Join Our Mailing List
Monday January 30, 2023
Bitcoin (BTC) $23,635.33   Ethereum (ETH) $1,636.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Blockchain Technology

Request Network to give away $30 million to blockchain developers and projects

Published by CryptoNinjas.net
01/20/2018
Request Network to give away $30 million to blockchain developers and projects

Request Network, a Y-Combinator startup that raised 100,000 ETH last year (over $100 million at today’s valuation), has announced the creation of a new grant program that will distribute $30 million over the next five years to fuel innovation around the Request protocol.

The company has stated that it will allocate between $20k to $100k per project, paid out when pre-defined milestones are reached, and grants might increase for highly successful projects.

Request Network is creating a decentralized blockchain platform that, in its essence, allows users and businesses to request and receive payments using cryptocurrencies. The company recently released the demo of their platform on the Ethereum test network.

Examples of the types of applications that can be built on Request include:

  • Mobile apps to create, detect, and pay requests
  • Invoicing apps
  • Point of Sale
  • P2P payment apps
  • Crowdfunding apps
  • Online payments e-commerce plugins
  • Payroll apps
  • and more…

What is Request Network?

Request Network will allow for consumers, businesses, freelancers or anyone who sends and receives money for goods, services, or anything, to formally manage and request payments via a web and mobile portal. Fees on Request Network will be between 0.1 – 0.005%, a fraction of banks and money transfer services.

Request Network acts like a formal central management hub for sending money, managing payment requests and handling formal invoices, with everything stored on an immutable blockchain ledger to allow for formal accounting and auditing. This opens cryptocurrency invoicing and payments to be used more easily in a business setting. Request Network also works with every global currency.

The initial platform will enable requests and payments in Ether, the native currency of Ethereum, with future versions allowing payments in Bitcoin and other cryptocurrencies. The company has plans to integrate their payment platform to allow for online payments (without storing a credit card) and eventually with IoT infrastructure to allow objects, machines & artificial intelligence automatically negotiate and pay each other.

Find more information in the Request Network whitepaper.

11
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto payments platform Request adds batch payout feature

06/05/2021
Crypto payments platform Request adds batch payout feature

Request, a crypto payments network platform, announced that it has added a batch payments feature. Back in April, the Request team asked its users which feature should be built next for Request Invoicing. The...

Read more

Ethereum-based invoicing network Request goes over $750,000 transacted

02/10/2020
Ethereum-based invoicing network Request goes over $750,000 transacted

Request Network, an open network for transaction requests built on Ethereum, announced today a milestone with over $750,000 now transacted through the network. To offer users more flexibility when sending and receiving payment requests,...

Read more

Blockchain invoice protocol Request Network launches V2 to mainnet

08/19/2019
Blockchain invoice

Request Network, a protocol that enables companies and individuals to create, exchange and process invoices and payment requests through a global network, today announced the launch V2.0 of the protocol on the Ethereum mainnet....

Read more

Decentralized organization platform Aragon to accelerate development with grants

12/05/2017
Decentralized organization platform Aragon to accelerate development with grants

Aragon, the governance platform for decentralized organizations, today announced a grants program for its community called ‘Aragon Nest’. Through monetary support, direct counsel from the Aragon team, and community oversight, ‘Aragon Nest’ will support...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy