About Status
As a frontrunner in decentralized communication, this company excels at combining encrypted messaging, secure crypto wallets, and Web3 browsing. It leverages open-source technology to allow for private, secure communications and transactions, making it an influential player in promoting privacy and financial freedom in digital interactions. The focus on end-to-end encryption and peer-to-peer protocols not only positions the company at the forefront of technological advancements but also fosters a culture of innovation and security, underscoring its status as a trailblazer in the blockchain communication sector.
Bern, SwitzerlandHeadquarters
2017Year Founded
$4.9MTotal Funding
SEEDCompany Stage
Consumer Software, Crypto & Web3Industries
201-500Employees
Benefits
Sick leave
New equipment
Parental leave
Coworking allowance
TravelPerk account
Headspace subscription
Learning allowance
Risks
Increased competition from similar Ethereum-based platforms may dilute Status's market share.
Rapid blockchain evolution may require significant investment to update Status's infrastructure.
Potential regulatory crackdowns could limit Status's operational capabilities in key markets.
Differentiation
Status integrates Ethereum's smart contract capabilities for seamless DApp access.
Status is an open-source, Ethereum-based app promoting privacy and censorship resistance.
Status supports EIP-1559, enhancing transaction efficiency and user experience.
Upsides
Integration of ZKPs enhances privacy, aligning with Status's security goals.
Decentralized social media rise offers expansion opportunities for Status's messenger.
Layer 2 solutions adoption improves transaction speeds and reduces costs for Status users.
Funding
Total raised$4.86 M
Latest valuation$25.00 M
StageSEED
SEED
7/31/2018$5
$25.00 MICO
5/31/2017$100