Latest News

Request Network, REQ, Ethereum-Based Altcoin Spikes 280% Within Seven Days After Announcing New Gaming Partnership

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

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.