Request Network

Request Network

Created using Figma
Created using Figma
A decentralized network for payment requests on Ethereum.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Kyber Network
    REQ/ETH 47 minutes ago
    $ 0.0333
    $ 31.64 K
    16.09%
    76.14%
  • KuCoin
    REQ/ETH 52 minutes ago
    $ 0.0335
    $ 11.493 K
    16.81%
    -23.88%
  • KuCoin
    REQ/BTC 52 minutes ago
    $ 0.0334
    $ 28.046 K
    16.23%
    -23.85%
  • Huobi Global
    REQ/BTC one hour ago
    $ 0.0333
    $ 29.578 K
    15.46%
    14.20%
  • Huobi Global
    REQ/ETH one hour ago
    $ 0.0334
    $ 10.646 K
    14.15%
    40.97%
  • Mercatox
    REQ/ETH one hour ago
    $ 0.0285
    $ 12.654 K
    5.87%
    28.55%
  • FatBTC
    REQ/ETH one hour ago
    $ 0.0309
    $ 11.798 K
    1.69%
    2.03%
  • Binance
    REQ/BTC one hour ago
    $ 0.0337
    $ 561.316 K
    12.71%
    80.96%
  • Huobi Korea
    REQ/ETH one hour ago
    $ 0.0340
    $ 341.00
    18.40%
    120.01%
  • Huobi Korea
    REQ/BTC one hour ago
    $ 0.0337
    $ 1.102 K
    17.47%
    18.30%
  • Gate.io
    REQ/USDT one hour ago
    $ 0.0342
    $ 3.736 K
    22.46%
    13.63%
  • Bancor Network
    REQ/BNT one hour ago
    $ 0.0329
    $ 16.79 K
    12.39%
    83.83%
  • Uniswap (v2)
    REQ/ETH one hour ago
    $ 0.0329
    $ 2.52 K
    13.02%
    93.24%
  • WazirX
    REQ/USDT 2 hours ago
    $ 0.0331
    $ 2.263 K
    12.57%
    187.29%
  • BitBNS
    REQ/INR 2 hours ago
    $ 0.0335
    $ 1.33 K
    -
    -
  • Bitfinex
    REQ/USD 2 hours ago
    $ 0.0339
    $ 644.53
    7.39%
    1,328.48%
  • Lykke
    REQ/ETH 3 hours ago
    $ 0.0309
    $ 299.99
    -
    -
  • Lykke
    REQ/BTC 3 hours ago
    $ 0.0283
    $ 28.74
    -
    -
  • YoBit
    REQ/DOGE 4 hours ago
    $ 0.0244
    $ 0.3325
    -
    -
  • Gate.io
    REQ/ETH 5 hours ago
    $ 0.0323
    $ 89.36
    -
    -
  • WazirX
    REQ/BTC 6 hours ago
    $ 0.0314
    $ 337.32
    8.82%
    1,892.44%
  • GoPax
    REQ/KRW 9 hours ago
    $ 0.0301
    $ 2.268 K
    -
    -
  • Idex
    REQ/ETH 22 hours ago
    $ 0.0352
    $ 70.02
    -
    -
  • YoBit
    REQ/BTC one day ago
    $ 0.0220
    $ 1.12
    -
    -
  • ForkDelta
    REQ/ETH 4 days ago
    $ 0.0174
    $ 2.59
    -
    -
  • YoBit
    REQ/RUR 4 days ago
    $ 0.0184
    $ 0.0184
    -
    -
  • YoBit
    REQ/ETH 6 days ago
    $ 0.0220
    $ 0.0330
    -
    -
  • Switcheo
    REQ/ETH 8 days ago
    $ 0.0449
    $ 67.30
    -
    -
  • YoBit
    REQ/USD 8 days ago
    $ 0.0239
    $ 1.20
    19.38%
    -54.55%
  • YoBit
    REQ/WAVES 8 days ago
    $ 0.0232
    $ 1.17
    -
    -
  • AirSwap
    REQ/ETH 18 days ago
    $ 0.0170
    $ 4.35 K
    -
    -
  • Binance
    REQ/ETH 2 months ago
    $ 0.0093
    $ 6.52 K
    -
    -
  • Bitfinex
    REQ/BTC 3 months ago
    $ 0.0070
    $ 41.25
    -
    -
  • Bitfinex
    REQ/ETH 3 months ago
    $ 0.0079
    $ 91.81
    -
    -
  • CryptalDash
    REQ/CRD 3 months ago
    $ 0.0017
    -
    -
    -
  • CryptalDash
    REQ/ETH 3 months ago
    $ 0.0201
    -
    -
    -
  • CryptalDash
    REQ/BTC 3 months ago
    $ 0.0174
    -
    -
    -
  • CryptalDash
    REQ/USDT 3 months ago
    $ 0.0389
    -
    -
    -
  • Coinplace
    REQ/BTC 4 months ago
    $ 0.0122
    $ 0.3533
    -
    -
  • Bamboo Relay
    REQ/WETH 5 months ago
    $ 0.0139
    $ 29.03
    -
    -
  • BitAsset
    REQ/USDT 8 months ago
    $ 0.0135
    $ 27.494 K
    5.13%
    -14.20%
  • CoinExchange.io
    REQ/ETH 8 months ago
    $ 0.0057
    $ 2.11
    -
    -
  • Ethfinex
    REQ/ETH 8 months ago
    $ 0.0142
    $ 66.21
    -
    -
  • Ethfinex
    REQ/USD 8 months ago
    $ 0.0141
    $ 251.35
    -
    -
  • Ethfinex
    REQ/BTC 8 months ago
    $ 0.0132
    $ 39.13
    -
    -
  • COSS
    REQ/ETH 8 months ago
    $ 0.0132
    -
    -
    -
  • CoinExchange.io
    REQ/BTC 9 months ago
    $ 0.0106
    -
    -
    -
  • Coineal
    REQ/ETH 9 months ago
    $ 0.0109
    $ 1.724 K
    -
    -
  • DDEX
    REQ/WETH 9 months ago
    $ 0.0103
    $ 7.27
    -
    -
  • GoPax
    REQ/BTC 9 months ago
    $ 0.0125
    $ 8.74
    -
    -
  • GoPax
    REQ/ETH 9 months ago
    $ 0.0611
    $ 1.74
    -
    -
  • COSS
    REQ/BTC 9 months ago
    $ 0.0096
    -
    -
    -
  • TokenJar
    REQ/WETH 9 months ago
    $ 0.0165
    $ 3.29
    -
    -
  • WazirX
    REQ/INR 9 months ago
    $ 0.0013
    -
    -
    -
  • Radar Relay
    REQ/DAI 9 months ago
    $ 0.0010
    -
    -
    -
  • Radar Relay
    REQ/WETH 9 months ago
    $ 0.0109
    -
    -
    -
  • BitAsset
    REQ/CNYT 9 months ago
    -
    -
    -
    -
  • BitAsset
    REQ/TWD 9 months ago
    -
    -
    -
    -
  • Token.Store
    REQ/ETH 11 months ago
    $ 0.0044
    $ 0.4431
    -
    -
  • Koinex
    REQ/INR one year ago
    $ 0.0116
    $ 8.131 K
    -32.58%
    2,415.63%
  • Huobi Korea
    REQ/ETH one year ago
    $ 0.0219
    -
    -8.90%
    -
  • Huobi Korea
    REQ/BTC one year ago
    $ 0.0220
    $ 72.87
    -9.33%
    -
  • Coineal
    REQ/BTC one year ago
    $ 0.0216
    $ 137.996 K
    -
    -
  • Ethex
    REQ/ETH one year ago
    -
    $ 301.91
    -
    -
  • GoPax
    REQ/KRW one year ago
    $ 0.0270
    $ 25.50
    13.90%
    14.56%
  • Gate.io
    REQ/USDT one year ago
    $ 0.0276
    $ 3.029 K
    -
    -
  • Gate.io
    REQ/ETH one year ago
    $ 0.0276
    $ 1.095 K
    -
    -
  • FCoin
    REQ/USDT one year ago
    -
    -
    -
    -
  • FCoin
    REQ/ETH one year ago
    -
    -
    -
    -
  • CODEX
    REQ/ETH one year ago
    $ 0.0240
    -
    -
    -
  • CODEX
    REQ/BTC one year ago
    $ 0.0238
    -
    -
    -
  • CODEX
    REQ/EOS one year ago
    $ 0.0248
    -
    -
    -
  • OKEx
    REQ/USDT one year ago
    $ 0.0134
    $ 1.02
    -
    -
  • OKEx
    REQ/ETH one year ago
    $ 0.0301
    -
    -
    -
  • OAX
    REQ/ETH one year ago
    $ 0.0221
    -
    -
    -
  • Liqui
    REQ/USDT one year ago
    $ 0.0385
    -
    -2.91%
    -
  • Liqui
    REQ/ETH one year ago
    $ 0.0201
    -
    -4.66%
    -
  • Liqui
    REQ/BTC one year ago
    $ 0.0211
    -
    -3.90%
    -
  • Koinex
    REQ/XRP one year ago
    $ 0.0188
    $ 0.4689
    -
    -
  • Koinex
    REQ/BTC one year ago
    $ 0.0196
    $ 0.1078
    -
    -
  • Dcoin
    REQ/ETH one year ago
    $ 0.0210
    $ 1.096 K
    -
    -
  • DDEX
    REQ/ETH one year ago
    $ 0.0194
    $ 67.81
    -
    -
  • Everbloom
    REQ/ETH one year ago
    $ 0.0267
    $ 21.39
    -
    -
Oct 13, 2017
Oct 17, 2017
100% completed
$33 338 000
35.9 K
100% goal completed
past
Token Details
Ticker
REQ
Company Details
Registered Country
France
Additional Details
Categories
Platform, Business services

About Request Network

Request is a decentralized1 network that allows anyone to request a payment (a Request Invoice)for which the recipient can pay in a secure way. All of the information is stored in a decentralized authentic ledger. This results in cheaper, easier, and more secure payments, and it allows for a wide range of automation possibilities. To become the backbone of world trade, Request integrates a general ledger (in the accounting sense of the term), which is:

  • Universal because it is designed to support 100% of global transactions, regardless of currency, legislation or language. Request is built to last.
  • Smart because unlike an existing standard accounting book, Request is at the origin of the exchanges and integrates a computerized trade code, as well as the management of a multitude of payment terms.

Today, their absence makes the whole system inefficient and absolutely unready for the digital and IoT (Internet Of Things) revolution that is taking place.

Request can be seen as a layer on top of Ethereum, which allows requests for  payments that satisfy a legal framework.It is also possible to see currencies as tools to complete Request transactions. In this sense, Request is more global than any currency.

Features

- The request can be detected and paid in a secure way, without the need to involve a third party settings
- The request is saved on an immutable, authentic ledger, which acts as a unique source of truth for accounting and auditing processes settings
- Request integrates a trade law system and works across every legislation settings
- Request works with every global currency settings
- Request is designed to be flexible, to last hundreds of years, and to work with IoT, whilst being compatible with any future systems.

Technical Info

Technical details:  REQ tokens are ERC20 tokens which are necessary to participate in the network and create advanced Requests. The REQ will be paid as fees to the validators of the Request Network (i.e. can be anyone staking his request tokens) and to the developers of the extension. As an investor the fee that one will receive is proportional to the use of the Request Network. The source code:  The code of the product is not available. Proof of developer:  Public team

Request Network Roadmap

  • Q3 2017 Request Pyramid

  • Release final draft of the whitepaper Launch the Request Network website
  • Q4 2017 Request Colossus

  • Token Launch First version of Request working with Ethereum on Test Net Proof of concept : Request Core working with a Bitcoin Oracle Release of the API to create, read and update Requests Release of the technical papers discussing architecture, upgrades, and accounting implementation details
  • Q1 2018 Request Great Wall

  • The first iteration of Request working with Ethereum on Main Net Deploy management of crypto-currencies to Request (ERC20 tokens…) Deploy the web site to create, visualize and interact with Requests Add Request management of accounting concepts such as refund, credit note and purchase orders Working on partnerships with Accounting, Payment and Audit firms Launching the "Pay with Request" project: an online button which will offer an alternative to the traditional "Pay with Paypal" and "Pay with credit card" methods Outside audits of the Request Contracts
  • Q2 2018 Request Stonehenge

  • Proof of concept of Privacy using ZkSnarks Add management of fiat-currencies to Request (USD, EUR, CNY…) Launching the "Request & Transparency" project. We will work with city halls, associations and governments to publish real time information on their budget. Organize discussion groups around Payment Requests with institutions such as Worldbank, IMF, ECB and the UN
  • Read More
  • Q3 2018 Request Colosseum

  • Deploy the Escrow extension to allow the release of funds upon delivery or upon satisfaction of other conditions. Deploy the Tax extension to automatically pay taxes in real time Deploy the Down Payment extension to specify an amount to pay and a specific date on which to process it Deploy the Late Fees extension to specify penalties if a Business is not paid on time. Add a Reputation Offchain layer
  • Q4 2018 & after Request Petra

  • Deploy a governance system (Vote/Token Chat) Launching the "Internet of Things framework" project Deploy inter-currency settlement through REQ token to facilitate international payments Launching the "Continuous Payment" extension, which will act as a Down payment with an infinity of micro payments

Activity

Request Network Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Christophe LASSUYT
Co-founder & CFO
unverified
Etienne TATUR
Co-founder & CTO
unverified
Vincent ROLLAND
Lead Engineer
unverified
Laura GIROD
Data Scientist
unverified
Julien DEVOIR
CMO
unverified
Elliott DENIS
Full Stack Engineer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Gilles FEDAK
Advisor Co-founder at iEx.ec
unverified
$ 0.0322
11.59%
Coin Stats
Daily, %:
11.59%
Weekly, %:
28.02%
Monthly, %:
111.85%
Market Info
Market Cap:
$ 24.76 M
Volume 24h:
$ 584.394 K
Circ. Supply:
771.801 M REQ
Ticker:
REQ

Request Network Reviews

crushcrypto.com
review

Opportunities:
Request is the first ICO project incubated by YCombinator. YCombinator has funded over 1,400 startups and those companies have a combined valuation of over $80 billion.
The problem that Request is trying to solve is huge so the upside is substantial if Request can deliver on its vision.
The other company that the team is running, Moneytis, has received 6 rounds of funding from 2015 to 2017. This could be an indicator that the company is growing throughout the years, which speaks to the execution skills of the team.
Network effect is present. The more people use Request Network, the more valuable the platform becomes.

Concerns:
Request has not released any proof of concepts for their product, so this is a white paper project. The only two milestones prior to the ICO are “release final draft of white paper” and “launch the Request Network website”.
All the team members are working on Moneytis and Request at the same time. It is unclear how the team allocates their time between the two projects.
Since peer to peer payment is the backbone of cryptocurrency, the project faces competition from many blockchain projects in one way or another: Status, Metal, Monetha, OmiseGO, Everex, TenX, Monaco, Centra, Token Card, Pillar, and many others.
20,000 Ether was sold to early investors and strategic partners with 20% bonus (this is not part of the 100,000 ETH hard cap). This may create selling pressure once tokens are listed, as those participants are willing to sell at a lower price than people who contribute in the public crowdsale.

Conclusion:
Overall, we like this ICO for its short-term potential but are neutral about its long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For short-term holding:
Good. The project, being the first YCombinator-backed company going through an ICO, created a lot of market awareness. It is expected that the company needs to close the whitelist early to avoid too many participants so there should be unmet demand.
For long-term holding:
​Neutral. The project is at a very early stage, essentially a white paper idea. The white paper is attractive with many use cases, but it is unclear if the team can deliver on their promises.

 

Read More
bitcoinexchangeguide.com
News, reviews

The network is looking to reshape commerce and change the level of efficiency that online systems operate on. Effectively improving the blockchains functionality through the use of new contract types will be one of the key components to the success of the Request network. This is a great system with an excellent team, if you want to learn more about the team – head to Request.Network to learn more.

Read More
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