Most people still sleep on @ethstatus and it might be one of the most ambitious Web3 projects ever built. đ
CC: @0xcyp @PajicF @theCyberMonkX @0xnadeem
⊠The Origin Story
Back in 2017, founders Jarrad Hope (@jarradhope_) and Carl Bennetts asked a simple question:
What if messaging could live on the blockchain?
At first, they looked at Bitcoin. But once they discovered Ethereum, everything clicked.
They raised $102M in their ICO and began building Status, a gateway to the decentralized internet.
⊠What Status Actually Is
Not just another crypto chat app.
Status combines three powerful tools into one seamless product:
Private Messenger ; built on the Waku protocol (no central servers)
Self-Custodial Wallet ; supports ETH, Base, Arbitrum, Optimism
Web3 Browser ; lets you access dApps and DeFi directly
Itâs like Telegram, MetaMask and Brave fused into one decentralized experience.
⊠Solving the Privacy Problem
Telegram and Discord still rely on Big Tech infrastructure.
Status doesnât.
Itâs built for true privacy and digital sovereignty:
Perfect Forward Secrecy old messages stay safe even if keys are leaked
Metadata privacy no one can see whoâs talking to whom
No phone numbers or emails
Peer-to-peer network no central servers, no single point of control
⊠The Hidden Layer Nobody Mentions
Status runs on the SNT token ( $SNT, ~$0.026, ~$107M market cap ).
Holders can vote on protocol upgrades and ecosystem decisions.
But hereâs what most people miss Status isnât just an app.
Theyâre building an entire stack of open protocols under the Institute of Free Technology:
Waku :- decentralized messaging
Codex :- distributed storage
Nomos :- blockchain for network states
Vac privacy infrastructure
Together, they form the backbone for a truly open and censorship-resistant Web3.
⊠Why Itâs Different
Compared to Signal, Telegram or Discord:
Fully decentralized
Open-source & community-governed
Combines chat + wallet + Web3 access
Built for privacy from day one
⊠Where Theyâre At Now
The app is live on iOS & Android, with thousands of active users and growing communities.
A next-gen mobile version is already in development.
Despite facing regulatory pressure in 2020 2021 the team never stopped shipping.
⊠TL;DR
Status isnât just a messenger.
Itâs a decentralized communication stack built to free the internet from centralized control.
As Web3 adoption expands, Status could quietly become one of the most important infrastructures in crypto.
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