Sonar Platform Beta launches to provide crypto insights, real-time news, and education

Published on: 06.01.2022

Sonar has announced the launch of its Sonar Platform Beta and the beginning of its “Build-in-Public” phase.

Destined to become a central hub for market analysis, project tracking, asset management, education, and news for all crypto users, Sonar has built a combination of Crunchbase and Muck Rack for crypto projects.

And AI technology helps investors make the right decisions by providing predictive analytics, sentiment and growth analysis, smart-contract safety, news aggregation, and more.

Sonar Platform Beta consists of two parts.

Token Studio is designed to mimic the natural way experienced investors conduct their research and analysis, only instead of having to deal with all the associated preparation and resource juggling, everything from checking prices to diving deep into trends and analytics can be done together in one clean, comprehensive and streamlined application.

The studio offers real insights in four areas: Overview, Highlights, Vitals, and Explorer.

🔸 Overview is where users can understand what a project is all about. With a comprehensive summary of its use case, fundamentals and history, and portals to all of its communities and social media, it acts as the jumping-off point for further research.

🔸 Highlights deals in the project’s current financial and social state. It’s the part of the application that provides users with real-time feedback on everything from essentials like Market Cap, Volume, and Holders, through AI-powered scores on sentiment and price performance, to personal reports on our interactions with the project’s cryptocurrency; Our buys, our sells, profits, losses, current and past positions, and more.

🔸 Vitals is the pulse of a project. It’s a trailing line through time. Everything here is displayed in the form of a chart, and for a good reason. This section shows us the perspective of the performance historically and how it has been affected by various influences, like noteworthy events, hitting specific milestones, and general news coverage.

🔸 Explorer. The section tells users about the influences and events that drive a project forward. These can be small, like individual transactions, and very large, like significant news outlets releasing articles and everything in between. If it moves the project in any meaningful way, chances are you’ll find it here.

Each section contains many different tools and indicators, each with additional elements that users can expand to peer even deeper into a prospective investment’s inner workings. Resources that would typically take days or even weeks to compile, organize and parse for the most critical information have been distilled into a simple interface with unprecedented power under the hood.

NewsRoom provides written sections consisting of short explanations of the current broader market conditions followed up by AI-generated summaries of the most important news from the day, quickly informing you of essential points and saving you time.

Users will find indicators for the most active projects and trending market sectors like NFTs, Metaverse, Utility, etc., immediately followed by the most crucial section of the application – a personalized news curator.

About Sonar

Sonar Platform is a holistic suite of cryptocurrency analytics tools for investors of all experience levels. Sonar is finally bringing all relevant data and crucial tools you need to do your own research (DYOR) under a single comprehensive solution. It believes that your ability to make good investment decisions shouldn’t require you to waste precious time digging into contracts or Reddit and countless social channels. So Sonar designed a new breed of software to streamline your crypto workflow and keep you sane throughout your journey.

SOURCE

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ETH Dominance: 8.12%(-0.07%/24h)
Defi Market Cap: $78.07B(-22.24%/24h)
Total Market Cap: $2693.22B(+2.47%/24h)
Total Trading Volume 24h: $106.54B(-15.61%/24h)
ETH Market Cap: $218.59B
Defi to ETH Ratio: 35.71%
Defi Dominance: 2.8%
Altcoin Market Cap: $1021.42B
Altcoin Volume 24h: $60.02B
Total Cryptocurrencies: 34237
Active Cryptocurrencies: 10422
Active Market Pairs: 104008
Active Exchanges: 819
Total Exchanges: 10300
BTC: 84099.77$(0.35%/1H)
ETH: 1807.87$(-0.18%/1H)
AVAX: 18.13$(0.34%/1H)
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ONE: 0.01$(-1.02%/1H)