Request priceREQ $0.08487

Request Network is a decentralized protocol. Anyone can contribute to the protocol's development and submit pull requests on Github. The founders of Request are Christophe Lassuyt and Etienne Tatur.

Christophe Lassuyt is currently the main community manager at Request. He is a Ycombinator Alumni, and has been an entrepreneur in the crypto and web3 industries for +8 years.

Etienne Tatur is the chief technical officer of Request. Prior to this, he also participated in Ycombinator Winter 2017, and has been creating projects in the web3 industry since 2014.

The payments on Request are performed by simply sending an invoice through the blockchain; the counterparty can then detect the request and pay it with one click in a peer-to-peer manner. The fact that the payments are push-generated instead of pull-generated is one of Request’s key advantages. There is no need for users to share their account information. The use of blockchain technology also eliminates the need for third-party processors, resulting in a reduction in transaction costs.

Additionally, apps building stuff people want on top of Request Network open-source protocol provide a key benefit to their users. Indeed, users can interact with a suite of financial tools which work with each other. It's the opposite of the capitalistic and siloed web2 industry because here, apps work with each other. For example, a company originates an invoice from an app. A 2nd app receives the payment request, allowing it to be paid. Then the invoice can draw on instant financing on a third DeFi app

The Request Network leverages decentralized blockchains such as Ethereum and IPFS for an increased level of security, privacy and data ownership for the end-user. The platform does have transaction fees, which is a cost that is required to broadcast a change to the blockchain network. The transaction fees are used to incentivize miners to reach consensus on the state of the network.

REQ can be stored on wallets such as Metamask, Argent, MyEtherWallet, Ledger, imToken, Trezor, Atomic Wallet, Jaxx Liberty and Trust Wallet.

REQ is an ERC-20 token that can be spent to use the Request Network.

The REQ tokens’ initial supply was 1,000,000,000. So far, the supply successfully decreased proportionally to the adoption down to 999,877,117.

The REQ tokens are available to exchange on open markets through mainstream cryptocurrency exchanges. Decentralized alternatives also support REQ, allowing you to seamlessly exchange REQ directly from your own wallet. Always verify that the REQ address is this one: 0x8f8221afbb33998d8584a2b05749ba73c37a938a. On Polygon, its address is 0xb25e20de2f2ebb4cffd4d16a55c7b395e8a94762.