SONATA is the cryptocurrency exchange you will ever need as a broker and as a holder. It is a seamless trading experience with long term profit to brokers and holders. Succeeding in a choked market as a new project can be very challenging but SONATA stands on a solid stone with reason being that SONATA is not the first cryptocurrency exchange on the market allowing SONATA to evaluate several established projects and the usability of their features. SONATA is building an exchange with the expectation of large trading volumes, so the whole solution is based on scalable micro-services architecture. Maintaining a continuous technological and functional development of the product and creating a balanced, easy-to-use product that would be convenient for entry-level users, while also providing the needed feature required by experienced investors are the motto and goal of SONATA respectively. SONATA is currently gathering necessary feedback from users in the field and fine-tuning our platform before the actual launch. Sonata token (SONT) is based on Ethereum
blockchain system and is standard ERC20 compliant. During the ICO period we
will offer 250,000,000 tokens out of total 500,000,000. Sale will start on
October 8, 2018 and will be followed by strategic phases as stated below on the
roadmap.
MISSION
SONATA contends for simplicity and efficiency when it comes to cryptocurrency trading and exchange. Its solely mission is to bring cryptocurrencies to the general public, novice traders and ecommerce companies that can also largely contribute to the development of cryptocurrencies.
GOAL
SONATA stands with a goal of development of a community around its exchange application. This community of users would be able to trade together, share experience, communicate and help one another. Upon designation of this amazing platform, SONATA focuses on the effectiveness of the trading process and on maximizing income with respect to the current situation on the market.
DISEASE OF THE CRYPTOCURRENCY EXCHANGES
1. Surprisingly, most cryptocurrency exchanges lack much functionality of established exchange systems (Forex, commodities, etc.) that have been patronized for years.
2. The user interface is quite complex for basic operation leaving even expert traders confused yet alone beginners.
3. Several exchanges impose restrictive daily and smoothly transactions limits with lengthy registrations process preventing investors of many opportunities.
4. Several cryptocurrency exchanges do not provide easy-to-use trading from charts, a tool that has been used by traditional exchanges for years.
5. The widely need for stability and secured cryptocurrency exchange system.
THE REQUIRED MEDICINE OR ANTIDOTE
SONATA with its revolutionary exchange application provides the antidote to the above deficiencies, flaws or discrepancies and provides a variety of new ideas in addition.
1. PERFECT SECURITY; SONATA is committed to secure all your funds and investments on multiple levels. You can focus on your business worry. Any rationally investor or risk taker thinks of safety as a major concern. SONATA hereby provides a multiple security layers with unmatched server-side security, hardware without strange and premium protection against phishing and DDOS attacks.
2. BOT FRIENDLY API; SONATA hereby provides a fully documented customizable API for your robots and other Apps. With these features, traders will be able to customize their own notifications, trading orders, limits and much more.
3. AI PREDICTION; SONATA is using a real-time market data and an advanced AI algorithm to predict future price trends. These tools will not only serve as an instrument for informed investment decision but also a great start for beginners in the field.
4. BUILT TO PERFORM; SONATA with its unique designers have great hours analyzing the user experience of professional brokers to build a truly distraction free interface. Since every user has different needs and wants, SONATA aims to fulfill the needs of majority with a planned customizable user interface to suit every client.
5. SOCIAL ELEMENTS; SONATA plans to foster and cultivate a community of highly connected specialized professional and semi-professional exchange brokers who are interested in cryptocurrencies. SONATA through featuring of currencies, groups chat and categorized by topics with real-time chat will help users to share their ideas and experience, ask for help and communicate with others. With another perfect social mechanism trader rank which will help every traders profile to be distinctly highlighted by a color and symbols based on their trade volume and success , it will help promote community growth and a truly stronger win-win fashion.
THE BACKBONE OF THE PROJECT
The main investor of SONATA which is ever ready to provide all the financial resources needed for the completion of the project is Solidní Finance, a.s, a company that has been active in the investment market since 1994. Due to the strong financial support of this company, SONATA’s project development team can fully concentrate on the creation of highly quality product thereby the ICO can be used as a marketing campaign rather than a way of gathering necessary financial resources. Solidní Finance, a.s. cooperates with brokers and stock brokers who are helping the team with user experience testing and they are providing advisory services in processes “behind the doors”. Thanks to these experts with rich experience in the field and also thanks to the technical knowledge of the implementation team, Sonata is a project that will have a strong position on the multi-billion cryptocurrency market.
HOW CAN ONE BENEFIT FROM INVESTING IN SONATA.
1. INCOME FROM MARGIN TRADING
Margin trading is considered as one of the basic tools of trading of any exchange broker. Traders can hereby borrow a leveraged amount of money at market-driven interest rates. In this manner they can invest more and widely increase their profits from their investment. A smart automatic pairing and closing algorithm will help secure both sides of the deal. Traders will thereby pay loan fees both to the exchange and the loaner. 80 % of portion of the interest income paid to the exchange is distributed among Sonata token holders every month. Please, see the interactive chart on SONATA’s webpage to learn more about the potential revenue available for token holders.
2. ADDITIONAL TOKENS GAINED FROM FEES
You can acquire SONT tokens in more ways than by cryptocurrency exchange during the ICO stage of the project. We designed a mechanism that will guarantee that all active users of our exchange platform can get SONT tokens for every transaction they make. The amount of gained tokens will be calculated according to the value of the transaction. Tokens will be distributed fairly. They will be credited to the user’s wallet as soon as the transaction is completed. In total, we will distribute 5 % of all issued tokens, plus the tokens that would not be sold in the ICO stage of the project.
REWARD MODEL
The token distribution mechanism is optimized to reward actively trading users. The estimation of the payback period is based on the system of rewards for investors; to be more specific we base this on daily exchange volume.
EXAMPLE OF REWARDS;
A user trades 1 BTC. This trade will cost him/her 0.19% of the traded value. 50% of this paid fee will be returned back to the user in SONT tokens. These tokens can be further sold or you can hold them to increase your passive revenue amazingly. This way, users can de facto get back the value of previously paid fees. In addition to regular fees from the whole exchange, in the longer term you can receive your own transaction fees back.
3. SYSTEM OF REWARDS FOR INVESTORS
SONATA wants to reward the community of investors and therefore,
SONATA’s exchange fees are redistributed back to them. If you participate in SONATA’s coin offering, you can generate passive income from the exchange fees. The earnings are redistributed every month and your current revenue is displayed in your user profile. Every user can freely transfer the tokens, send them to his wallet outside of the exchange or invest further. Investors are given a transparent and easy-to-track system of rewards.
4. ESTIMATED PAYBACK PERIOD
Estimation of payback period is directly dependent on daily exchange volume of Sonata.
ROADMAP
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 trading and we see enormous 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.
THE CORE TEAM AND ADVISORS OF SONATA PROJECT
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 Odehnalova
Marketing and
Communication
Renata Hadravova
Marketing and PR
Tomas Horak
Exchange expert
Petr Nemecek
Blockchain Expert
Martin Bocanek
Exchange analyst
