SONATA : WHEN YOU THINK CRYPTOCURRENCY, THINK SONATA
Outside of Cryptocurrency, most financial transactions are reversible. This doesn’t means that you can simply go on shopping and try to refund the money, as there is usually a governing body that oversees the process. For example, let us say one purchase a goods online but there was no delivery of those goods, it can be returned after much conversation and investigation with credit card providers. People feel safe using credit cards as they are highly protected from fraud. Cryptocurrency aimed to be decentralized and pseudo anonymous. There are many problems to this system but unfortunately security is the primary flaw. Because hackers can steal coins with almost no repercussion, the currency is a major target for fraud. Also, Cryptocurrencies are volatile. Between January 2013 and November 2013, the price of Bitcoin rose to 8,313%, the collapsed to half of its value. These types of price fluctuations make it incredibly difficult for business and consumers to make their financial decisions. Because of its volatility, Cryptocurrencies are highly used by speculators and not often used for long term savings. There ares some incredibly high rewards available for speculators, and this has positioned most Cryptocurrencies as more of an investment than a means of payment. Unfortunately, if Cryptocurrency truly wants to be the payment system of the future they need to reward people who use it for its intended purpose- a means of payment. Sonata has created a solution to how these problems can be solved. In 2017, investing in projects associated with a Blockchain or Cryptocurrencies became popular among Cryptocurrency holders. This type of fundraising is called an ICO-Initial Coin Offering. The upshot is that using Cryptocurrencies has made it easy to raise outrageous amounts of funds with noting more than an internet connection. More than $1.17 billion has already been raised through ICOs in 2017. You don’t hear much about successful projects, but investors are still optimistic. The problem then is that the Cryptocrrency market still isn’t regulated by any means, there are no risk assessment mechanisms, and there is no guarantee – like at all -0f return on investments, except the world of honor of people who came up with the project. Functionalities of established exchange system that are been used are not sufficient. Trading is somewhat difficult due to its complexity in understanding and also in trading with high rate of charges they tend to charge for each transaction been done. The limits also and restrictions given are also tiring. The registration process is either too rigid or too lengthy.
Sonata is one of its kinds as it sought to bring in solutions to the already exiting problems already mentioned above. With its carefully planned design and flawless technical execution, it runs smooth. Its basically secured and totally safe. That’s one prominent advantage Sonata has over others. With this users can trade and invest without any fear of fraud or theft, all made possible with smart contacts and as well as strict internal security processes , risk and vulnerability management that has already been put in place so as to ensure smooth running of the system. Unlike other platforms that charges with high rates, the reverse is the case with Sonata. Sonata offers lower fees than most of the competition. Prices can be predicted in the future due to its AI algorithms. With its artificial neutral network, the confidence of delivering a very precise prediction model is high. Margin trading is also another advantages which is an expert tool used to level up the order income. It is flexible and made available even for countries that has restricted and unrestricted. The creation of user interface has given users the benefits of creating for one self with the development and creation of the default interface by Sonata. Due to users different needs and possible wants, the teams thought is needful for users to have the rights to create one if they need to their own satisfaction and wants. There is high liquidity as it provides and offers the majority of important tradable tokens, always adding tokens and coins. Trading made very easy and fast with the creation and development of a mobile app. Although web based application is considered as its core, the mobile app is not less important
UNIQUE VISIONS OF SONATA
To create a balanced, easy to use product that would be suitable for entry-level users, while also providing all the advanced features required but experienced investors
GOAL OF SONATA
To maintain continuous technological and functional development of the product.
MISSION OF SONATA
To introduce Cryptocurrencies to the general public, novice traders and ecommerce companies that can also largely contribute to the development of Cryptocurrencies
PARTNERS OF SONATA
UNIQUE BENEFITS OF SONATA
· It’s basically secured and totally safe. That’s one prominent advantage Sonata has over others. With this users can trade and invest without any fear of fraud or theft, all made possible with smart contacts and as well as strict internal security processes , risk and vulnerability management that has already been put in place so as to ensure smooth running of the system
· On like other platforms that charges with high rates, the reverse is the case with Sonata. Sonata offers lower fees than most of the competition.
· Prices can be predicted in the future due to its AI algorithms. with its artificial neutral network, the confidence of delivering a very precise prediction model is high
· Margin trading is also another advantages which is an expert tool used to level up the order income. It is flexible and made available even for countries that has restricted and unrestricted.
· The creation of user interface has given users the benefits of creating for one self with the development and creation of the default interface by Sonata. Due to users different needs and possible wants, the teams thought is needful for users to have the rights to create one if they need to their own satisfaction and wants
· There is high liquidity as it provides and offers the majority of important tradable tokens, always adding tokens and coins
· Trading made very easy and fast with the creation and development of a mobile app. Although web based application is considered as its core, the mobile app is not less important
· Rewards are also accorded to the community of investors. And that is 80% of all Sonata’s exchange fees is redistributed back to them
TOKEN DETAILS OF SONATA
Token symbol: (SONT)
Token standard: ERC20
Total token supply: 5000,000,000
Total token for sale: 250,000,000
Value of token: 1 ETH = 1269 SONT
Currecies accepted: BTC, LTC, ETH
Minimal transaction: 1,000 SONT
TOKEN SALE DATE: October 8, 2018
TOKEN DISTRIBUTION OF SONATA
Public sale: 50%
Bounty system: 5%
Team, investors, advisors: 20%
TOKEN ALLOCATION OF SONATA
Marketing PR, advert: 23%
Operations, admin: 8%
ROAD MAP OF SONATA
First cryptocurrency investments. We are searching for a single exchange platform that would fulfill all our expectations. We fail to find one
We enjoy cryptocurrency trading and we see enormous potential in this branch. We are thinking about ways to enter the cryptocurrency market with a new product
The idea is born: Sonata will become a cryptocurrency platform designed for exchange, trading, P2P lending and maybe even more
We set up a team of designers, developers, marketers and specialists in the field of exchange market analysis
We create simple currency exchange aimed for Czech market: SonataCoin.com. there is a lot of potential for new full-fledged exchange and the team agrees to start the development of such a service
The team laid the groundwork for Sonata.ai. we have a chance to meet with partners and advisers who are enthusiastic about our idea as we are
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
The public sale of SONT tokens is launched. We strongly believe that the investment will be beneficial for investors. Thanks to our payment mechanism. The mechanism pays out 80% of trade fees back to holders.
Q1: The sale of SONT token 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: 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: We are focusing on further development and testing of our platform and upgrading our mobile applications. The first batch of altcoins is listed.
Q4: The first versions of mobile apps for Andriod and iOS are released to public. We are publicly testing AI price prediction
Q1: The exchange application is continuously upgraded. We are implementing our own AI prediction of cryptocurrency prices. A large number of altcoins is listed
Q2: we expect almost 200,000 active users and the average daily trading volume of roughly $300,000,000.
Q3: Public listing of altcoins and other tokens. Listing of SONT tokens expanded to other exchange markets.
TEAM MEMBERS OF SONATA
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 strategies
Silvie Odehnalova: Marketing and communication
Renata Hardravova: Marketing and PR
Peter Nemecek: Blockchain expert
Jaroslav Cehovsky: Security specialist
Petr Polanka: Lawer
ADVISORS OF SONATA
Tomas Horak: Exchange Expert
Martin Bocanek: Exchange analyst
Sonata project is one for all, irrespective of one’s location. Its benefits are numerous. I therefore implore everyone to participate in this awesome project so as to receive lots of rewards and benefits. For more information please kindly click on any of the links below. Thanks for your time
Written by: Ogtejiri
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1790132
Wallet address: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6