What Is Status?

(SNT) is an open-source messaging platform and mobile interface that allows users to interact with DApps running on Ethereum (ETH) blockchain. It works like Play Store for Android or App Store for iOS applications, except it is built entirely on peer-to-peer (P2P) technologies. Every user can use Status (SNT) to - Access, browse and interact with over 2000 Ethereum DApps, - Send and receive encrypted P2P messages, Use it for payments and smart contracts and store and control private crypto-assets in the Status wallet. The Status Network uses Status Network Tokens (SNT), which are the native currency of the platform. Apart from the app, the Status community also builds infrastructure tools which empower everyone to join the community and build a better web together. The main platform’s components are Incubate, Embark, Studio, Nimbus, and Keycard.