Request

Request

REQ #517
A 79% Token Watch

Project Safety Score: 79%

Updated 53 minutes ago
RequestREQ
Market Cap$40236769
24hr Volume$1142773
24hr Change0.3%
Price$0.05405736583901342
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
79 A
100% · medium
Team
Credibility
73 BBB
100% · medium
Social
Behavioral
72 BBB
75% · low
Contract
Mechanics
99 AAA
100% · medium
Holder
Distribution
70 BBB
100% · medium

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REQ Request Details
Type
Payment Solutions
Launched
2017
HQ
Zug, Switzerland
Team
Doxxed
Polygon EcosystemEthereum EcosystemPayment Solutions

What Is Request (REQ)?
The Request (REQ) utility token, launched in 2017, ensures the performance and stability of the Request Network. The Request Network itself is an Ethereum-based decentralized payment system where anyone can request a payment and receive money through secure means. It removes the requirement for third parties in order to provide a cheaper, more secure payment solution that works with all global currencies.

When a user creates a request for payment, they define to which address the payment needs to be allocated and what the amount is. The user can also define the terms and conditions of the payment, upgrading a simple request into an invoice. Once this is completed, the user can share their request to be paid by their counterparty.

Every step is documented and stored on the Request network, allowing everyone involved to easily keep track of all the invoices and payments for accounting purposes.

Request is also integrated with legislation across the world to remain compliant with the trade laws of each individual country.

Who Are the Founders of Request?
The founders of Request are Christophe Lassuyt and Etienne Tatur.

Christophe Lassuyt is currently the chief financial officer at Request. Before this position, he co-founded MONEYTIS.

Etienne Tatur is the chief technical officer of Request. Prior to this, he also co-founded MONEYTIS and worked as a lead developer at QOBUZ, a music streaming service.

What Makes Request Unique?
The payments on Request are performed by simply sending an invoice through the blockchain; the counterparty can then detect the request and pay it with one click in a peer-to-peer manner. The fact that the payments are push-generated instead of pull-generated is one of Request’s key advantages. There is no need for users to share their account information. The use of blockchain technology also eliminates the need for third-party processors, resulting in a reduction in transaction costs.

The Request Network leverages decentralized blockchains such as Ethereum and IPFS for an increased level of security, privacy and data ownership for the end-user. The platform does have transaction fees, which is a cost that is required to broadcast a change to the blockchain network. The transaction fees are used to incentivize miners to reach consensus on the state of the network.

REQ can be stored on wallets such as Metamask, MyEtherWallet, Ledger, imToken, Trezor, Atomic Wallet, Jaxx Liberty and Trust Wallet.

How Many Request (REQ) Coins Are There in Circulation?
REQ is an ERC-20 token that can be spent to use the Request Network.

A portion of the REQ fee is burned at a rate that is determined by the current supply and the exchange rate with other currencies.

Request’s (REQ) circulating supply is at 999,912,165 REQ as of February 2021 and the maximum supply is 999,983,984 tokens.

How Is the Request Network Secured?
REQ is an ERC-20 token based on the Ethereum platform. The requests made with REQ are stored on an immutable digital ledger. This ledger also serves as proof for all auditing purposes.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Liquidity and market dynamics score 84 out of 100. Trading activity looks strong relative to market size, with a volume-to-market-cap ratio of 90 and Vol/MCap at 7.80%. Liquidity depth is moderate, supported by $4,249,758 in 24h volume. Exchange listing presence is high as well, with 36 exchanges identified (16 green, 16 yellow, 1 red), which generally improves tradability and price discovery.

Team credibility score 73 out of 100. The asset is mature at 8.6 years old (97), and the team is publicly identified (100). Audit coverage is limited but present, with one audit firm on record (60). Public development indicators are mixed: GitHub activity is low (32 with 0 commits in the last 4 weeks) alongside modest visibility (112 stars), and the whitepaper is rated medium (70). A key flag is “no recent commits,” which aligns with the GitHub activity datapoint.

Social and behavioral score 68 out of 100. On-platform audience data is limited but present: Twitter, Telegram, and Reddit accounts are linked, with social_audience at 25. Agent risk signals are strong in the available enrichment: 0 allegations, 0 bad press, 0 regulatory flags, and 0 incidents (100). However, the influencer signal feed snapshot is not available, and there is also “no enrichment record” noted for that specific field, reducing visibility into broader behavioral signals.

Contract mechanics score 5 out of 100. Critical technical assurance metrics are largely missing or unavailable: no contract security scan, no contract verification data, no ownership data, and no block explorer data. Supply settings show a hard cap of 1,000,000,000 (supplycapdefined = 5), and 74% of total supply is circulating (circulating_ratio = 5), but without verified contract/ownership details, the practical safety assessment remains very weak.

Inherent crypto risk (Request): Even with solid liquidity and decent team visibility, smart-contract tokens carry execution risk that depends on verifiable contract and ownership details. Here, the contract-mechanics bucket is very low due to missing or unavailable security and verification information, so holders may face elevated uncertainty about how reliably the system has been reviewed and how securely it is controlled.

  • Christophe Lassuyt - Co-Founder & CFO (Request Network)
    Listed as co-founder/CFO in third-party company/executive listings; Request Network’s legal notice lists Lassuyt Christophe as Chairman of the Foundation Board.
  • Etienne Tatur - Co-Founder & CTO (Request Network)
    Listed as co-founder/CTO in third-party company/executive listings.
  • VeriChains Lab 2018-03-22 pass report ↗
    Audit found no major vulnerabilities in the scoped Request Network smart contract code (7 source files).
View whitepaper ↗ (2018)
Quality: medium
Multiple sources reference the same whitepaper URL; the audit report PDF also references this URL. I did not find a separate first-party tokenomics allocation breakdown tied to the whitepaper within the sources collected.
Max supply: 999,877,117
  • Official Request smart contracts repo is public (GitHub).
  • Third-party smart contract security audit (VeriChains Lab, 2018-03-22) reported no major vulnerabilities in the scoped contracts.
  • Request Network docs describe REQ “lock, bridge, and burn” mechanics tied to storing requests.
  • No recent code commits
  • A single wallet holds over 10% of supply

Price Chart - Request

Contract Security

ethereum · 0x8f8221afbb33998d8584a2b05749ba73c37a938a
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Deploy Date
Nov 24, 2021
polygon-pos
Deployer
0xfa9da516312…
Total Holders
41571
Top 10 Hold
42.8%
Top 50: 82.0%
Top Holders
  • 0x0632dcc37b1fabf2c… 18.49%
  • 0xf977814e90da44bfa… 5.00%
  • 0xda5d8915e2d7880ea… 4.40%
  • 0x4a604d9865ee1b298… 2.56%
  • 0xbfb2b3cab85608dd1… 2.39%
  • 0x38106f0cf2787b861… 2.26%
  • 0x291f00c7fff81a343… 2.01%
  • 0x4919f5da960edaf34… 1.95%
  • 0x915694efbc4dd623b… 1.89%
  • 0x3b66a00878a11fcf6… 1.89%
Source: ethplorer · Etherscan
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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$1.06
All-Time Low$0.0045
Circulating744291192
Total Supply999416741
Launch2017-10-07

Community Sentiment

👍 100% 0% 👎

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Posts from the RequestNetwork
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Developer Activity

GitHub stars⭐ 112
Forks7
Watchers2
PRs merged5
View on GitHub →

Request GitHub