The fund is focused on startups related to the sharing economy, Internet - of - Things (IoT) applications and other blockchain - oriented projects that, as the company puts it, can be beneficial both to members of the organisation and to
the decentralised ecosystem as a whole.
Thanks to the new protocols Ethereum has introduced, there's a
whole new
ecosystem of applications being developed that are completely
decentralised (also known
as DApps), and Status aims to provide a user interface to access them.