What is Status?
Status is an open source messaging platform and mobile browser to interact with decentralized applications that run on the Ethereum Network.
With Ethereum, we have a path towards a more open, censorship-resistant internet, that puts users control of their own data. For the first time ever, we can create real trustless, permissionless and decentralized systems with fair access.
- The next Coin Offering Day will happen on the 1st of July, 2017.
Built entirely on peer-to-peer technologies, Status provides not only a medium for free trade and communication, but a window to access the decentralized world of Ethereum.
- On its initial coin offering day (June 20, 2017) Status drew more than $50 mil worth of cryptocurrency Ether (approximately $64mil – 182,000 ETH)
Network data points to the creation of approximately 1.63bn tokens, with sales drawn from 3,341 accounts on the ethereum network.
Yet the sale quickly ran into headwinds as users began sending transactions to the announced smart contract address before it began.
Etherscan, a popular ethereum blockchain explorer, had to switch traffic to a backup site amid what founder Matthew Tan called “the mania” among buyers.