What is Status (SNT)?

Modified on Wed, 13 Nov at 11:55 AM

Status is a mobile application that currently runs on Ethereum’s blockchain ecosystem. It is currently in its beta phase and available for trial. Status aims to provide a new social media platform that is based on full privacy through a peer-to-peer network and acts as a gateway for other ERC20 DApps. 


On the messaging/social media platform, users will not have to worry about ads as Status is “ads-free”. Users can pay through SNT for specific ads that they are interested in receiving or pay to make it completely ad-free. 


On the gateway side, Status is similar to Google Play or App Store. Users can access various DApps through the app. Marking the first step into Web 3.0. 

 

SNT, Status network tokens, is the ticker symbol that you will find on exchanges.

 

This digital asset contains the staking function. Investors should study information and risks carefully before making any investment. For more information, please click here.

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