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Status Review

15

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Followers 5

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Average

Revainrating 3.5 out of 5  
Rating 
3.6
Crypto Projects, ERC20

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Description of Status

Status (SNT) is a cryptocurrency and operates on the Ethereum platform. Status has a current supply of 6,804,974,035 with 3,964,807,264.0475416 in circulation. The last known price of Status is 0.02866956 USD and is down -0.30 over the last 24 hours. It is currently trading on 95 active market(s) with $8,648,414.94 traded over the last 24 hours. More information can be found at http://status.im/.

Reviews

Global ratings 15
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Type of review

Revainrating 4 out of 5

About Status

Nowadays, we can say that in order for a cryptocurrency to be massively adopted, it must address a need in users' daily lives. Already aware of this fact, the Status team has developed a network where users can interact with each other, taking into account some statistical data about the industry. You can develop your own decentralized application on the status network. Thanks to Status, which operates as a mobile operating system, users can access decentralized applications on the Ethereum…

Pros
  • Status (SNT) is the cryptocurrency of the open source and decentralized messaging platform.
  • Status is not only a blockchain network but also known as an interface for mobile devices. The Ethereum network-based decentralized messaging platform is actually used as a kind of alarm application for those who want to receive important notifications.
  • Status aims to be the technology and application of the future, beyond just a decentralized messaging and notification network.
Cons
  • none

Revainrating 4 out of 5

In-depth overview and analysis about Status platform.

It operates as an open source platform that facilitates communications via the Ethereum blockchain. As a mobile browser, it connects users with decentralized applications that are accessible and active inside the Ethereum network, giving users access from anywhere in the world to communicate with other parties and work in or on programs that they are looking for via Status. Ethereum's digital identity system, known as ethereum, is one of its most important components, since it enables users on…

Pros
  • A communications platform that is free and open source.
  • Apps that are not centralized.
  • It is completely based on p2p networking technology.
Cons
  • Nothing significant.

This is a totally open source and is made by allies from everywhere the world. The task called Status can be incredible and virtual agreements can be effective with this program, through which everybody can send messages to one another. For instance, there is an open source program that everybody can download. As per these lines, individuals who utilize this program on their telephones can see that all applications called DApp are completely available. Individuals who utilize this framework…

Pros
  • The mix of secure informing, digital currency wallet, DApp store and Web3 wallet is astounding.
Cons
  • The absence of a work environment is irritating.

This is a completely open source and is made by supporters from all over the world. The project called Status can be great and virtual contracts can be successful with this program, through which everyone can send messages to each other. For example, there is an open source program that everyone can download. According to these lines, people who use this program on their phones can see that all applications called DApp are fully accessible. People who use this system. The project, called…

Pros
  • The combination of secure messaging, cryptocurrency wallet, DApp store and Web3 wallet is amazing.
Cons
  • The lack of a workplace is annoying.

Status is a promising venture with an excellent idea, bringing security, removing the force of governments and huge enterprises and returning capacity to the normal populace. It's anything but a break in the imposing business model, so I think the venture is excellent. I prescribe individuals to investigate the retreat of this venture since it will reform the talk of messages. Be that as it may, the venture doesn't yet serve the end client, the undertaking should make acclimations to this or…

Pros
  • It is a generally excellent task and with a creative idea in the realm of cryptography
  • Simple to purchase and exchange
Cons
  • The idea of the undertaking actually doesn't react to the end client

Revainrating 4 out of 5

Review on Status

Status is an informational platform for mobile phone customers to interface with Ethereum and numerous dapps. Status is a distributed courier, decentralized crypto wallet, and a multi-purpose specialized tool that integrates with Web3. The courier allows you to send and receive messages that you do not have. With a shortening of the address, you will no doubt be able to access your crypto wallet. The wallet is very simple to use in case letters: you really want to send receipts and messages…

Pros
  • Buying and exchanging is very simple
  • Its main stage is available on mobile phones
Cons
  • I didn’t face the lack

Status is a promising project with a very good concept, bringing privacy, taking away the power of governments and large corporations and returning power to the common population. It also shows a break in the monopoly, so I think the project is very good. I recommend people to take a look at the retreat of this project because it will revolutionize the chat of messages. But the project does not yet serve the end user, the project must make adjustments to this or the user will have to strive…

Pros
  • It is a very good project and with an innovative concept in the world of cryptography
  • Very easy to buy and resell
  • Without much price volatility even with so much competitiveness
  • Listed in several Exchanges
Cons
  • The concept of the project still does not respond to the end user,
  • App, still needs to be improved for example in user creation.

Revainrating 5 out of 5

Status Messenger

Status is a multipurpose communication tool that combines a peer-to-peer messenger, a decentralized crypto wallet and a Web3 browser. Messenger allows you to send and receive fully encrypted messages without any central server. With the click of a tab, you can easily access your non-custodial crypto wallet. The wallet is very easy to use within the status communication: you will be able to send invoice type transactions and messages. Right now, you are working with Ethereum and ERC20 tokens…

Pros
  • It is not a traditional organization. They have no hierarchy, there are no offices or managers.
  • Status can be downloaded from the iOS App Store, Google Play Store or from its website in direct download.
  • The Status Coin (SNT) is an Ethereum-based token and is traded on multiple exchanges.
  • The integration of a secure messaging platform, cryptocurrency wallet, DApp store, and Web3 wallet is incredible.
Cons
  • It is annoying that there is no desktop app.
  • It has not been given the importance it deserves and it is a project that highly depends on the community.

Revainrating 4 out of 5

More functional and powerful Web3 ecosystem.

Ethereum allows to use and spend various tokens and coins within its network. This is just one of many tokens used across the Ethereum platform that offers many other benefits besides just one token. Network Token is a modular utility network token that runs on the Ethereum network, serving as an open source messaging platform and mobile interface for users to access various decentralized applications capable of doing many things.

Pros
  • Available on the Ethereum network and used as a mobile browser to connect users with actively decentralized applications that allow users to interact with the other party from anywhere and work on the programs they are looking for.
  • Ethereum allows users on the network to have full control over their digital identity in the accounts and to control the personal data and assets shown through digital currency and real money.
  • It enables the user to gain access to a decentralized job market that allows users to work or hire someone at no cost.
  • It allows the artists to share and create their content with the rest of the community, buy insurance policies, and create or interconnect companies without borders.
Cons
  • If it does not adopt a better marketing strategy to gain more exposure for its Web3 related initiatives, a better future is not possible.

Revainrating 5 out of 5

An open source platform for messages.

It is fully built on P2P technologies and serves as a platform for members of the Ethereum community to interact with each other, use applications and more. It has the potential to renew social networks, which is how it breaks the legacy imbalanced architecture of social media platforms that gives almost all control to owners and advertisers and has nothing to do with the user. It seeks to empower users and share the networks on which they have participated.

Pros
  • It acts as a utility token and separates it from the value given to users.
  • And its Messenger form-factor makes it familiar to the average smartphone user.
  • On the other hand, this very feature makes daap a flexible platform for developers, enabling the maximum utilization of the Ethereum public blockchain.
Cons
  • As long as Ethereum survives as a promising platform, it will be worth it and should achieve what it had in mind as a social network empowering the user, unlike legacy networks, it can become a highly profitable one.

Revainrating 3 out of 5

Messaging network built in the Ethereum network

Status is a messaging platform and a mobile browser designed to connect smartphone users with the Ethereum network and a wide range of dapps. His ICO was held in June 2017 and raised more than $ 100 million in less than three hours. Despite having a variety of functions presented on mobile devices, its use has not been projected as it should, since there are projects that are in the market with the same services.

Pros
  • It allows the development of dapps through smart contracts.
  • Its main platform is available on mobile devices
  • Send and receive encrypted messages, smart contracts and payments.
  • Through the SNT token you can become a seller in a cryptocurrency exchange network person to person.
  • SNT available in a large number of exchanges with excellent market liquidity.
Cons
  • Few reviews on its Android version

SNT is a very important project as it serves the purpose of allowing Ethereum community members to interact with each other, use applications within Ethereum and so much more than that. With SNT you have control over your entire digital identity within Ethereum ecosystem, wherever you are.

Pros
  • Status is an interface to access Ethereum, built for Android & iOS. Enjoy encrypted messaging, a cryptocurrency wallet, and seamless access to DApps. SNT is also used as a mobile browser that is meant to connect the user with decentralized applications that are active and available within the Ethereum network. Another exciting feature SNT has is uPort, “plugin” feature that allows you to declare your digital independence which is the core of decentralized platform Ethereum.
Cons
  • Despite its potential it's not well known yet.

The target if Status is a mobile OS based on Ethereum, the limitation of Ethereum will also impact Status, so whether Status will have big impact depends on whether Ethereum would resolve the scale problem.

Pros
  • Good progress for releases last year 2017
Cons
  • Seems good on the target to be a Mobile OS for Dapp