When was Status(SNT) coin issued?

Status Network Token (SNT) was issued through an Initial Coin Offering (ICO) in June 2017, raising $73.5 million.

Dec 09, 2024 at 05:04 pm

When Was Status (SNT) Coin Issued?Introduction:

Status (SNT) is a decentralized messaging and communications platform built on the Ethereum blockchain. It offers a range of features, including secure messaging, decentralized applications, and a marketplace for digital content.

Timeline of Status Coin Issuance:1. Concept and Development (2014-2017)

Status was conceived in 2014 by Carl Bennetts, Jarrad Hope, and Chris Coyne.
The project received funding from a successful crowdfunding campaign in 2017, raising over 97,000 ETH (approximately $30 million at the time).

2. Token Issuance (June 2017)

The Status Network Token (SNT) was issued through an Initial Coin Offering (ICO) in June 2017.
The ICO sold 350,000,000 SNT (60% of the total supply) at a price of $0.21 per token, raising a total of $73.5 million.

3. Launch of Status (November 2017)

The first version of the Status decentralized messenger was released in November 2017.
The app initially supported basic messaging, token storage, and Ethereum network interactions.

4. Mainnet Launch (January 2019)

Status launched its mainnet in January 2019, marking the full transition to a decentralized platform.
The mainnet introduced features such as Whisper (encrypted messaging), the Status Marketplace, and support for decentralized applications (dApps).

5. Network Expansion and Updates (2019-Present)

Status has continued to develop and expand its network, adding new features and partnerships.
Notable updates include the integration of Ethereum Name Service (ENS), support for non-fungible tokens (NFTs), and the introduction of the Status Developer Kit.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Bitcoin, eCash Fork, and Airdrop Dynamics: A Deep Dive into Crypto's Latest Controversies
2026-05-03 12:55:01
Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
2026-05-02 12:45:01
Fed Holds Rates Steady, Triggering Bitcoin Price Drop Amidst Geopolitical Tensions
2026-05-01 06:45:01
Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
2026-05-01 00:45:01
MegaETH's MEGA Token Hits the Big Apple: Setting New Performance Benchmarks for Real-Time Blockchain
2026-05-01 00:55:01
Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
2026-05-01 06:45:01

Related knowledge

How to withdraw crypto profits to bank account legally?

Jun 27,2026 at 04:59pm

C2C Trading as the Primary Legal Channel1. Under current regulatory enforcement in mainland China, direct bank transfers from crypto exchanges to pers...

How to fix crypto deposit not credited to exchange account?

Jun 26,2026 at 07:59pm

Network Confirmation Delays1. Blockchain transactions require a specific number of confirmations before an exchange credits the deposit to your accoun...

How to buy Bitcoin with low fees in 2026? Best exchanges compared

Jun 26,2026 at 08:19pm

Market Volatility Patterns1. Bitcoin price swings often exceed 15% within a 24-hour window during major macroeconomic announcements. 2. Altcoin correl...

How to fix wrong network transfer in crypto transactions?

Jun 27,2026 at 04:19pm

Market Volatility Patterns1. Bitcoin’s price movements often reflect macroeconomic signals such as interest rate announcements and inflation data rele...

How to withdraw crypto from MetaMask to Binance? What network to choose?

Jun 27,2026 at 12:20pm

Market Volatility Patterns1. Bitcoin price swings often exceed 5% within a single trading session during periods of low liquidity. 2. Altcoin correlat...

How to trade crypto spot vs futures differences explained

Jun 26,2026 at 09:59pm

Spot Trading Mechanics1. Spot trading involves the immediate exchange of cryptocurrency for fiat or another digital asset at the prevailing market pri...