Status is a blockchain based mobile platform that allows one to navigate through Ethereum’s dApps similarly to how one would navigate Google’s Play Store or Apple’s App Store. As Ethereum curren
tly boasts over 1700 dApps, one can see how Status can come in handy.
Status also features a messaging app similar to Telegram, and you can send and request ETH. The platform is still in development , so only text messages are available, without the option of sending pictures or videos.
SNT is the native token of the Status platform, which as voting power to holders and the fuel that powers the blockchain. SNT can be spent as microtransactions for features on the network, such as push notifications, reserving a username, messaging and moderating chat rooms.
Status managed to raise $100 million worth of Ether in its ICO round that took place in June 2017, being one of the most successful ICOs of that tim.
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