$SNT

SNT Coin, or Status Network Token, is the native token of the Status platform, issued on June 29, 2017, with a total supply of 6,804,870,174 SNT. Status is an open-source chat platform and a mobile browser supporting decentralized applications (dApps) on Ethereum. It features a built-in wallet, an instant messaging communication app, and a DApp browser that enables users of Ethereum's decentralized protocols to send encrypted messages, smart contracts, and digital currencies to each other.

The SNT token is utility-driven, serving the Status network, and can be used for decentralized push notification markets, community management, TributeToTalk, and attention beacon. The goal of the Status project is to provide users with a secure and private communication tool while supporting the browsing and usage of decentralized applications (DApps). As the core token of this platform, SNT aims to facilitate transactions and interactions within the platform.

The main functions and application prospects of SNT Coin include:

• Peer-to-peer encrypted instant messaging, allowing users to chat with others and choose from various public groups in different languages.

• A DApp browser, where users can access a list of supported DApps in Open DApp, which is essentially a link redirection feature.

• Peer-to-peer cryptocurrency trading and payment functions, allowing token transfer capabilities in chats, currently supporting only ETH and SNT tokens.

• A built-in wallet for storing cryptocurrency assets. Status is a light wallet application based on Ethereum that connects ordinary people to Ethereum, providing users with a simple application interface that allows everyone to access the entire Ethereum ecosystem from anywhere.

The market demand and growth potential for SNT Coin are rising with increasing public attention to privacy protection and data security, leading to a growing demand for decentralized communication tools. As an important participant in this field, SNT Coin is expected to realize value enhancement by leveraging the growing user base and market demands. With the maturation of blockchain technology and the expansion of application scenarios, the growth potential of SNT Coin continues to strengthen.