Status spent seven years building a killer product, now with over a million users. They bootstrapped it with funds raised from an ICO in 2017, selling a token called $SNT.
Unlike many projects, Status is still alive and thriving.
It’s ranked in GitHub’s top 10, shipping a solid product, even though the token itself had a slow fade.
Now, imagine this happening with other promising projects.
They ship crazy products, capture massive traction, but the token dies out.
Why?
Because they didn’t treat the token as a separate product.
That’s the nuance—and it’s a critical detail many miss.
From X
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