[SNT] Official Status Network Speculation

[CryptoPro3]

I couldn't find a thread on the upcoming Status ICO so I thought I would start one.

Any thoughts on Status token ICO? From the whitepaper - "It's an open source messaging platform and mobile browser to interact with decentralized applications that run on the Ethereum network."
 
I like the idea of using a WeChat style app for connecting all the users with the whole Ethereum ecosystem and DApps. It also has a good team/community behind it. On the other hand, I see some potential issues:

Adoption - With users having to buy and hold tokens (admittedly not a large amount but still) in order to receive push notifications, this might dissuade a large number of casual users to join.

Established competitors - What's stoping another well established messaging app like Kik to adopt blockchain technology and offer access to Ethereum services themselves, while also having the support of their massive userbase?

A few thoughts to play around with...

A) What problem do you think this dapp solves?
B) Who are it's competitors
C) Do you think the value with rise after this ICO, if so how much?
D) Will you be investing?

EDIT: Title has been changed as the ICO is currently over and we are now ready to speculate regarding SNT prices, prediction, etc

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[vlad06]

What's the total supply? I saw that 1 ETH gets you 10,000 SNT, which makes me think there will be billions of the fuckers.

[shinratensei_]

A) What problem do you think this dapp solves?

You should ask this question with the team, but in my opinion to discover the decentralized economics.
Source : https://status.im/

B) Who are it's competitors

There is no a competitor for status project right now.

C) Do you think the value with rise after this ICO, if so how much?

It will probably reach 2x -3x after the exchange already listed SNT token. BAT can be a good example for you.

D) Will you be investing?

Yes, but just want to throw a little buck.

[Euro1000]

By now I was not able to find a lot of discussions threads on this.
ICO will start in some days but no discussions are going on ...

[turquaise]

they are partner of bancor. i think they already have investor and they don't need to make campaign here. but its better than war with whales. i will invest.

[raymonddaf]

I couldn't find a thread on the upcoming Status ICO so I thought I would start one.

Any thoughts on Status token ICO? From the whitepaper - "It's an open source messaging platform and mobile browser to interact with decentralized applications that run on the Ethereum network."
 
I like the idea of using a WeChat style app for connecting all the users with the whole Ethereum ecosystem and DApps. It also has a good team/community behind it. On the other hand, I see some potential issues:

Adoption - With users having to buy and hold tokens (admittedly not a large amount but still) in order to receive push notifications, this might dissuade a large number of casual users to join.

Established competitors - What's stoping another well established messaging app like Kik to adopt blockchain technology and offer access to Ethereum services themselves, while also having the support of their massive userbase?

A few thoughts to play around with...

A) What problem do you think this dapp solves?
B) Who are it's competitors
C) Do you think the value with rise after this ICO, if so how much?
D) Will you be investing?

Ill be investing but Kik has announced they will be implementing Kin - http://www.newsbtc.com/2017/05/28/kik-kin-cryptocurrency-ico/

[stefek99]

Legitimate project.

Legitimate use case.

Legitimate...

Passes my BS detector

[thecryptoconsultant]

Kik has announced Kin, but I see it as a positive and free media exposure for Status. This project is going to achieve something better than kik as they have the support of the Ethereum community. Ethereum community has an interest in Status being a success.

When the potential Kik investors will do their due diligence, they will see Status and understand that Status coin can be a licorn.

https://www.youtube.com/watch?v=Je7yErjEVt4

What is your favourite feature described in the video?

I will take part in the ICO.

Victor

[vlad06]

Total supply anyone?

[thecryptoconsultant]

About 50 m, there is a new cap system to prevent big whales to have big positions. The system is set up so ethereum lovers are going to hold on to the coin. They aim to have quality contributors who will care about the product.

They plan to raise about 12 m usd.

Victor

[thecryptoconsultant]

A status is like tomorrow's operating system in a mobile world where ethereum is like electricity
B Kin, but no worry because its a closed environment so Kin won't go viral
C after 150 m for Bancor an ico for 12m is cheap
D yes I will

[DrMatrix]

Not heard of Status before, I see it is launching 3 days from now.

Thanks for the heads up, going to look into it.

[styca]

I think it seems promising. I need to look into it some more, but the idea of WeChat on Ethereum sounds like a winner.

The main thing that has impressed me has been their approach to the ICO. I've been pretty aghast at recent ICOs; I think some of them abuse the current overheated climate and are ruthlessly exploitative. Status on the other hand, they've gone to huge lengths to do the best they can to ensure proper decentralisation by handicapping whales. What they want is success of the project, not just instant $$$. If there's one thing that instils me with confidence, it's this.

[mela65]

Some of my friends offer me to contribute this project and i explore the project. It seems good and the developers gave confidence. I wish success to developers.

[polat90]

What is the total amount of coin?

[SamLombardo]

What is the total amount of coin?

This thread has only one page and yet you ask a question that has already been answered o_O

50m !

[vlad06]

50 million sounds awesome to me.

[2bfree]

50 million sounds awesome to me.

I think 10 million is the sweet spot, but that's me!

[poiseulle]

I think it seems promising. I need to look into it some more, but the idea of WeChat on Ethereum sounds like a winner.

The main thing that has impressed me has been their approach to the ICO. I've been pretty aghast at recent ICOs; I think some of them abuse the current overheated climate and are ruthlessly exploitative. Status on the other hand, they've gone to huge lengths to do the best they can to ensure proper decentralisation by handicapping whales. What they want is success of the project, not just instant $$$. If there's one thing that instils me with confidence, it's this.

Agreed. I can't trust a team who is too greedy

[poiseulle]

it seems the ICO is not open to US?