News reaching Ethereum World News indicate that you can now send payment requests on the Request Network application using the following five ERC20 tokens as well as Ethereum (ETH).
- Request Network (REQ)
- Kyber Network (KNC)
- DigixDAO (DGX)
- Dai (DAI)
- OmiseGO (OMG)
The developers at Request Network are currently working on making Bitcoin (BTC) payment requests available on app.request.network. The team also promises to keep improving the BETA version of the App by continually adding new features in the coming months.
The current BETA version of the Request Network App currently allows the user to do the following:
- Connect to your Metamask or Ledger Nano S wallet
- Create and send a request
- Pay a request
- Pay a request multiple times
- Update a request (add a subtract as the payee or an additional as the payer)
- Check your requests associated with an ETH address
The Request Network have also released a test version of their crowdfunding application.
The DApp provides a simpler avenue to raise funds as well as kick start a donation drive for your project. Built on the Request Network protocol, the DApp allows for the decentralized way of funding projects with funds going directly to the organization or project leader. The DApp also has lower transaction fees when compared to other such platforms.
This version allows fundraisers to:
- Set up a crowdfunding campaign
- Raise funds with cryptocurrencies
- Get paid on any ETH address
The Request Network prides itself as being secure and eliminating the need for third parties in the funding campaign. The Request is saved on an immutable, authentic ledger, which acts as a unique source of truth for accounting and auditing processes. The platform integrates a trade law system and works across every legislation.
Current market analysis indicate that the digital asset of the project, Request Network (REQ), has also been affected by the sudden decline in values of crypto assets this Friday. REQ is currently trading at $0.0834 and down 12.37% in the last 24 hours.