Status breaking out : The Ethereum DApps Ecosystem

One of the Status $SNT dev' was talking about an imminent beta release for the Status project (on their subreddit).

Regarding the charts :
The price has been bottoming, hovering in accumulation phase around 375 sats since mid October. It is currently slowly breaking out over 400 sats and building some volume. With a clean low 113M market cap (though we saw its potential when it reached +300M market cap in septembre) it is IMHO a great buying opportunity. I have great hopes for this sleeping giant.

Regarding the project :
I would like to take this opportunity to talk a bit more about the project as many people just don't get what status is doing ... and how undervalued this project is.

It is not just a messaging app, it's way more than this. Status is trying to become the single DApp store that will act as a cohesive ecosystem for Ethereum DApps. A bit like an App Store but for DApps. https://perc360.com/status-snt-convenience-king-user-experience-simple-one-click-download/

If they succeeds this could be one of the first step towards mass adoption. Their dev team is very active on github and they communicate a lot on twitter and Medium.

A lot of initial ICO investors have stupidly gave up on the project as it's wasn't moving fast enough for them, resulting in an interesting sub-ICO price drop. However, as you can see on the provided links, the project is following its course. It has one of the MOST active Github I've seen in the cryptospace. Better jump in now rather than missing the boat especially for such a cheap price, you've been warned ;-).

If you want to learn more on the project, I'll encourage you to check out this good review (even though a lot of project has been achieved in the meantime): https://crushcrypto.com/analysis-of-status-im-ico/

Sources (Yep check it yourself!):
Subreddit mentioning the BETA : https://www.reddit.com/r/statusim/comments/7em3ys/will_status_ever_launch/
$SNT Github : https://github.com/status-im
$SNT News and blog : https://blog.status.im/
CoinMarketCap : https://coinmarketcap.com/currencies/status/
Whitepaper (might be a bit outdated) : https://status.im/whitepaper.pdf

Disclaimer : I am obviously holding some $SNT as I firmly believe in the project. Invest at your own risks!