The Status project was launched in mid-2017. Founders K. Bennetts and D. Hope were previously engaged in the development and promotion of a network of applications with more than 20 million downloads. The Status cryptocurrency team has 16 employees.
Characteristics of the Status Network
The Status Network is an OS for desktops and mobile devices:
- with its own decentralized browser;
- with support for encrypted message channels;
- with a user-friendly interface.
Messages are not moderated or blocked. When you use the browser, your browsing history is not available to third parties. Registration on the platform is carried out through the generation of a crypto-key.
The source code is open. Any user with programming skills can make changes and create applications to suit their needs.
The blockchain is based on the Ethereum Network of the ERC-20 standard. It' s trustworthy. Transactions pass between two users without intermediaries. Being a lightweight client node, Status provides access to Ethereum applications (DApps), including cryptocurrencies.
Now, as of the end of 2021, there are more than 2,000 DApps.
The objectives of the Status project are to:
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facilitate the integration of Ethereum applications;
-
optimize the performance and speed of transactions;
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become a western version of WeChat (a voice and text messaging system with an audience of over 1 billion).
The Status network operates its own Snt token, with which users pay for services to access DApps. Other features such as a browser and messaging are free of charge.
SNT cryptocurrency statistics
Buyers have shown high interest in the coin. During the public offering, Snt cryptocurrency raised about 100 million USD on the first day, despite the fact that the founders originally expected to raise 12 million USD within 2 weeks.
Summary
- The number of coins in circulation is 3.47 billion;
- The maximum number of tokens 6.8 billion;
- Number of holders is 87,000;
- Twitter and Reddit subscribers are 137.8 and 6 thousand, respectively;
- 210-220th in the ranking of all coins by capitalization ;
- average daily turnover is 15-17 million USD;
- the value of the token at the start is 0.06 USD;
- historical high of 0.676 USD.
By Q4 2021, SNT is in a prolonged accumulation phase at the rate of 0.09 USD. A pattern based on popular technical indicators suggests buying.
Status Token Prospects
Prospects for growth are good. Cryptocurrencies priced in cents are actively growing and show returns of up to 1000% at times when Bitcoin shows 100%.
In the long term, as the app industry develops and people become more involved in the crypto economy, the token will continue to become more expensive.
Status Mining is not provided. You can buy SNT on trading platforms. To do this, you need to register, as well as to buy a token with a price of USD. Cryptocurrencies priced in cents are actively growing and showing returns of up to 1000% at times when Bitcoin is showing 100%.
In the long term, as the app industry develops and people become more involved in the crypto economy, the token will continue to become more expensive.
Status Mining is not available. You can buy SNT on trading platforms. To do this, you not only need to register, but also to undergo a full verification - to confirm the identity, residential address, and the legality of the funds intended for the deposit. This procedure may take from 2 weeks to 2-4 months.
Quick buy Status
You can buy Status on regulated platforms with a simple interface which provide services for the purchase and exchange of assets - even an inexperienced user will not get confused and make a mistake.
The online exchanger Broex meets these criteria. This is a licensed platform with a simplified verification system and convenient functionality.
The advantages of Broex:
- deposit in rubles and U.S. dollars with a bank card;
- real exchange rate without undervaluation/overvaluation;
- 1% commission for the purchase;
- the ability to exchange SNT for other cryptocurrencies and withdraw the Status to an external purse;
- Russian-speaking interface.
There is access to the formation of a crypto portfolio from your personal account. Transactions are made in the Assets section. Form to buy a coin is located in the center of the page. You can exchange Status in the left module.
To withdraw Snt to an external wallet use the same-name button next to the Buy button. Contact technical support in the chat service if you have any questions. The specialists will give feedback within 2 minutes and help you quickly resolve any difficulties.
