Status (SNT) is regarded as a decentralized cryptocurrency that works as a messaging platform. It is both developed for desktop as well as a mobile interface. It actively interacts with the dApps that are backed by the Ethereum blockchains. They are built on P2P technology to provide better control and accessibility.
It allows easy access, browsing, and smooth interaction with the dApps integrated into the blockchain on Ethereum. The primary purpose of this was to send and receive encrypted messages and work well with a digital crypto wallet. In addition, it aims to promote the use of the Ethereum network.
Status has many features that are adored by crypto lovers. It can make life easier for everyone and there are chances that people will adopt this technology quickly. An increased adoption for the technology will lead to the value of SNT currency rising.
The Status Coin is backed by the Ethereum blockchain and provides a more accessible and secure exchange. You can use them in the following ways.
Provides a safe and encrypted messaging platform.
It is available as both a phone application and a web application.
Allows users to create an audience that is not limited by borders.
Allows better control and monitoring of the marketplace.
Provides digital independence to the users by using the uPort plugin.
It is a platform that is community-based.
Any supporting commodity does not back the SNT coin.
To get push notifications, you’ll have to pay a small fee.
The Status Coin was available for crowd sale in July 2017. It amounted to $99 million within hours, whereas the initial cost was $0.50. The initial cryptocurrency that accepted SNT Coin was the Ethereum token.
The Token price was kept at 10000 SNT for 1 Eth. The primary role of the token was to increase utility. A total of 120% of the stock was sold, as the ICO only provided stocks worth $90,000,000 but received a response of $107,660,000.
Jarrad Hope and Carl Bennets founded the Status (SNT) coin in January 2017.
The market cap of SNT cryptocurrency is EUR 278,651,269.
The market rank of SNT is currently situated at 156.
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Status (SNT) is regarded as a decentralized cryptocurrency that works as a messaging platform.
385 Cr. SNT
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