Measures absolute and relative price fluctuations over several time frames and other variables.
Calculates returns in comparison to moving averages and other factors.
Measures the ability to scale, upgrade and other technological weaknesses or strengths.
Evaluates public acceptance, participation of developers and other key factors.
Request Network is trying to fix a lucrative global problem. The solution to this problem is so enticing that many other blockchain projects have dedicated themselves to solving it as well. These companies include: Status, Metal, Monetha, OmiseGO, Everex, TenX, Monaco, Centra, Token Card, Pillar, and many others. These companies are not all direct competitors but there is a considerable amount of overlap between these companies’ roadmaps and that of Request which means that Request has to outperform these other companies in order to become relevant.
The issue that the Request Network project is trying to solve is massive. This means that if they are successful the ROI can be equally substantial. But study out Request’s competition before investing and only invest if you think it has the proper resources and team potential to muscle out the other blockchain projects.
The Request project is simple, secure, and cheap in a way that has many crypto traders talking about their project. However, Request has yet to release a proof of concept for their project so for now this rating all relies on their whitepaper and nothing else.
Things were are on the up and up for Request Network especially considering their partnership with Y Combinator, Iexec, Quantstamp, and ING. However, ING has since discontinued partnering with Request stating that ING cannot be linked with an ICO in the context of European countries deciding how to regulate ICOS. Had that partnership still been in place, Request would have received a higher rating in this category.
Another concerning aspect of Request is that all the team members are working on both the Moneytis and Request projects.
Request Network (created by the Moneytis team) wants to become the future of invoicing and replace PayPal by leveraging the strength of the blockchain. Request’s roadmap and promises are vast and concrete but they have yet to come out with a proof of concept.