[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CryptoJournaal [@CryptoJournaal](/creator/twitter/CryptoJournaal) on x 18.5K followers Created: 2025-04-10 11:01:13 UTC #RequestNetwork ( $REQ ) - #Fundamental #Analysis [ #Update: April 2025 ] 💡 What is Request Network ( $REQ )? Request Network is a decentralized payment protocol that allows users to create and process payment requests without the intervention of centralized parties such as banks or payment service providers. Built on the Ethereum blockchain, Request offers a secure and cost-effective way to make and receive payments using smart contracts. 🔸 Why is Request Network important? Request Network enables both individuals and businesses to automate payments, send invoices, and efficiently manage transactions without the typical costs and delays associated with traditional payment systems. This makes it a valuable solution for both the traditional and blockchain-based economy. #RequestNetwork #DecentralizedPayments ⚙️ How does Request Network work? Request Network uses Ethereum and smart contracts to make payments and invoicing transparent and automatic. 🔸 Decentralized Payment Requests: Users can create, share, and process payment requests (invoices) via the blockchain, without relying on centralized payment providers. 🔸 Cross-Currency Support: With integrations such as 0x, payments can be made in various currencies (crypto and fiat), making the network globally applicable. 🔸 Low Transaction Fees: Transaction costs are minimal, ranging from XXXX% to 0.5%, paid in $REQ and partially burned, ensuring deflationary effects. 🔸 Extensions: The network supports additional functionalities such as escrow, automated tax processing, and IoT integrations for real-time payments. 🔸 For businesses, this means: Lower costs and faster payment transactions, making business operations more efficient. #RequestEfficiency #BlockchainPayments 🪙 What is $REQ? $REQ is the native token of Request Network and plays a central role in the ecosystem. 🔸 Transaction Fees: $REQ is used to cover the transaction costs on the network. A portion of the consumed $REQ is burned, which may reduce the supply in the long term. 🔸 Governance: Holders of $REQ can vote on important decisions such as protocol upgrades, ensuring decentralized governance of the network. 🔸 Burning: A percentage of the transaction fees is used for the burning mechanism, creating a deflationary pressure on the token's value. 🔸 Tokenomics: Maximum supply: XXXXXXXXXXXXX $REQ tokens Circulating supply: Approximately XXXXXXXXXXX $REQ (depending on real-time data). Applications: Transaction fees, staking, governance within the Request network. #REQTokenomics #BlockchainGovernance 🤝 Team & Partners Request Network was founded by Christophe Lassuyt and Etienne Tatur in 2017. The team has experience in the financial and blockchain sectors and has formed several partnerships to promote the adoption of Request Network. 🔸 Strategic Partners: ING: Request Network collaborated with ING early on, increasing the project's credibility. 0x & Civic: With integrations from 0x and Civic, Request Network's compatibility with other blockchain technologies is expanded, making the network more efficient. 🔸 Why is this important? Strong partnerships help the network scale faster and integrate with other blockchain platforms and businesses, driving adoption. #RequestTeam #BlockchainPartnerships ⚔️ Competition & Unique Features Request Network competes with other payment and invoicing protocols like PayPal, Ripple, and Nano but offers unique advantages: 🔸 PayPal & Stripe: Although these centralized systems hold the largest market shares, Request Network offers lower costs and more transparency by utilizing blockchain technology. 🔸 Ripple ( $XRP ): Ripple primarily targets banks and large financial institutions, while Request focuses more on invoicing and payments between businesses and individuals. 🔸 Nano ( $XNO ): Nano offers fast, feeless payments but lacks the smart contract integration that Request Network provides. 🔸 Why choose Request Network? Request Network combines the advantages of blockchain technology with the accessibility of traditional payment methods, making it an attractive alternative for both businesses and consumers. #RequestVsCompetitors #BlockchainAdvantage 🌍 Adoption & Usage Request Network has firmly positioned itself in the business and Web3 sectors, particularly through the development of Request Finance for crypto invoicing and salary payments. 🔸 Request Finance: Request Finance enables Web3 companies to automate crypto invoices and salary payments, promoting the adoption of $REQ. 🔸 Applications for businesses: Companies such as Aave and MakerDAO use Request Network for handling payments, supporting the broader adoption of $REQ. 🔸 Network activity: Although adoption is still in the early stages, Request Network already has integrations with key DeFi and Web3 projects. #RequestAdoption #Web3Growth 🔒 Security & Governance Request Network places a high emphasis on security and decentralization. 🔸 Smart contract audits: The protocol is regularly audited by external security firms, ensuring the safety of the smart contracts. 🔸 Decentralized governance: Holders of $REQ can influence key decisions regarding the protocol, ensuring transparency and control by the community. 🔸 No single point of failure: The use of blockchain technology means there is no central entity that can disrupt the network, enhancing security. 🔸 Why is security important? Blockchain technology ensures transparency and immutability, safeguarding the transaction history and preventing fraud. #RequestSecurity #BlockchainTrust ✅ Why choose $REQ? Request Network provides a powerful solution for businesses and individuals seeking efficient and transparent payments. 🔸 Cheaper than traditional payment methods: With low transaction fees, Request Network is a cost-effective alternative to traditional payment systems. 🔸 Large marketplace compatibility: The network supports payments in various currencies and is already integrated with several DeFi and Web3 platforms. 🔸 Potential for Web3 adoption: The adoption of blockchain finance offers $REQ the chance to grow in the long term. 🎯 What makes Request Network ( $REQ ) an interesting choice? With its focus on decentralized payments and automating business processes, Request Network offers a valuable alternative to traditional payment infrastructure. #RequestAdoption #BlockchainSolutions 🤖 Considerations: ⚔️ Competition: The competition in the payment space is fierce, and Request Network must continue to differentiate itself from large centralized platforms like PayPal and Stripe. 🌍 Adoption and Network Growth: Although Request Network already supports various Web3 projects, it is still important to monitor adoption and network activity. 💸 Tokenomics: The burning of $REQ can have deflationary effects, but the platform's growth will be essential for the long-term value of the token. #CryptoFundamentals 🛒 Want to buy $REQ? $REQ is easy to buy on #Bitvavo: ✅ Over XXX #Altcoins available ✅ Up to €100,000 #AccountGuarantee ✅ Registered with De Nederlandsche Bank (#DNB) ✅ Sign up via the link below and trade up to €10,000 completely #Free! 🔗 #CryptoJournaal #AltcoinPedia #Bitcoin #Crypto #Exchange 📚 Useful resources and extra information: Want to dive deeper into the world of #RequestNetwork or looking for the latest updates and developments? These links will help you stay informed: 🔹Discord: 🔹GitHub: 🔹Official Website: 🔹Telegram: 🔹X (Twitter): @RequestNetwork #CryptoResources #StayInformed ⚠️ Important Notice: 🔹 This post is purely for educational purposes and not financial advice! 🔹 Only invest what you are willing to lose: #Crypto-investments can be volatile, and you may lose part or all of your investment. 🔹 Always do your own research (#DYOR): Do thorough research into #crypto-assets, platforms, and wallets before investing. 🔹 Understand the risks of volatility: The value of #cryptocurrencies can change quickly, so be prepared for price fluctuations. 🔹 Keep your private keys safe: Losing your private keys can result in losing access to your crypto assets. 🔹 Use reliable platforms: Ensure you trade crypto through trusted and regulated exchanges or wallets that meet the necessary security standards. #CryptoRules #CryptoSafety #CryptoRisks #Dyor  XXX engagements  **Related Topics** [ethereum blockchain](/topic/ethereum-blockchain) [blockchain](/topic/blockchain) [protocol](/topic/protocol) [decentralized](/topic/decentralized) [$req](/topic/$req) [coins defi](/topic/coins-defi) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/CryptoJournaal/status/1910286945588064438)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
CryptoJournaal @CryptoJournaal on x 18.5K followers
Created: 2025-04-10 11:01:13 UTC
#RequestNetwork ( $REQ ) - #Fundamental #Analysis
[ #Update: April 2025 ]
💡 What is Request Network ( $REQ )?
Request Network is a decentralized payment protocol that allows users to create and process payment requests without the intervention of centralized parties such as banks or payment service providers.
Built on the Ethereum blockchain, Request offers a secure and cost-effective way to make and receive payments using smart contracts.
🔸 Why is Request Network important?
Request Network enables both individuals and businesses to automate payments, send invoices, and efficiently manage transactions without the typical costs and delays associated with traditional payment systems. This makes it a valuable solution for both the traditional and blockchain-based economy.
#RequestNetwork #DecentralizedPayments
⚙️ How does Request Network work?
Request Network uses Ethereum and smart contracts to make payments and invoicing transparent and automatic.
🔸 Decentralized Payment Requests:
Users can create, share, and process payment requests (invoices) via the blockchain, without relying on centralized payment providers.
🔸 Cross-Currency Support:
With integrations such as 0x, payments can be made in various currencies (crypto and fiat), making the network globally applicable.
🔸 Low Transaction Fees:
Transaction costs are minimal, ranging from XXXX% to 0.5%, paid in $REQ and partially burned, ensuring deflationary effects.
🔸 Extensions:
The network supports additional functionalities such as escrow, automated tax processing, and IoT integrations for real-time payments.
🔸 For businesses, this means:
Lower costs and faster payment transactions, making business operations more efficient.
#RequestEfficiency #BlockchainPayments
🪙 What is $REQ?
$REQ is the native token of Request Network and plays a central role in the ecosystem.
🔸 Transaction Fees:
$REQ is used to cover the transaction costs on the network. A portion of the consumed $REQ is burned, which may reduce the supply in the long term.
🔸 Governance:
Holders of $REQ can vote on important decisions such as protocol upgrades, ensuring decentralized governance of the network.
🔸 Burning:
A percentage of the transaction fees is used for the burning mechanism, creating a deflationary pressure on the token's value.
🔸 Tokenomics:
Maximum supply: XXXXXXXXXXXXX $REQ tokens
Circulating supply: Approximately XXXXXXXXXXX $REQ (depending on real-time data).
Applications: Transaction fees, staking, governance within the Request network.
#REQTokenomics #BlockchainGovernance
🤝 Team & Partners
Request Network was founded by Christophe Lassuyt and Etienne Tatur in 2017. The team has experience in the financial and blockchain sectors and has formed several partnerships to promote the adoption of Request Network.
🔸 Strategic Partners:
ING:
Request Network collaborated with ING early on, increasing the project's credibility.
0x & Civic:
With integrations from 0x and Civic, Request Network's compatibility with other blockchain technologies is expanded, making the network more efficient.
🔸 Why is this important?
Strong partnerships help the network scale faster and integrate with other blockchain platforms and businesses, driving adoption.
#RequestTeam #BlockchainPartnerships
⚔️ Competition & Unique Features
Request Network competes with other payment and invoicing protocols like PayPal, Ripple, and Nano but offers unique advantages:
🔸 PayPal & Stripe:
Although these centralized systems hold the largest market shares, Request Network offers lower costs and more transparency by utilizing blockchain technology.
🔸 Ripple ( $XRP ):
Ripple primarily targets banks and large financial institutions, while Request focuses more on invoicing and payments between businesses and individuals.
🔸 Nano ( $XNO ):
Nano offers fast, feeless payments but lacks the smart contract integration that Request Network provides.
🔸 Why choose Request Network?
Request Network combines the advantages of blockchain technology with the accessibility of traditional payment methods, making it an attractive alternative for both businesses and consumers.
#RequestVsCompetitors #BlockchainAdvantage
🌍 Adoption & Usage
Request Network has firmly positioned itself in the business and Web3 sectors, particularly through the development of Request Finance for crypto invoicing and salary payments.
🔸 Request Finance:
Request Finance enables Web3 companies to automate crypto invoices and salary payments, promoting the adoption of $REQ.
🔸 Applications for businesses:
Companies such as Aave and MakerDAO use Request Network for handling payments, supporting the broader adoption of $REQ.
🔸 Network activity:
Although adoption is still in the early stages, Request Network already has integrations with key DeFi and Web3 projects.
#RequestAdoption #Web3Growth
🔒 Security & Governance
Request Network places a high emphasis on security and decentralization.
🔸 Smart contract audits:
The protocol is regularly audited by external security firms, ensuring the safety of the smart contracts.
🔸 Decentralized governance:
Holders of $REQ can influence key decisions regarding the protocol, ensuring transparency and control by the community.
🔸 No single point of failure:
The use of blockchain technology means there is no central entity that can disrupt the network, enhancing security.
🔸 Why is security important?
Blockchain technology ensures transparency and immutability, safeguarding the transaction history and preventing fraud.
#RequestSecurity #BlockchainTrust
✅ Why choose $REQ?
Request Network provides a powerful solution for businesses and individuals seeking efficient and transparent payments.
🔸 Cheaper than traditional payment methods:
With low transaction fees, Request Network is a cost-effective alternative to traditional payment systems.
🔸 Large marketplace compatibility:
The network supports payments in various currencies and is already integrated with several DeFi and Web3 platforms.
🔸 Potential for Web3 adoption:
The adoption of blockchain finance offers $REQ the chance to grow in the long term.
🎯 What makes Request Network ( $REQ ) an interesting choice?
With its focus on decentralized payments and automating business processes, Request Network offers a valuable alternative to traditional payment infrastructure.
#RequestAdoption #BlockchainSolutions
🤖 Considerations:
⚔️ Competition:
The competition in the payment space is fierce, and Request Network must continue to differentiate itself from large centralized platforms like PayPal and Stripe.
🌍 Adoption and Network Growth:
Although Request Network already supports various Web3 projects, it is still important to monitor adoption and network activity.
💸 Tokenomics:
The burning of $REQ can have deflationary effects, but the platform's growth will be essential for the long-term value of the token.
#CryptoFundamentals
🛒 Want to buy $REQ?
$REQ is easy to buy on #Bitvavo:
✅ Over XXX #Altcoins available
✅ Up to €100,000 #AccountGuarantee
✅ Registered with De Nederlandsche Bank (#DNB)
✅ Sign up via the link below and trade up to €10,000 completely #Free!
🔗
#CryptoJournaal #AltcoinPedia #Bitcoin #Crypto #Exchange
📚 Useful resources and extra information:
Want to dive deeper into the world of #RequestNetwork or looking for the latest updates and developments?
These links will help you stay informed:
🔹Discord:
🔹GitHub:
🔹Official Website:
🔹Telegram:
🔹X (Twitter): @RequestNetwork
#CryptoResources #StayInformed
⚠️ Important Notice:
🔹 This post is purely for educational purposes and not financial advice!
🔹 Only invest what you are willing to lose:
#Crypto-investments can be volatile, and you may lose part or all of your investment.
🔹 Always do your own research (#DYOR):
Do thorough research into #crypto-assets, platforms, and wallets before investing.
🔹 Understand the risks of volatility:
The value of #cryptocurrencies can change quickly, so be prepared for price fluctuations.
🔹 Keep your private keys safe:
Losing your private keys can result in losing access to your crypto assets.
🔹 Use reliable platforms:
Ensure you trade crypto through trusted and regulated exchanges or wallets that meet the necessary security standards.
#CryptoRules #CryptoSafety #CryptoRisks #Dyor
XXX engagements
Related Topics ethereum blockchain blockchain protocol decentralized $req coins defi ethereum coins layer 1