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A Combination Of A Messenger, Crypto-Wallet, And Web3 Browser.
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Status (SNT) aims to build an "open-source,privacy-focusedoperations system for the Ethereum ecosystem".
Status uses the peer-to-peer protocol Whisper and end-to-end encryption to protect communication from third-party interference.
Besides the messenger, the project also provides a cryptocurrency wallet, which supports ERC-20 and some ERC-721 tokens along with a built-in web3 browser. The browser helps the public interact with decentralized applications on the Ethereum blockchain.
The SNT token is used as the payment method for all the services provided in the Status ecosystem.