Request Network’s Token, an altcoin that focuses on financial services is spiking massively after dealing a new partnership with one of the hottest metaverse games.
Notably, The price of Request Network’s native token REQ hits a 280% increase. Of course, with the news of partnership with popular virtual world The Sandbox (SAND). So, SAND currently uses Request’s basket of accounting services.
More so, The altcoin spikes from $0.20 to $0.76 in a few days. Currently, REQ is trading at $0.73.
So, as per Request Network’s website,
“Payment experiences should be free from artificial barriers imposed by closed ecosystems…”
“We work together with leading innovators and organizations in the decentralized financial…”
“(DeFi) ecosystem to create seamless financial experiences.”
More so, some major features of the Request Network include generating invoices to receive payments. Notably, Payments in different cryptocurrencies and also using accounting tools for financial management.
Additionally, The Sandbox co-founder Sebastien Borget explains that only Request Network offers the scope of solutions for efficient workflow.
“Payments and accounting are challenging for large companies that deal in crypto…”
“Making manual payments to large numbers of blockchain wallet addresses,..”
“and recording the transactions took up precious time and energy from the team each month.”
“We really needed a way to automate payments to our employees and contractors,…”
“and easily account for the company’s crypto transactions and assets during annual financial audits.”
“Using Request Finance has helped us slash the time we spent on making crypto payments…”
“by 90% every month. That frees up our time and mental resources to focus on…”
“building a better platform for our community of creators and gamers.”
Lastly, Request Network is in partnership with quite a number of them, including with Maker (MKR), Aave (AAVE), Ocean Protocol (OCEAN), and The Graph (GRT).
Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>>
Related Posts – Bank DBS’s Crypto Business Grows Massively Due To Growing Demand From Investors
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.