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Request Network

Request Network (REQ)

$ 0.05
0.93 %
Main info
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Markets
Analytics
Market cap
$40.36M
0.93 %
Volume (24h)
$283.02K
0.93 %
Circulating supply
796,694,831 REQ
Total supply
999,416,740 REQ
Max. supply
1,000,000,000 REQ

About Request Network

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

Key data

updated $0
Market cap$40.36M
Volume 24h$283.02K
Circulating supply796.69M80% of max 1B
All-time high$1.06-95% from peak · 2018-01-05

Request Network (REQ) is a decentralized network built on Ethereum that simplifies payments and invoicing. The REQ token is used to power transactions and governance within the ecosystem. It aims to make financial operations more transparent and efficient.

Frequently asked questions

What is Request Network and how is it different?

Request Network is a decentralized platform for payment requests and invoicing, leveraging blockchain for transparency. Unlike traditional systems, it eliminates intermediaries and reduces costs.

How does the technology behind Request Network work?

Request Network uses Ethereum-based smart contracts to automate payment requests and invoices. It ensures secure, tamper-proof transactions without relying on centralized authorities.

How is the REQ token emission structured?

REQ has a fixed hard cap of 1 billion tokens, ensuring scarcity. Tokens are distributed through initial sales and ecosystem incentives, with no further minting possible.

How can I store and use REQ tokens?

REQ tokens can be stored in any Ethereum-compatible wallet like MetaMask or Ledger. They are used for transaction fees, governance, and accessing network features.