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tatus (SNT) is a decentralised utility token that powers Status Network, an open source messaging platform and mobile interface built to facilitate interaction with Decentralised Applications (DApps) on the Ethereum blockchain. Launched on June 20, 2017, Status combines a familiar messenger interface with a flexible platform for DApp developers, thereby promoting the Ethereum blockchain's daily usage. The Status Network token serves various functions within the network, including a decentralised Push Notification Market, governance, community curation, and social communication tools. It aims to address the existing issues in social networks while providing a user-as-stakeholder model that aligns the interests of users with the network's evolution.
