Status is a messaging platform and an advanced mobile browser that enables users to interact with decentralized applications that operate on the Ethereum technology. In Status, customers possess and manage their own information, transactions, and digital identity. SNT is an Ethereum-backed virtual coin that maintains the work of the Status Network. It is a utility token with modular features which ensures the operability of the network. The Status network is cost-free, but users still need SNT coins to access the advanced functionality of the the platform and its apps. SNT owners will also be able to vote on the future direction of the platform and its development as well as influence the decision-making on its changes.