Request network

THIS COIN WILL BE HUGE , PARNERING WITH ING BANK NEXT WEEK

Source? You do know that they have regular meetings with ING because of moneytis

To make it big you have to take risks about which coins you think have upside potential. I'm willing to risk it all on this one. I literally went all in and am in the top 100 hodlers. I don't see any better coins out there for several reasons:
>Professional team - doesn't fuck around trying to create false hype like OMG, but are instead doing regular updates and recognise the need to be on more exchanges even though they believe DEXs are the future. They also stated that anyone could DM a team member if they had questions/concerns about the project.
>They already have a product and clients - check out moneytis.com, the team has stated that they all clients currently using moneytis will be transferred over to request. They have also stated that no more time is being spent on moneytis, all time is being spent on request.
>Their project is needed. This is auto auditing and accounting, and opens up a whole new way to pay, rent and get paid using continuous invoicing. Think about if you're on a salary at work, then every second more money will be going into your account, and money will be coming out for rent, electricity, phones, car repayments, etc. You won't have to worry about getting large bills and finding the money.
>They have a roadmap on how to get companies and governments to use their platform to port their tax systems over to through incentives bounties and taking a large cut of the fees ran through the contracts they create.
>They are backed and funded by ING and Ycombinator and they aren't able to tell us the details of either partnership as of yet.
>A portion of the tokens used as fees are burnt, and they have stated their will be an opportunity for staking after plasma/casper are implemented.

People get rich by backing companies with good fundamentals from ground zero. I feel like I've got a good chance to make a very good return on this and am going to try and take it all the way. Feel free to think differently.

Veeky Forumstards like to buy high, sell low

buy this shit now faggots

Yep, very solid poject, Agree with all these points.

Its very surprising to see the price hasnt recovered after BTG fork and everything else soared.

Its an amazing buy right now.

Risk all in one coin? Sopped reading there, Classic Veeky Forums investment strategy.

>>They have a roadmap on how to get companies and governments to use their platform to port their tax systems over to through incentives bounties and taking a large cut of the fees ran through the contracts they create.
Didn't proof read my comment, this reads retarded. It should read:
>Governments and companies have an incentive to use their platform, create their own contracts and to port over their own payment networks and taxation systems. Request will be offering bounties to get innovation up and running, and also giving a large cut of the fees to the people who create, own and run the smart contracts these payments will run through.

And btw, they have nothing besides a whitepaper, so i guess you are a larper pajeet

How do we know you aren't one of the Jews?

Why do you think the volume is low and dumping

>capitalizing jew

You should feel ashamed, user.

I don't see any other coins with as much of an upside potential as this one. I did consider pulling out part of my investment and putting it into RDN as the ICO price is quite reasonable, but I am hoping to find the strength to let go of crypto and forget about my investment for a while as being on Veeky Forums and checking blockfolio and reddit every day is wasting my time and consuming my life. If i invest in another ICO I don't think I can do this.

This is why the price is low. You take a risk on any project, if they had an MVP we wouldn't be below ICO price.

Could be literally because people invested more than they could afford to lose, or their opinions are different to mine and see better opportunities elsewhere. Also the team is trying to stay away from the hype cycle, so it could have been that they chose this time for an ICO strategically because they knew the focus would be on BTC. Realistically it was a bad time to do an ICO, but I dunno if that was strategic or not. It seems like most flippers are leaving the project though, I see less and less 'when moon?' posts on slack each day. I think that's a good sign. Also I keep getting pushed down the ladder on the top 100 hodlers list, I also see that as a good sign.

I can understand your move. Still no way to justify a 100% all in.
If they would have an MVP i would feel comfy investing, but this has even lower odds than gambling in the casino. Neither has the Team the deeper blockchain expertise. But it's crazy anyway that they got 32M with only a WP.
Good luck though, i will have an eye on that. Anything can happen in crypto.

In the near future, instead of using a third party, you’ll create your request directly on the blockchain which will enable a seamless payment experience. This process carries a number of benefits:

It will be cheaper
It will be more secure because you won’t share your financial information
It will be easier to pay, thanks to the blockchain interoperability between the payee app and the payer app
And this is just the beginning; Request builds upon this concept even further.

Request works with every currency
Request enables accounting in real time
Request improves financial audit with smart algorithms on the blockchain
Most interesting is the fact that Request allows machines to pay each other within a standard framework
The network consists of 3 layers. The core layer includes the most fundamental smart contracts used to create and detect payment requests. The extensions layer adds taxation and business rules. Finally, the application layer allows financial organizations to access invoices and facilitate payments.

The bottom line is that not only do we know how to implement such a process, but we have already created a working prototype. Our team has been working on payment networks and blockchain since 2014, and we are backed by ING bank and the YCombinator which provide valuable advice.

"Sounds good. Doesn't work" if you like to quote Trump.

Everyone who has read the WP and some blog articles of them, is getting the idea of the project. But who knows if they ARE ABLE TO deliever.

They are confirming that they are backed by ING bank and the YCombinator. You will cry soon if you don`t invet on tis project

Okay, let's say that all of this works out. What will give value to the REQ tokens?

You pay the network fees with REQ

Then you have the ability of the burning mechanism which is in the WP stated

And the ability of staking the REQ Tokens with Plasma.

But all depends if they are able to get the network out in the reality to be adopted.

Nice, just bought more. No kidding, this could easily go 10-30x.

"Pay with Request" will be an online option offering an alternative to the traditional "Pay with Paypal" and "Pay with credit card" solutions.

Cheap: no third parties taking commission of 1.5% to 6%
With Request, you can't be charged by a company without first agreeing to it, as you don't provide any credit card data

Token
While it is built on the blockchain ledger of Ethereum, Request aims to be independent from other currencies,
monetary policies, or technological choices so that we build the most robust system possible. We believe this
is the key to evolve through time with a growing community and develop an ecosystem around our framework
where more DAPP (Decentralized applications) are created.
5.1 Incentive for a secure ecosystem of applications
REQ tokens are ERC20 tokens which are necessary to participate in the network, create advanced Requests
and reward various parties who will help build the request ecosystem.
When using the network, the participants will need to pay a network fee in REQ which will be burned.
Burning the tokens could potentially increase the demand on the remaining REQ tokens.
The fees will be adjusted by the Request Network operators depending on the decreasing supply of REQ
and the exchange rate with the different currencies authorized by the network.

The network will have a built in system to reward platforms on top of the protocol who decide to charge
a REQ fee. In this way we favorize the creation of an entire financial open platform.
The costs we expect on the platform are 0.05% to 0.5% of the transaction. These costs will then decrease
when the volume of the network increases in order to remain competitive and to avoid incentivizing the
development of alternatives. With the global market transiting more than $ 5,000 billion a day, minimal fees
will become ample when the platform grows to a larger scale

That market sell tho. Someone got weak hands af.

This is some next level copy pasta my friend. I guess you invested some time for that. Good job.

That is free money right now. 27MM market cap for such great project is like eth at 1$. Buying more and more

I remember the LINKies, Arkies, Airswapies etc etc etc saying the same

I am copied this info from whitepaper. I can not get info about the project from space. That is for lazy people who doesn`t spend 5-10 mins to research and asking basic questions .

>Arkies
ARK literally is free money though. $10 next year is almost guaranteed.

Look that's what i mean. Don't trust this pajeet board, do your own research and please, never go all in.

Agreed. I only invest in undervalued projects with disrupting potential. Currently holding ARK, COSS and REQ. Was thinking about LINK, but am not convinced the price is gonna do much, so I bought more REQ instead.

on top of everything else request is a great name

"pay with request" sounds like something that could definitely catch on

not sold on the logo, I think it should be the whole word not just the R, more akin to paypals logo

Neither a fan of the Logo. It's not getting the attention or sth you would easily remind. But that's s problem for later later later

JUST

Bought around 360k at ICO price. That's real justed

Still holding ?

Doesn't matter at this point to sell. I have bought into this ico to hold until Q1-Q2, just a bad feeling to see my numbers completly in the red

Bought 64,000 initially via ICO, sold for a 20% loss to get into something else, went 2x up, then made stupid irrational decisions and went back down a lot, but can still buy 70,000 RQN.

This shits going sideways until the fork anyway so best just wait till then.

if you bought at ICO you should be DCA'ing in more at the bottom here. REQ is gonna moon its amazing anyone would sell this.

>people think they could be rich in days
Just fucking be patient. Do you know how much effort it takes to build up a cryptocurrency? At least wait until they reach further steps in their roadmap.

also what was the ico price in dollars?

Too much. Because ETH was Worth 340 in the time of the Ico :)

this is link all over again

Compare REQ with LINK

>Same Project idea
>Same roadmap
>Same chart pnd

Okok

It's fucking 2 weeks old. What the fuck for real now.
Just calm down bitcoin wasn't mooning this early either.

It can't even keep afloat. Each day it hits a new ATL.

Because it is a shitcoin right now. And this wont change any time soon.