Sleeper ICO-era project becomes 3rd most actively developed crypto app

Status: The Rising Star of Web 3.0 Communication Apps, a long-forgotten crypto messaging app that emerged during the ICO craze, has recently experienced a surge in development activity, making it one of the most actively developed projects in the crypto world.

As reported by Santiment on March 21, Status, an open-source Ethereum-based app, now ranks third in terms of development activity in the last 30 days. With over 434 GitHub commits, it comes close to Cardano and Chainlink, the top two most active projects with 444 and 451 commits respectively.

Positioning itself as a rival to popular communication platforms like Discord and Telegram, Status boasts community-oriented features and claims to facilitate crypto transactions between users on its platform.

With its unreleased status, Status is already making waves in the web 3.0 world, showcasing the potential of blockchain projects in 2022. Its development is also seen as a challenge for other web 3.0 companies, as they strive to incorporate artificial intelligence and keep up with the rapidly evolving landscape.

For those interested in web 3.0 development, tutorials and blogs from web 3.0 companies like Status can provide valuable insights into the future of communication and technology.

Status: The Decentralized Messaging App for Web 3.0

In the world of encrypted messaging apps, most require users to sign up using their phone numbers. However, Status breaks this mold by allowing users to sign up using their crypto wallet addresses.

Despite its innovative approach, Status has been in development for over six years. It first launched during the ICO boom in 2017, raising an impressive $100 million for its native SNT token in just 24 hours.

However, the project faced criticism for its slow progress in bringing a working product to market. In April 2020, the project’s leadership, CEO Jarrad Hope and chief communications officer, Carl Bennetts, were named as defendants in a class-action lawsuit. The lawsuit claimed that the sale of the SNT token was an unregistered securities offering.

Despite these challenges, Status remains a key player in the world of Web 3.0. Its integration of artificial intelligence and blockchain technology sets it apart from other messaging apps, and it continues to be a popular topic on platforms like and Discord.

If you’re interested in learning more about Web 3.0 and its potential, check out our blog for tutorials and updates on the latest blockchain projects in 2022. And for those looking to develop their own Web 3.0 applications, consider partnering with a reputable web 3.0 development company for guidance and support.

Status of Web 3.0 Projects in 2022: Development Challenges and Progress

Looking ahead to November 8, 2023, the web 3.0 project “” has announced plans to release alpha and beta versions of their app in the upcoming months.

In a recent blog post, Status addressed concerns within the community regarding their development progress, admitting that their initial goal of creating a consumer-facing super app was too ambitious.

The team cited various obstacles, such as scalability issues that led to the abandonment of their “Whisper” protocol, as well as staff layoffs during the 2018 crypto market crash.

However, with the resurgence of development efforts and the rise in crypto prices in late 2022, the company was able to regain its footing.

According to the Status team, the financial gains of the 2022 bull market have provided the necessary resources to implement their updated strategy, leading to the expansion of the organization in order to achieve their ambitious vision.

The SNT token, which is the project’s native currency, is currently trading at $0.04, showing a 2.4% increase in the past 24 hours and a 50% rise in the last year. However, it is still down 93.4% from its all-time high of $0.68, which was reached on January 3, 2018, as reported by CoinGecko.

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