status logo
Status
SNT
$0.02

Sector

Privacy

Exchange Debut

2017-06-28

Market Cap

95,362,044

Maxim Supply

Circulating Supply

3,960,483,788

Circ. Supply(%)

status logo

Status

SNT

Price

$0.02

Market Cap

Sector

Exchange Debut

95,362,044
2017-06-28

Volume 24h

High 24h

Low 24h

4522470
0.024918911974
0.023408412461

Change 24h

Change 7d

Change 30d

-2.4823
-4.8087
-9.0196

Maxim supply

Circulating supply

Circulating supply(%)

3,960,483,788

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Status – SNT cryptocurrency:

 

Status (SNT) is an innovative mobile and desktop operating system integrated with a decentralized browser and messaging system. Launched in June 2017, it serves as a light client Ethereum node, offering access to a myriad of Ethereum DApps directly from mobile devices. This facilitates encrypted messaging and seamless interaction with various decentralized applications, including a crypto wallet. Despite its comprehensive features, the fundamental analysis of the Status – SNT cryptocurrency reveals a mixed performance, with an overall score of 5.88 out of 10.

SOCIAL & MASS MEDIA: Score 4.5 out of 10

The social and media aspects of Status (SNT) present a varied landscape. The project has demonstrated moderate effectiveness in attracting social media followers and engaging administrators, each earning a score of 5 out of 10. However, it struggles significantly with community activity on social media pages and chat group communities, both scoring a low 1 out of 10. In contrast, its presence in the media is commendable, achieving a perfect score of 10 out of 10.

AUDIT & SECURITY: Score 6.15 out of 10

In terms of audit and security, Status scores a respectable 6.15 out of 10. Audit results indicate a reasonable level of security with a score of 6, and liquidity on exchanges is strong, scoring 8 out of 10. However, transparency of information available to the public could be improved, as reflected by a score of 5.

TOKENOMICS: Score 6.75 out of 10

The token economy of Status is relatively solid, with an overall score of 6.75 out of 10. The project scores 7 for managing inflation and 6 for the centralization of its monetary mass. This indicates a balanced approach to token distribution and inflation control.

ECOSYSTEM DEVELOPMENT: Score 4.8 out of 10

Ecosystem development is an area where Status could improve, scoring 4.8 out of 10. The achievement of objectives is somewhat lacking, reflected in a score of 3, and future development plans score only slightly higher at 4.

TEAM & DEVELOPERS: Score 7.2 out of 10

The team behind Status is skilled, as indicated by a score of 7.2 out of 10. Their experience is rated at 6.5, but the number of software developers is highly commendable, earning a perfect score of 10.

PRODUCT & UTILITY: Score 6.32 out of 10

In the realm of product and utility, Status scores 6.32 out of 10. The utility of the product is recognized with a score of 7.2, suggesting effectiveness in meeting user needs. However, the utility of tokens within the ecosystem scores a lower 5 out of 10, indicating room for enhancement.

PARTNERS & INVESTORS: Score 6.3 out of 10

Partnerships and investor support for Status are moderately strong, with an overall score of 6.3 out of 10. Both the number and capacity of investors, and the number and quality of partners score slightly above average, at 6 and 6.6 respectively.

Fundamental analysis of the Status – SNT cryptocurrency – The final conclusion

Considering the scores obtained from the fundamental analysis of the Status – SNT cryptocurrency, the project presents a balanced profile with strengths in team expertise, product utility, and media presence. However, challenges in ecosystem development, community engagement, and token utility need addressing. From an investment perspective, Status offers a moderate risk profile with potential for growth, especially if it effectively addresses its weaker areas. The diverse capabilities of its platform, coupled with a strong development team, position it favorably for future advancements in the crypto space. However, potential investors should closely monitor its progress in community engagement and ecosystem development to gauge its long-term viability.

What is Status?

 

Status, known as SNT, is a versatile operating system compatible with both mobile and desktop devices. Launched in June 2017, it integrates a decentralized browser and a messaging system. This unique combination enables users to interact with the network from any location at any time.

Core Features of Status

The platform functions as a light client Ethereum node, offering access to a plethora of Ethereum decentralized applications (DApps) via a mobile app. This capability allows for encrypted messaging and the utilization of various DApps, including a cryptocurrency wallet, directly from a user’s mobile device or tablet.

Founders and Their Vision

Status was conceived by Carl Bennetts and Jarrad Hope, who previously managed a software distribution company. Their extensive experience, which includes driving over 20 million software installs, informed their understanding of internet data dynamics and user acquisition. The profits from their previous ventures were reinvested into developing Status.

Uniqueness and Utility of Status

Status distinguishes itself as an open-source messaging platform and a mobile interface for interacting with DApps on the Ethereum blockchain. With over 2,000 DApps accessible, it facilitates encrypted peer-to-peer messaging, payments, and smart contract operations. The platform’s native currency is the Status Network Token (SNT), instrumental in fostering Ethereum DApp adoption. Additionally, it features a user-as-stakeholder model, aligning network behavior with user interests, supported by crypto-economic research and peer-to-peer technologies.

Security and Privacy Measures

Status prioritizes decentralization in its communication tools, aiming to eliminate third-party involvement and minimize vulnerabilities. It ensures message security through pseudo-anonymity options, end-to-end encryption, and protocols like Waku for P2P communication. User identities are secured by locally generated cryptographic keypairs, and the wallet’s non-custodial nature safeguards cryptocurrencies against phishing attacks.

Fundamental analysis of the Status - SNT cryptocurrency

Status - SNT performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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