As of October 2021, WhatsApp had over 2 billion active monthly users, closely tailed by Facebook Messenger at 1.3 billion, followed by Telegram with 550 million. As demonstrated by the statistics, messaging apps form a pivotal part of our daily lives, and we have even started to rely on them more than traditional SMS texting.
However, the public is already aware that the big corporations that monopolise Web2 are liable for selling their customers’ personal information to third parties in exchange for bigger profits. There are numerous cases of this occurrence, with one recent one involving Google. Google’s message and dialer apps – according to a study report published by Douglas Leith, a computer science professor at Trinity College Dublin – acquired users‘ communications data without informing them. As a result, users could not opt out of data collection.
Thus, with popular messaging apps, the risk of data privacy being compromised is omnipresent, yet people feel as though there is no decent alternative that can uphold their security concerns. But we’re in Web 3.0 now – meaning that advancements in DeFi have allowed messaging dApps like Status (SNT) and newcomer Secure Crypto Token (SCT) to emerge.
Crypto enthusiasts predict that messaging dApps like Status (SNT) and Secure Crypto Token (SCT) will eventually overtake the likes of WhatsApp and Facebook Messenger. These dApps tend to run on the Ethereum (ETH) blockchain as it’s a global network that supports an interconnected marketplace of dApps with a wide range of products.
Status (SNT) and Secure Crypto Token (SCT) are also both crypto assets, meaning token holders gain the opportunity to earn passive income, or even experience monumental ROI if it becomes a hit. So, let’s deep-dive into the benefits that Status (SNT) and newcomer Secure Crypto Token (SCT) offer over what’s already on your phone.
Status (SNT)
Status (SNT) describes itself as aspiring to become a secure communication tool that respects human rights. Furthermore, Status (SNT) wants to enhance individual sovereignty while allowing the free flow of information and protecting the right to private, secure discussions.
Rather than operating one sole messaging platform, Status (SNT) users can communicate with dApps running on the Ethereum (ETH) blockchain using this interface. Users will receive over 2,000 dApps in exchange, as well as the ability to send and receive encrypted communications on a peer-to-peer basis, make payments, and use smart contracts.
The platform’s own currency, Status Network Tokens (SNT) is used by the network. The purpose of Status (SNT) is to make Ethereum (ETH) dApp adoption faster and more efficient.
There’s also a users-as-stakeholders network, which allows the network’s behaviour and software to become more aligned with a given user’s interests. The contributors are working on a crypto-economic model, and peer-to-peer technology can keep Status (SNT) running smoothly.
Secure Crypto Token (SCT)
Secure Crypto Token (SCT) is still only in its presale stage, but its goals and vision are already generating a stir in the crypto community in anticipation of its forthcoming launch.
Secure Crypto Token (SCT) offers essential privacy features that traditional messaging apps lack. For example, Secure Crypto Token (SCT) gives its users a blockchain-based decentralised infrastructure, encryption, decentralised storing of data and SCT token-based reward schemes. In contrast to WhatsApp and Telegram, Secure Crypto Token (SCT) prohibits third-party collection of data while also not collecting users’ sensitive information.
Similar to Status (SNT), Secure Crypto Token (SCT) allows decentralised communication platforms to be created. Information, privacy, security, and utility will all be more in the hands of the end-user. The value of SCT is purely established by the ecosystem’s services, size, transaction and messaging volume.
If users provide valuable content to Secure Crypto Token (SCT), they get rewarded with SCT which can be exchanged for access to premium features and a wider range of services. The value of SCT is inextricably linked to the value of the underlying app.
Secure Crypto (SCT) allows users to earn tokens by sharing or reposting content, creating valuable content, accomplishing milestones, logging in on a regular basis, offering feedback, responding fast to notifications, and recommending people to the site. While we all do it for free on our social media, Secure Crypto Token (SCT) strives to compensate users for their contributions to network activity.
Buy the Presale here: https://presale.secure-crypto.io/
Discussion about this post