Cryptocurrency Spotlight: Request Network

There's a huge dip in the cryptocurrency market as I'm writing this post. This is a great thing because it means a correction is happening and now is the time to look through the red on the list: https://coinmarketcap.com and buy low. Now is the time to buy and hold so you can have good returns in the future.

I took this opportunity to do a little research and noticed the Request Network. It's currently under 30 cents at the time of this post: https://coinmarketcap.com/currencies/request-network/

Request Network is a payment network on a decentralized platform designed to allow anyone to quickly request or receive pay as a recipient.

It has multiple partnerships.

There are more partnerships on the way. Though out of these, Y Combinator, a start-up incubator based in Silicon Valley, is especially impressive. Y Combinator has offered seed funding and direction to companies such as DropBox, Reddit, Coinbase, Airbnb, and Stripe among others. Typically, out of 1000s of startup companies that apply, only 1 to 2% are accepted.

There is a sense of direction and drive that the team has, so much so that they consistently deliver earlier than the designated times on their roadmap.

They give regular updates on their blog: https://blog.request.network/request-network-project-update-december-22nd-2017-first-feedbacks-colossus-introducing-request-51fc3387a686

They're very open about everything and communicate with their supporters.

So aside from a team that regularly updates their progress online and them having backing from a major startup incubator, why am I so interested in Request?

That's simple. I think that if the team succeeds, this will be better than existing platforms, like PayPal, Stripe, etc.

Request Network will allow for

• Transactions in both cryptocurrencies and fiat

• There's a rep system where you can rate transactions with other users, and this will improve your credit score

• Financial info isn't shared and you don't need to worry about typing in a wrong address

• The request system pushes for payments on time due to the reputation system

• There will be tax management in place to help both individuals and businesses track everything

This is all pretty great and I'd highly recommend you keep Request Network on your radar.

Please, everyone take the time to look through different companies and do your own research. Even if you don't invest in Request Network, consider investing now in any cryptocurrency of interest. Now is peak buying time.

Note: This is all my opinion and only meant for informational purposes. This is not financial advice and I am not your financial advisor.