SONATA: THE ONLY CRYPTOCURRENCY EXCHANGE YOU WILL EVER NEED
Cryptocurrency was introduced years ago and since then we have seen it being accepted and adopted for use worldwide. This has led to the market being flooded by investors both those who seek to make quick profit and those who truly believe in the technology. The rise of cryptocurrency brought about exchanges which offer crypto traders an opportunity to trade their cryptocurrencies, exchanging them to other currencies and to fiat currency. Though these exchanges have for long served users, an observation deeply into it showed most of the users are not satisfied with how these exchanges behave, thus demanding / desiring and improved exchange which offers better trading experience. Some of the shortcomings which current exchanges faces currently include;
• Restriction in daily and monthly transaction limits with lengthy registration process.
• Lack of functionalities of established systems ( like FOREX, commodities etc)
• Complex user interface for basic operations, having so much emphasis on tools which are not important or even useful to the trader.
• Most exchanges offer few of the most common tokens and coins for trading.
• Lack of easy-to-use trading from charts, a tool traditional exchanges have used for so long.
• Stability issues even from huge cryptocurrency exchange system.
These issues which has for long troubled the cryptocurrency world, caught the attention of some smart high intelligent experts who have a passion for making life easy and better for everyone and in an attempt to provide a long lasting solution came up with an amazing idea which has never been seen before called SONATA. These experts took the advantage of other existing cryptocurrency exchanges by analyzing the usability of their features, gathering feedback from users so as to create a more better exchange platform for traders. Sonata will build an exchange which has large trading volumes, so the whole solution is based on scalable microservices architecture. Maintain continuous technological and functional development of product is the Sonata’s motto with a goal to create nothing but a balance, easy-to-use product which will be suitable for entry-level users which giving experienced users all advanced features they require.
Sonata is backed by a company which has been active in investment market for so long dating back to 1994 called Solidni Finance, a.s, which is a strong investor. All financial resources which Sonata needs for a huge success will be provided by Solidni Finance, a.s. Apart from financial support which Solidni Finance, a.s will render to Sonata, they cooperate with brokers and stock brokers to help the Sonata team with user experience testing, providing advisory services in processes “behind the curtain”.
Sonata targets the large and steadily growing group of novice investors including new users who search fo the best business opportunity and desire need of professionals, exchange specialists with knowledge of how to maximize earnings with different exchange platforms, strategy providers and asset managers who manage asset portfolios of clients, experienced user searching for better trading platform to replace his current exchange and holders who desire to gain passive income form transaction fees Sonata will dive between investors.
Sonata will focus on basic products which is required for a topclass exchange and these products include security, low transaction fees, user friendly interface, market margin, having all tokens and coins in one place, AI algorithms predicting price trends, BOT friendly API, social elements, underlying technology and also mobile apps where all basic feature of the web exchange, portfolio overview, current income from SONT and advanced notifications settings will be provide. See whitepaper for more details; https://sonata.ai/documents/whitepaper-en.pdf.
SONATA’S EXPECTED TRANSACTION AND WITHDRAWAL FEES
SONATA TOKEN (SONT)
Sonata has its own token with the ticker SONT which is on ethereum blockchain system and is based on ERC20 standard. There will be an ICO which will commence on the 8TH of October, 2018 during which 250, 000, 000 tokens out of 500, 000, 000 will be available for purchase. There will be different stages of the Sonata token sale during which early adopters will be rewarded with the highest bonus rate. The Sonata token sale will be limited by amount of tokens and not time. There will be no chance to buy the tokens once they are sold out. Sonata will lock its tokens keeping the price of the Sonata tokens (SONT) stable and every given period of time, will release them in regulated quantities.
Name: Sonata token
Value of token: 1 SONT = $0.1
Minimum transaction: 1, 000 SONT
Hardcap: $21, 000, 000
There will be bonuses at the different stages of the Sonata token sale, see below;
Private sale: 100,000, 000 SONT will be available for sale at 0% bonus.
Public sale1: 30, 000, 000 SONT will be available for sale at a 15% bonus.
Public sale2: 50, 000, 000 SONT will be available for sale at 10% bonus.
Public sale3: 70, 000, 000 SONT will be available for sale at 5% bonus.
Public sale: 50%
Team, investors, advisors: 20%
Bounty system: 5%
USE OF FUNDS
Operations, admin: 8%
Marketing, PR advert: 23%
Q2 2015: first cryptocurrency investments. We are searching for a single exchange platform that would fulfill all our expectations. We fail to find one.
Q3 2015: we enjoy cryptocurrency and we see enormosus potential in this branch. We are thinking about ways to enter the cryptocurrency market with a new product.
Q4 2016: the idea is born.; Sonata will become a cryptocurrency platform designed for exchange, trading, P2P lending and maybe even more.
Q3 2017: we set up a team of designers, developers, marketers and specialists in the field of exchange market analysis.
Q1 2018: we create a simple currency exchange aimed for the Czech market; SonataCoin.com. There is a lot of potential for a new full-fledged exchange and the team agrees to start the development of such a service.
Q2 2018: the team laid the groundwork for Sonata.ai. we have a chance to meet with partners and advisers who are as enthusiastic about our idea as we are.
Q3 2018: the first internal version of the exchange. The AI for price prediction is consulted with AI experts and we can see the first results of short-term predictions.
Q4 2018: The public sale of SONT tokens is launched. We strongly believe that the investment will be beneficial for investors, thanks to our smart payment mechanism. The mechanism pays out 80 percent of trade fees back to holders.
Q1 2019: the sale of SONT tokens is closed. We are expanding our team of developers and other specialists focusing on different tasks in order to innovate and upgrade the platform.
Q2 2019: the first public beta version of our exchange platform is released. Holders of our tokens are given the opportunity to be the first ones to try using it.
Q3 2019: we are focusing on further development and testing of our platform and upgrading our mobile applications. The first batch of altcoins is listed.
Q4 2019: the first versions of mobile apps for Android and IOS are released to public. We are publicly testing AI price prediction.
Q1 2020: the exchange application is continuously upgraded. We are implementing our own AI prediction of cryptocurrency prices. A large number of altcoins is listed.
Q2 2020: we expect almost 200, 000 active users and the average daily trading volume of roughly $300, 000, 000.
Q3 2020: PUBLIC LISTING OF ALTCOINS AND OTHER TOKENS. LISTING OF SONT tokens expanded to other exchange markets.
Eduard Sedlmajer: CEO, investor
Jakub Langr: project director
Radim Bastan: PR manager
Jan Sedlacek: Lead back end programmer
David Stuller: Lead front end programmer
Martin Bus: Senior Designer
Vitezslav Hungr: Executive strategist
Silvie Odehnalove: Marketing and communication
Renata Hadravova: Marketing and PR
Petr Nemecek: Blockchain Expert
Jaroslav Cehovsky: Security Specialist
Petr Polanka: LAWYER
Tomas Horak: Exchange expert
Martin Bocanek: Exchange analyst.
The Sonata project is indeed one everyone should have a close look at as it has so much to offer to the world. I strongly believe it will have a strong positive impact on the world and the way we trade cryptocurrency. For more information about the Sonata project and to participate, I strongly encourage everyone to have a close look at the website and whitepaper. Also, stay connected to the team and other participants across the globe through the different Sonata social media platforms whose links are provided below. Thanks.
Authored By: teejayrichard
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1265803
Wallet Address: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F