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Status (SNT)

As described in the their whitepaper, Status is “an open source messaging platform and mobile interface to interact with decentralized applications that run on the Ethereum Network.”

Just like how browsers provide the gateway to websites, Status provides a gateway to decentralized apps and services. Status wants to build a digital hub where you can use various services based on the Ethereum network such as Aragon and Gnosis.

Status launched in June 2017 after a very successful ICO where they raised over $100 million. Shortly after their ICO, Status announced the appointment of former Google product manager Nabil Naghdy as their Chief Operating Officer and released the Status Hardware wallet.

For more details on Status project including the history, team and challenges see: “What is Status?“.

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