I know that many people will agree with me that the modern world is full of resources, tools, technologies, and other high-tech elements. Each of which either brings something useful to our life, or on the contrary, takes it away from it. This is a very complex and multifaceted issue that haunts many of us. After all, in most cases, we understand that we are just a small part of one large mechanism, the management tools of which, unfortunately, are not concentrated in our hands. I know it sounds very confusing, but that's life. Which we have to either put up with or try to change something.
These are the kinds of changes I want to talk to you about today. After all, as far as we all know, one of the powerful tools in our lives is money. With them, you can buy absolutely any product you need, buy your dream home, give cars to your parents, go on a trip and do not deny yourself anything. This is partly true, but not everyone notices the downside of the same coin, namely the gradual depreciation of the same money.
Problems
I think you are all painfully familiar with the word inflation, which year after year devours the actual value of all Fiat coins. Unfortunately, this process has been present in our history since the very first money appeared. At the same time, of all the 775 Fiat coins that exist in history, about 600 of them have gone to zero. That is, they ceased to carry any value and turned into so-called wrappers.
- Yes, what is there to dissemble, the US dollar alone has lost its purchasing power almost 25 times over the past hundred years. If earlier you could afford to live for a dollar for a couple of days. Right now, you don't even have a dollar to buy a large Cup of coffee and any cookies at Starbucks. And what is most offensive, this trend is rapidly going to zero, that is, complete depreciation.
To solve this problem, cryptocurrencies that have recently appeared, which have a limited issue and are decentralized, that is, do not belong to any economy in the world, are trying to solve this problem. Which makes them essentially a self-driving machine. Which only in the last ten years has demonstrated its growth in twelve and a half thousand times. And continues to increase it. However, despite all this dynamics of development, many people are still afraid of excessive volatility of cryptocurrency coins, which can go up sharply or fall down overnight.
Analyzing this flow of knowledge and information, the team of specialists came to a consensus that this situation needs to be changed, and they have their own solutions for this. Which I want to tell you about in more detail today.
Solution and its features
It is important to note that this solution is ideal for hedging risks for the entire cryptocurrency market. This solution is called Sonar Platform . Sonar tracks live cryptocurrency exchange information fed into both Centralized and Decentralized Exchanges (CEX and DEX) along with that information from web-based media organizations, value watchers , digital currency reviewers and traders to achieve an all-inclusive classification of crypto investigative devices for financial advocates of all levels of encounter.
- Sonar is a venture with knowledge of what each crypto financial backers and merchants really expected to make accomplishment with exchanging and taking a savvy choice with regards to Investing in advanced currencies.It is an incredible undertaking with special possibilities that include the manner in which financial backers interface with the crypto world through the force of computerized reasoning (AI) and information investigation apparatuses which will be of extraordinary help with breaking down any current circumstance and settle on an all around educated information driven choices in an extremely keen manner while staying away from tricks.
Where does this ideal come from?
In fact, the ping is more than what I just told you here. After all, as such, this coin does not exist on its own, but is complemented by the entire E-Commerce industry, the debit card market, as well as the crypto market and many others.
- Now let's do some math. For example, if all of these markets were combined to introduce at least 10% into the crypto world, the cost of the entire industry would instantly increase by 600%. That is, in a word, it will become 6 times more liquid. And as a result, it will make us all happier.
Intuitive Interface: Developers designed Sonar with an intuitive and user-friendly interface so that users can navigate more easily, even for those who are new to the crypto market.
Time Efficiency: By using Sonar, users can save time searching for the information they need. They no longer need to search on the telegram channel, on twitter, or other social media platforms, everything is already provided on Sonar.
Price Analysis: Sonar provides crypto price information from major CEX/DEXs, price charts, and order book information, which will greatly help crypto users to analyze crypto prices.
Social Analysis: Development adopts AI aggregation to help analyze social platforms and provide the information needed by users.
Contract Vetting and Audits: Users can view audit certificates for cryptocurrencies on Sonar. Later Sonar will provide information such as quality scores, risk detection, etc.
Trading Notifications: Sonar will notify users for various events or problems.
Sonar Wallet: Users can securely store their tokens in the non-custodial wallet provided by Sonar.
Early Investment Opportunity Notification: A feature that will notify users to become early investors in crypto projects.
Trade Execution: Users can directly execute trades from Sonar with built-in AMM functionality and advanced trading functionality.
Inference
I'm sure you, like me, are extremely interested in the Sonar Platform, with all its future developments. Especially now, when the instability of the world economy makes us desperate and the crypto market is still struggling with its volatility.
- But as you can see, the Sonar team has its own solutions. Furthermore, the technical documentation of the project describes each in more detail. The link that I will leave in the description of this article.
At the end of my review, I would like to wish the developer success on their intended path, as well as the implementation of all their plans. And that's all I have. I am happy to share with you a unique solution to the above problems. I hope that my article is useful and interesting for you. If so, please like and write your comments below this article.
For further information about Sonar, please check out the links below
Website: https://www.sonarplatform.io/
Telegram: https://t.me/joinchat/7QaCo9JtRIwzZjUx
Twitter: https://twitter.com/SonarToken
Facebook: https://web.facebook.com/S0NARPLATFORM/?_rdc=1&_rdr
Youtube: https://www.youtube.com/channel/UCixkuolcOuQdEnn80E-tyew
Author:
Bitcointalk username : Vilta
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2999898
Proof of authentication: https://bitcointalk.org/index.php?topic=5348863.msg57600234#msg57600234
BSC Wallet Address: 0xa079D4B4B5e965b87cAc0F0810d36B80F7c6E060
I hope that the project will be able to somehow stand out from other similar projects.
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This project, as far as I know, is on the rise :3
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I hope this project will develop more in the future
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Thanks for letting me know about this project
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Very good analysis
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The new idea is very good
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I will look into it more, thanks for the analysis :b
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always an activity reviewer! and good luck to the farmers!
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Project is good. Interesting rewards. Growth momentum is at a good level. You can make money from the project
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It seems to me that this nft and defi hype will never end
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I hope this is an interesting and profitable project! I'm new to this business, I'm going to start learning!
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To me, it seems like a worthwhile project. Thank you for the information.
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