar platform will be pulling information using an intelligent AI aggregation from reputable social media such as twitter, reddit and others to identify the trending and social influencer promoted projects. Additionally, qualitative market sentiment data will also be converted into a quantitative score. All these analytics will give investors the clue and idea on whether or not to trust the project.?
Contract Vetting and Audits
The Sonar platform will also scan through the Audit certificate of a project and provides a visible score for users access without any sentiment. The wallet holder balances, contract ownership status, locked liquidity, token mint functions, token transfers and trade functions,, etc. will be used to determine the contract security quality scores.?
Price Analytics?
The platform will provide live price data from exchanges the project is traded. Crypto charts tools and order books will also be available on the platform to users. These will allow users to have easy access to any crypto assets without the need of checking the exchange they are listed on. It’s a great advantage as it would save the stress and data of searching through different platforms to get these information.?
Trading Notifications
Users can easily customize a conditional notification on the platform to get informed on the price fluctuation ranges, exchange listing, media news on crypto assets, and also project risks such as bridge of securities, flash loans and so on. Trading signal is also in the pipeline to be developed on the Sonar platform.?
Sonar Team/Development Wallet Live-Tracking and Notification System
Due to the fact that the platform encourage full transparency, it is in plan that the team wallet will be easily tracked by users and also all transactions or movement from this wallet will be notified to the community. Any further usage of the token allocated will be trackable by anyone on the network.
Upcoming Features?
Early Investment Opportunity Notification System
The System will be able to aggregate potential projects and bring it earlier to Sonar users. This will allow users not to miss important projects coming up to the crypto space. It’s so amazing to have this feature coming to the platform as investors will be prepared and be the first set of people to access real projects with future potential.?
Trade Execution
Users will be able to trade directly on the Sonar platform with an in-built AMM functionality. Sonar platform will creates amazing trading tools for experienced traders to make plans and better decisions on their crypto investments. Mobile wallets and applications will also be available on IOS and Android operating systems.?
Sonar Wallet
Sonar Wallet is a Non-custodial digital wallet that is used to keep and secure digital assets. Keys and passwords are generated and stored on the device. Therefore, no one basically have access to a wallet apart from the owner. NFTs can also be stored on the wallet.?
Ping Token
Ping token is an utility token that powers the Sonar platform. It is built on Binance Smart Chain. Token holders will easy access to sophisticated tracking features and also the analytics platform. Below is the summary of the token details and Tokenomics of Ping token.
Token Details
Token Name – Sonar
Token Ticker – Ping
Network – Binance Smart Chain (BEP20)
Total Supply – 4,000,000,000
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Contract Address - 0x5546600f77eda1dcf2e8817ef4d617382e7f71f5
Tokenomics
Team token - 160,000,000
Core Business token - 240,000,000
Private Sale - 581,163,650
Locked Liquidity - 1,267,200,000
Pre-sale token - 1,584,180,000
Holders Reward token - 135,956,350
DxSale Launch Service - 31,500,000
In order for users to access these tools and analytics, there are multiple tiers of services, with limited access. More advanced features will be exclusively available for $Ping holders. The tier structures are described below;?
Tier-0
Users will have access to basic Features such as assets tracking and analysis plus watchlist. Nothing is required in this tier. It is totally free even to non-holders of $Ping.
Tier-1
In order to access this section, a minimum of 250,000 $Ping is required and should be held in a user’s wallet. Unique features such as Advanced Asset Tracking, Advanced Asset Analysis with a watchlist Function, Basic Alert, Automated Portfolio Tracking and Custom Token Dashboard will be available on this tier.?
Tier-2?
Before the tier can be accessed by users, a minimum of 500,000 $Ping is needed to be held in a private wallet. Features listed below will be available at investor’s disposable;
Note – The rate maybe reviewed as the token value increases in both tier 1 and 2
Where can I buy Ping token?
Ping token is already traded on Pancakeswap, and it's already doing great on the market. It can also be tracked on Coinmarketcap and Coingecko. You can purchase your token via the link below;
Team
Conclusion
Many investors make the mistake of not doing proper investigation/research before venturing into an investment. Unfortunately, they fall into wrong hands or platform and lose their hard earned money. It is normal to take some risk when making some decisions in life, but it should however be a calculated risk. Sonar platform built on BSC will create an all-in-one ecosystem where users/investors/traders can seamlessly access crypto analytics and track their digital assets, thereby creating a strong intention of making the best decisions in order to maximize profits and ensure a successful investments. For any crypto enthusiast, Sonar platform is a place to be.?
For more information about the project, visit the links below;
Author - jerryco