Status is a browser, messenger, and gateway to a decentralised world. Status is an open source messaging platform and web 3.0 browser, designed to interact with Ethereum dapps. Built using decentralized technologies, Status targets the emerging decentralized web. In an ecosystem of decentralized applications, Status wants to act as a gateway for peer-to-peer payments, and encrypted p2p communication for anyone with a smartphone and internet access.
The Status ICO started in June 2017.
The Status Network Token is a modular utility token that fuels the network. By default, Status is free to use and communicate with, but you need SNT to access certain features of the Status Mobile Ethereum Client.
This coin, which is technically referred to as the Status Network Token (SNT), is the official cryptocurrency of a soon-to-be-released smartphone app called – you guessed it – “Status.” The platform was built on top of the Ethereum network and allows its users to do some cool stuff.