What is Status (SNT)? All-in-One Platform for Web3

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Bittime - In this digital era, privacy and control over personal data is becoming increasingly important. Status (SNT) is an innovative solution, offering a secure and encrypted decentralized communications platform. 

This platform allows users to exchange messages, carry out financial transactions, and access dApps (decentralized applications) freely and without intermediaries.

What is Status (SNT)?

Status (SNT) is a decentralized communications platform that allows users to:

• Send encrypted messages securely
• Make payments and financial transactions
• Accessing and using dApps (decentralized applications)
• Participate in communities and DAOs (Decentralized Autonomous Organizations)

Status was founded in 2017 and launched in 2019. The platform is built on the Ethereum blockchain and uses SNT tokens as its fuel.

Status Key Products & Features (SNT)

• Status Messenger: A secure and decentralized encrypted messaging platform.
• Status Wallet: A crypto wallet that allows users to store, send, and receive SNT tokens and other ERC-20 tokens .
• Status Browser: A decentralized web browser that allows users to access dApps across multiple blockchains.
• Status Keystore: A secure key storage solution to safeguard users' crypto assets.
• Status Communities: A platform for building and joining decentralized communities.

What is SNT Token?

Status Token (SNT) is an ERC-20 token used to:

• Send encrypted messages on Status Messenger.
• Pay transaction fees on the Status platform.
• Participate in Status platform governance (SNT).
• Stake to get prizes.

Also Read How to Buy Crypto:

Tokenomic Status (SNT)

• Total Supply: 3,470,483,788 SNT
• Circulating Supply: 3,470,483,788 SNT
• Market Cap: IDR (as of 26 February 2024)

Status Fundamental Analysis (SNT)

• Team: The Status team consists of experienced people in the fields of blockchain and financial technology.
• Technology: Status uses advanced blockchain technology to deliver a secure and decentralized platform.
• Community: Status (SNT) has an active and rapidly growing community.
• Adoption: Status has been adopted by thousands of users worldwide.

Status Comparison (SNT) & Competitors

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Founder & Team Status (SNT)

• Carl Bennet: CEO and Co-founder
• Jarrad Hope: CTO and Co-founder
• Michael Bentley: CMO and Co-founder
• Anatoly Yakovenko: Advisor

Expert Opinion About Status (SNT)

• Tom Lee, Fundstrat Global Advisors: "Status is one of the most exciting blockchain projects I'm working on."
• Tim Draper, Draper Fisher Jurvetson: "Status has the potential to revolutionize the way we communicate and transact."
• Marc Andreessen, Andreessen Horowitz: "Status is one of the most promising blockchain projects I see."

Status Conclusion (SNT)

Status is a decentralized communications platform that has huge potential to change the way we communicate, transact and interact with the online world. The platform has a strong team, advanced technology, and a fast-growing community.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What is IDEX (IDEX)? Advanced DEX Solution for a Safe and Efficient Trading Experience

What is Litentry (LIT)? Future Digital Identity Solutions in the Web 3.0 Era

What is Reserve (RSV)? New Challenger in the Stablecoin Battle

DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.