My DD for Request Network, an ambitious project.

My DD for Request Network. An undervalued project with ambition that is on steam and is hitting goals on a weekly basis.

In short

From simple payment requests to fully compliant digital currency invoices. Request helps you to get paid in crypto while providing full control over your financial data.

And i'm not going to write out their whole website for you just have a look at https://request.network as they're doing a really good job already, but i'll give you a summation and why i think req is undervalued as is. Also have a look at https://req.network to see KPI's.

Some features that have already landed or will land within a month:

• Stripe integration.
• Reputation System. (released for closed beta testing)
• Currency swaps. Thats right, request to be paid in ETH and let the payee pay in the currency they feel like.
• XDai integration to reduce fees while ethereum gas fees are extremely expensive.

Some features being planned for the near future:

• FIAT gateways.
• XERO integration. (a major accounting software provider)
• Staking.

Some of the leading innovators and organizations in the decentralized financial (DeFi) ecosystem that either use Request or are partnering with them:

• MakerDAO (top 100 CMC), read their customer story here https://request.network/en/customer-stories/makerdao/
• AAVE (top 100 CMC)
• Gnosis Safe (top 100 CMC)
• NEAR protocol (top 100 CMC)
• Ocean Protocol
• The Graph
• Indacoin
• 88mph

Ambitions for this year:

• Hitting 5000 business use cases
• Daily transactions 800 to 1000 a day. (current highest day has hit 110 transactions which includes: invoice sent and invoice paid)

So why will this ever be worth more OP?

• Adoption.
• Token burn.
• Staking.
• Voting.

So why is this undervalued OP?

Lets see, so first of all the request foundation has around $47M in assets (Ethereum and KNC), they also hold 1/5th of the supply of all tokens which are never used therefore the supply is smaller than it looks like, oh and those tokens are worth around $33M at the time of writing. That means the company itself is worth around $80M YET the market cap is ONLY $160M! thats only twice the foundations worth.

They only just started marketing because they do not believe in quick hype and quick coins, they and their investors believe in the product, and now the product is fully usable they're starting marketing and are scaling up, looking for full stack developers at the moment. (apply here if you want: https://request.network/en/career/)

Oh so you like mysteries? Ok fine!

Users from the Request discord have started noticing a few whale wallets (we call them whallets) starting to buy regular tokens, normally around 80k per buy, do you have any explanation why? I might make another post about this soon. Example of a whallet: https://etherscan.io/token/0x8f8221afbb33998d8584a2b05749ba73c37a938a?a=0x027dff68c06d39e1c274b359c4dc269eb40d2c19

TL;DR: Request is a invoicing network focusing on the DeFi ecosystem, pay with any currency, get paid in the currency you want. Possibly has $80M in their reserve and at the moment of writing only has 2 times that as a market cap 160 Million.