Future Platform Developments
Creating the go to Solana trading platform
To establish trust right of the bat, the v1 version of the Soltrader platform launches before the launch of the $SOLTRADER token. As such, users can test and use our fully working utility before launch. The Soltrader platform in its initial stages aims to provide a gateway for Ethereum users to access the success and outperformance of tokens on the Solana chain. As such, users can seamlessly bridge from Ethereum, trade Solana tokens swiftly and transfer to other Sol wallets with an easy-to-use Telegram bot in just a few clicks. Eventually, we want to create the go to trading platform on Solana, giving investors access to invaluable data to assess new tokens on their potential for success and create the fastest and most used Telegram-based trading tool for investing on the Solana chain. As such, the below initiatives are part of our near- to mid-term development plans. 1. New launch notifications (est. 2-3 weeks after launch) With deployment costs of the Solana network being significantly lower versus the Ethereum Mainnet, hundreds of new tokens launch on the chain every day. For investors, it's therefore hard to assess new token launches and improve their investment timing. As such, one of the key priorities in terms of further development of the Soltrader platform is the addition of a channel for new token launches. This channel, which will enable investors to get notified of new launches on the Solana chain, will be combined shortly after with a token analyzer, as detailed in the next paragraph. 2. Token analyzer (est. 3-4 weeks after launch) One of the most important and popular utilities emerging on the Ethereum Mainnet and Binance Smartchain are token analyzers. These analyzers rate/review new launches on various aspects, including supply, taxes, snipers targeting the launch and potential malicious functions that can be called. As a top priority to add to our new launch notifications channel and to be used in external groups, we will create a token analyzer tool to scan new launches on aspects that can influence their success. 3. Automated new launch sniping (est. 1-2 months after launch) In its initial form, the Soltrader Telegram bot is meant for users who are used to the Ethereum Mainnet to bridge tokens and start trading on the Solana chain, not having to rely on slow or broken existing options on the Solana chain. One of the most important aspects of our platform is a trading tool, which enables investors to perform trades on the Solana chain using our bot. This is valuable, as current options to trade on Solana using Telegram are scarce and often do not work well. As we progress with our development, this trading tool remains of key importance for the project, and the most important addition to this element is a sniping tool, which will enable investors, as Maestro and BananaGun do for Ethereum launches, to be the first to buy any new Solana launch automatically using a snipe 'setup'. Got any recommendations on aspects we should add to our platform? Reach out to one of our team members through our official Social Media channels, as highlighted in the last chapter of this whitepaper.
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