The data market is one of the most lucrative industries in the world.
Tech titans like Google and Facebook drive a lot of traffic but this is not enough to make money. Twitter evidences this as it has a massive become the punchline of many business analysis jokes as, despite its huge userbase and inflated market cap, it is still struggling to make a successful, profitable business model. Facebook, on the other hand, is so successful because it has learned how to use user data extremely well.
Sonar's Purpose
To simplify and expedite their online investing initiatives, Sonar provides customers with a dynamic, all-in-one bitcoin analytical environment. Sonar provides a safe platform for any user to investigate, manage, and quantify their present and future crypto assets, based on the fundamental concepts of Trust, Transparency, Ease of Use, and Social Impact. The use-case, tokenomics, team, and future development strategy of Sonar and its utility token ($PING) are all outlined in this whitepaper.
Data is extremely valuable and it is in higher demand than ever before.
It is not difficult to infer that if a highly-funded, seemingly established startup like Twitter is struggling to drive revenue from all the data it has, smaller tech or media companies are likely facing an even stronger predicament.
Statement of purpose
Sonar's aim is to give investors of all levels of experience with an all-in-one suite of comprehensive cryptocurrency research tools to assist them decrease trading risk and enhance the chance of winning transactions.
Our Goals
Our mission is to create an industry-leading platform for the ever-growing ecosystem of analytical tools that are available to all cryptocurrency investors, regardless of trading experience or portfolio size. Sonar is a social impact engine that aims to create a more secure economic environment for our planet, both on and off the blockchain.
The reality is that, indeed, many application developers fail to put user data to its full utility; the main cause of this is that they fail to capture the full user profile and thus are either unable to optimize products or unable to provide relevant ads. Both factors weaken not just a company's profitability, but also its user retention. Due to this very reason, the top-rank listings of applications in many categories are characterized by a high turn-over.
A new blockchain project, SONAR PLATFORM, empowers all the up and coming developers with a resource that targets the source of the problem. The key issue is that every app offer a niche service and thus gathers relevant user data. It takes many aspects of a person to have enough data to provide a product that constantly improves as per its userbase's needs while also making sure users see relevant ads.
Strength in Numbers
SONAR PLATFORM builds of the age-old wisdom that there is strength in numbers. Independently, small-scale developers can never tackle the challenge of growth. However, if they can all seamlessly interact with each other to fulfill the missing gaps in the data they possess, then growth becomes not just feasible, but (possibly) even easy.
SONAR PLATFORM provides developers with SDKs so they can integrate SONAR PLATFORM-developed tools that gather detailed and permission user data. The data capture and flow is recorded on the blockchain, and this provides a key benefit. The developers can sell valuable data to each other to gather the missing pieces about their userbase in order to optimize product growth and ad targetting. As the data capture and flow is transparently visible yet immutable--benefit of blockchain technology--developers can know whether the data they are buying is of good quality.
SONAR PLATFORM allows developers to coexist in an ecosystem where they can grow through mutual value-based interactions.
Details Information about Sonar Platform
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.com/invite/7kuNHxZeCP
Reddit: https://www.reddit.com/r/SonarPlatform/
Instagram: https://www.instagram.com/sonar_token/
Proof of Author
Proof of Authentication: https://bitcointalk.org/index.php?topic=5348863.msg57552086#msg57552086
Bitcointalk Username: cryptocanley
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2158989
Telegram: @Marilukin
Wallet: 0xDb232066054777d0B08290225Bc33986bEBaB6E2
