What is Status?
Status is an open source messaging platform and mobile browser to interact with decentralized applications that run on the Ethereum Network. You can check out here https://status.im/
The Status Network Token (‘SNT’) will be distributed at a rate of 10,000 SNT per 1 ETH to
participants in the Contribution Period, and is expected to begin on June 20th. The
Contribution Period will run for 14 days, or within 24 hours of the first ceiling of 12M CHF
(Swiss Francs) having been reached.
FIRST CEILING - 12M.. maybe have second.. so it will be total 24 M CHF around 24 M USD. same same. with 10.000 SNT per 1 ETH so maybe total marketcap will be (24.000.000/350)*10000 = 685 million coin.
This is a good coin with cheap price. Small marketcap with many feature. ! Dont miss the train. BAT is good example for this ICO
Legitimate project.
Legitimate use case.
Legitimate...
Passes my BS detector Smiley :D
Not sure if I will be investing, I find it very hard to trust any team that doesn't have a bitcointalk ANN where they can be asked questions and defend their product.
Status looks interesting. I hope it's not a scam. I think I will partake in the ICO.