Total Coins: 2938
Total Market Cap: $ 17,132,069,351,466
24H Trade Volume: $ 6,360,673,701
Status Network Token (SNT)
SNT
$ 0.0347081796 ( -5.58%)
Mkt. Cap.
$ 236.18 M
Vol. 24H
SNT 124.43 K ($ 4,471.325)
Open 24h
$ 0.0367611588
Low/High 24h
$ 0.0341307792 - $ 0.0370819368
Last trade
SNT 0 ($ 0) / Binance

Charts price for Status Network Token (SNT)

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Description of Status Network Token (SNT)

Status Network Token Origin

Release Date: June 20, 2017.

Status Network Token was founded by a team of over 40 full time team members. The founders of the Status Network itself are Carl Bennets and Jarrad Hope. SNT is a mobile OS, aimed at changing how the globe works with the ETH network. In essence, it is a decentralized browser as well as a messenger. SNT operates as a light client node on the ETH network. It grants users full access to all of the Blockchains decentralized applications right from the comfort of one’s smart phone.

Status Network Token Functionality

The token effectively changes how social networks function. Users holding SNT tokens become stakeholders in the social network that they participate in. Participants of the Status network remain in full control over the information that they share publicly, and can use SNT tokens to vote on the future developments of the decentralized network.

The SNT network itself is entirely open sourced in addition to being totally free. This is done in order to promote users to assist in building decentralized applications (all Ethereum decentralized applications). Users can choose which nodes on the ETH network they obtain services from, as well as notifications from providers, and ease of setting privacy levels.

Additionally, the SNT project bares a hard wallet, which allows users to send, receive, and store cryptocurrencies without ever having to come in contact with any in-built NFC.