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If the blockchain can't sync, then you're sol. Sorry, wish I had better news. That little red x down there means that your phone is unable to connect to one of the Bitshares public nodes. Also, Android 5.0 (Lollipop) or higher is recommended.
@karnal Smartcoins Wallet v1.0.5 released on F-Droid: https://f-droid.org/repository/browse/?fdfilter=smartcoins&fdid=de.bitsharesmunich.smartcoinswallet