Status
Name
Status
Summary
Status is a mobile operating system that combines a decentralized browser and private messenger for the Ethereum network.
Safely send, store and receive cryptocurrencies including ERC20 and ERC721 tokens with the Status crypto wallet.
It was originally released in June in 2017.
Rating
Symbol
SNT
Overview
Status, or SNT, is an open-source messaging platform as well as a mobile interface. This interface allows its users to interact with DApps running on the ETH blockchain. In return, users get over 2,000 DApps, can send and receive encrypted messages on a peer-to-peer basis and can make payments as well as utilize smart contracts.
There is also a users-as-stakeholders network that allows the behavior of the network and its software to become aligned with the interests of a specific user. The contributors conduct research on a crypto economic model, and peer-to-peer technologies can ensure a healthy Status Network.
Historical Price Movement (in INR)
Technology
The secure messenger is actually a communications network and is optimized for privacy, security, and censorship resistance. Status currently utilizes the Whisper protocol to provide message transport in a decentralized way while also providing obfuscation of routing information. All messages are then end-to-end-encrypted so that only the users and their intended recipients can read the contents.
The wallet manages a user's Ether and associated tokens to provide a single interface for users to manage their funds. It is also accessible inside the messenger, to allow the functionality of sending and receiving digital assets in conversations. As with the messenger, the wallet is optimized for security, all interaction requires verification on the application side so that the user can be sure they are interacting with who they think they are in the way they intend.
The web3 browser allows a user to safely and securely browse decentralized applications on Ethereum, linking their preferred wallet account to interact.
Use of Native tokens in the ecosystem: The network itself uses Status Network Tokens, or SNT, that are the native currency on the platform.
Core Development
50%
Security
15%
Operations
15%
Marketing & Legal
20%
Volume ( as of 9th May 2022)
$9,295,889
Total Supply
6,804,870,174 SNT
Circulating Supply
3,940,483,788 SNT
Crowd Sales
16-06-2017-ICO- $107M
Funding
NA
Country
Switzerland
Name of Organisation
Status Research & Development GmbH
Year Incorporated
2017
Registered Address
Baarerstrasse 10 6302 Zug
Dispute Resolution and Governing Law
Switzerland
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
Carl Bennetts | Co-founder | - | 12 yrs |
Jarrad Hope | Co-founder | - | 12 yrs |