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Ethereum-based altcoin breaks 280% in just seven days after a new gaming partnership was announced

An altcoin specializing in financial services is booming after entering into a new partnership with one of the hottest Metaverse games.
Request Network’s REQ native token skyrocketed 280% as news spread that the popular virtual world The Sandbox (SAND) started using Request’s basket of accounting services.

The altcoin rose from $ 0.20 to $ 0.76 in a matter of days. At the time of writing, REQ is trading at $ 0.73.

According to the project’s website

“Payment experiences should be free of artificial barriers imposed by closed ecosystems. We work with leading innovators and organizations in the decentralized financial ecosystem (DeFi) together to create seamless financial experiences. “

The main functions of the Request Network include the creation of invoices for incoming payments in various Cryptocurrencies as well as accounting tools for financial management.

Sandbox co-founder Sebastien Borget says that only Request Network provided the scope of solutions needed for an efficient workflow.

“Payments and accounting are a challenge for large companies that trade in cryptocurrencies. Manual payments to large numbers of BlockchainWallet-Addressing and recording transactions cost the team valuable time and energy every month.

We really needed a way to automate payments to our employees and contractors and easily incorporate the company’s crypto transactions and assets into annual financial audits.

Using Request Finance has helped us cut the time we spent making crypto payments by 90% every month. This frees up our time and mental resources to focus on building a better platform for our community of developers and players. “

Request Network has also formed a number of partnerships, including with Maker (MKR), Aave (AAVE), Ocean Protocol (OCEAN) and The Graph (GRT).
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Source: Crypto News Deutsch

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