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What is Status?

Status is an open source, decentralized social app.

Engage with Web3, friends and the blockchain all in one place. 

Status’ main features include:

• Joining and building communities
• Messaging
• Wallet

SocialFi is a hot new narrative in crypto. And decentralized social media gives you full control and access to your data. Traditional social media has become unmeritocratic, leaving many wondering how it can be better. Decentralized technologies have created a more transparent playing field. 

Status offers their own hardware wallet for crypto assets and NFTs. It is called Keycard and is described as “safest, simplest and most secure hardware wallet available”.

It is seamlessly integrated with the Status apps to give you assets on management on the go. They are incredibly accessible too, priced at €24.90.

It is a light client node of Ethereum, which gives users full access to decentralized applications built on the network.

Each version of Status, whether it be on desktop or mobile devices, comes with different features and capabilities.

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The Status token

The native token of Status is SNT.

It is an ERC-20 token built on Ethereum used to power the Status ecosystem.

Users who hold SNT tokens are able to govern the community and have a say in the developments. You are also able to stake the token for additional SNT awards.

You can also create your own Ethereum Name Service domain addresses with SNT token.

Status Genesis Tokens can be redeemed by community providers for SNT tokens. They are given to users who contribute to the community by the Status team. It acts as an ERC-20 token.

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Tokenomics:

• 41% - public contributors
• (Up to) 10% - Status Genesis token holders
• 20% - Status Core Dev
• 29% - reserve for future stakeholders

SNT’s market stats:

• Current market cap: $178,607,828
• Circulating supply: 3,971,004,245 SNT
• Max supply: 6,804,870,175 SNT
• Twitter: 150,179 followers 

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Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Cryptology will make its best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, Cryptology adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.