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**What's SNT? The Token Behind Status's Web3 Chat App**
Status is basically a mobile app that lets you chat, swap crypto, and use Web3 apps—all without a middleman. SNT is its native token.
Here's what SNT does:
**Governance** – You hold SNT, you get a say in how the platform evolves. Think of it like owning a piece of the network.
**Feature Access** – Some premium features or services on Status might need SNT. It's how the platform monetizes without ads or tracking.
**Smart Contract Integration** – Since Status runs on Ethereum, SNT plugs into the broader DApp ecosystem. Developers can build features that require SNT.
**Why it matters?** Status is all about privacy and decentralization. No Telegram-style data breaches, no corporate surveillance. SNT incentivizes both users and devs to keep building on this open infrastructure instead of relying on centralized messaging apps.
Basically: SNT = your key to a censorship-resistant, private Web3 social layer.