We are achieving this by building the first decentralised operating system for Web3, that empowers any user with the right tools to get the most out of DeFi and grow their wealth – within a single simplified environment
A safe harbour to start exploring, continue enjoying, and finally conquer, any corner of the Web3 multiverse – without the mess;
all powered by our native $PING token.
OUR JOURNEY
Sonar grew from a small group of 200 traders and crypto currency enthusiasts that set up a telegram group to jointly learn and support each other, to safely navigate the Web3 space.
That same group grew quickly to +17,000 members all looking at how to solve the problems with web3 and realising that a more advanced solution was needed.
This need, driven by broadminded curiosity and combined with cutting-edge technology and the desire to propel an industry formed the roots for Sonar and gave birth to the first layer-3 ecosystem for decentralised finance, which eliminates all barriers to mass adoption through our product suite.
Obviously nobody could have predicted that 2022 would be marred by war, recession, inflation, and the collapse of crypto giants (like FTX and LUNA) and later followed by banks collapsing and the SEC challenges in regulating cryptocurrency.
None of this deterred Sonar however, and while such harsh times might be painful, they also present us with incredible opportunities. Each aspect of life is governed by a cyclical nature, and the financial world is no different. After all, “Millionaires are born in bears and made in bulls.”
So Sonar continued in stealth mode, focussed on building solutions and foregoing any marketing; keeping our community updated but not reaching out to the rest of the world. We built, and released Sonar Studio in August ‘22, our proprietary indexing in October ’22 and our Sonar Wallet in December of the same year. Putting in place all of the cornerstones of our platform, supported by real-time, on-chain data that feeds all major aspects of our platform..
Next up
The Future is Sonar
As with all things, concepts evolve over time. As we were building out our vision, we adjusted to cater to market dynamics, shifting perceptions, and real-world events taking place during the past two years.
This has created a better understanding of the future needs of our space and has led to better defined vision:
All while maintaining our core vision of bringing to life a fair, decentralised internet, helping people of any background, ethnicity or education gain access to decentralised finance and introduce them to the possibilities that DeFi can bring for their financial future.
With our upcoming move to Arbitrum and the completion of our official V1 release around the corner we are well set for the next changes in market dynamics and to start onboarding the next waves of cryptocurrency adopters.
How the smartphone transformed telecommunications, Sonar will transform the digital economy.
It is a smart wallet, it is a smart portfolio, it is a smart assistant.
It is Sonar.
Jacob Camilleri
CO-Founder / CEO
7+ years of experience in urban planning, sustainability, civil infrastructure and project management in regulated environments. 6 years+ of experience in trading and traditional finance which has been transmitted into crypto and DeFi.
Michael Wood
CO-Founder / CFO
15+ years Commodities/Derivatives market expertise, international/intergovernmental relations expert, top-level UN consultant, Blockchain-based ERP architect, serial founder.
Cristiano Troffei
CO-Founder / CTO
20 years in product design and development. Award-winning UI/UX expert, bootstrapped previous venture to 1,000,000 users.
Iwan Spillebeen
Chairman & COO
25+ years in various C-level positions in large scale multinationals, and startups, founded 3 blockchain companies.
