Getting to Know Status (SNT): A Decentralized Messaging Platform on the Ethereum Network

Bittime - Status (SNT) is an innovative, open-source messaging platform that leverages Ethereum blockchain technology to bring a decentralized experience to smartphone users. 

With features such as interaction with decentralized applications (DApps), community-based governance, and modular utility tokens, Status is designed to make the Ethereum ecosystem more accessible to everyday users.

What is Status (SNT)?

Status (SNT) is an open-source messaging platform and mobile interface that allows users to interact with decentralized applications (DApps) running on the Ethereum network. 

Status was developed with the aim of making it easier to use Ethereum through a message format familiar to smartphone users, while giving DApp developers the flexibility to create applications that can be used every day.

Read also: Catizen's CATI Token: Tokenomics, Distribution, and Roadmap

Status Uniqueness (SNT)

Status is not just an ordinary messaging application. It is the first mobile Ethereum client built entirely on peer-to-peer technology. 

With Status, users can access a variety of decentralized applications, interact with the community, and manage crypto assets directly from their mobile phones.

Fungsi Token Status Network (SNT)

SNT is a modular utility token that powers the Status network. Here are some of the key functionalities of SNT in the Status ecosystem:

1. Decentralized Push Notification Market: Users can pay with SNT to get decentralized notifications that do not depend on a central server.

2. Governance: SNT holders have voting rights in Status app development and governance decisions, giving users more control over the platforms they use.

3. Community Curation: SNT is used to curate content within the platform, allowing users to select content that is relevant and useful to the community.

4. Tribute to Talk: This feature allows users to pay with SNT to have their messages received by a more exclusive set of recipients, keeping communications focused and relevant.

Additionally, there are several other interesting features proposed in the Status ecosystem, including:

• Teller Network: A fiat-to-crypto network that makes it easy for users to buy and sell crypto.

• DApp Directory: A decentralized application directory that can be accessed directly via Status.

• Sticker Market: A marketplace for digital stickers that can be bought and sold using SNT.

SNT Token Distribution

Network Status Tokens (SNT) will be distributed during the contribution period, where participants can earn 10,000 SNT for every 1 ETH they invest. 

This contribution period lasts for 14 days or until the maximum limit of 12 million CHF (Swiss Francs) is met.

Conclusion

Status (SNT) offers more than just a messaging app. This is an ecosystem designed to bring smartphone users closer to Ethereum blockchain technology. 

With a variety of features focused on decentralization and direct interaction with DApp applications, Status is the ideal solution for those who want to experience the full experience of the decentralized world on their mobile devices.

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 How to Buy Crypto on Bittime.

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