Status
SNT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Status (SNT) is a legacy Ethereum-based utility and governance token powering a private Web3 communications and wallet suite launched in 2017. While the protocol retains functioning governance, no critical security vulnerabilities, an active bug bounty via HackenProof, and fully vested tokenomics with no remaining team unlocks, the project exhibits significant indicators of stagnation. Verifiable development activity has diminished sharply, with empty release pages and no confirmed shipping signals in 2025–2026. Community participation has substantially slowed, utility remains narrow, and the asset has suffered severe, unrecovered long-term price depreciation. No qualifying red-flag events (such as security exploits, delistings, or regulatory actions) or fraudulent activities were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Status (SNT)
Status (SNT) is an ERC-20 utility and governance token on the Ethereum blockchain that powers the Status network. Launched in June 2017 by Status Research & Development GmbH, the Status platform combines an encrypted peer-to-peer messaging client, a non-custodial cryptocurrency wallet, and a Web3 decentralized application (dApp) browser designed for private communications.
The SNT token functions within the ecosystem for governance voting and specific application utilities. Governance workflows move from community forum discussions to a dedicated governance portal. The token was issued with completed historical vesting schedules and no remaining team unlocks. However, its economic model has been evaluated as having shallow utility without revenue-sharing mechanisms, alongside minor discrepancies among third-party data aggregators regarding fixed versus uncapped supply metrics.
From a security perspective, Status's original smart contract was audited by BlockchainLabs.nz in 2017 with minor issues remediated prior to deployment, and the project maintains a vulnerability disclosure program alongside a bug bounty hosted on HackenProof. While the protocol has not experienced hacks, exploits, or regulatory actions, it faces challenges including severe, unrecovered long-term price depreciation from its initial launch levels. Additionally, verifiable development and community engagement have slowed substantially, marked by inactive release repositories and a lack of confirmed shipping milestones across 2025 and 2026.