Request (REQ) is a utility token that powers the Request Network, an open-source protocol that enables decentralized, secure, and cost-effective payments ¹ ². It's built on the Ethereum blockchain and allows users to create and share payment requests without intermediaries.$REQ
*Key Features:*
- _Decentralized Payment System_: Request Network eliminates the need for third parties, making transactions more secure and cost-effective ¹ ².
- _Open-Source Protocol_: Anyone can contribute to the protocol's development and submit pull requests on Github ¹.
- _ERC-20 Token_: REQ is used for anti-spam measures, governance, staking, and discounts within the network ¹ ².
*Founders and History:*
Request was founded by Christophe Lassuyt and Etienne Tatur, both YCombinator alumni with experience in crypto and web3 industries ¹ ². The REQ token was launched in 2017 to support the performance and stability of the Request Network.
*Use Cases:*
- _Invoice Financing_: Request Network integrates with legislation worldwide, ensuring compliance with trade laws ¹.
- _DeFi Applications_: REQ can be used for instant financing on DeFi apps ¹.
- _Cross-Border Payments_: Request Network supports global currencies, making it ideal for international transactions ¹.
*Market Information:*