Request Network (REQ): D-Score 34/100 — Centralized Leaning BlockIndex D-Score: 34/100 (Centralized Leaning). Request Network (REQ) is a Layer 2 cryptocurrency using PoS consensus. Request Network (REQ): Ethereum-based payments and invoicing protocol providing developer-focused APIs, IPFS storage, and multi-chain settlement. Source: https://blockindex.ai/coin/req · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 34: Node distribution: 0: Initial distribution: 0: Governance: 21: Age and history: 13: Autonomy: 0: Key facts - Layer: Layer 2 - Consensus: PoS (N/A) - Launch: Other (2017) - Founder: Christophe Lassuyt, Etienne Tatur - VC funded: No - Max supply: N/A - Circulating: 796,694,831 Market data (as of 2026-06-19) - Price: $0.05 - Market cap: $43.31M - 24h volume: $2.17M - 24h change: -3.75% · 7d change: -4.01% About Request Network (REQ) is an Ethereum-based payments and invoicing protocol designed to simplify and standardize payment requests for businesses, marketplaces, and developers. Launched in 2017, REQ provides a set of developer-focused APIs, SDKs, and composable components — including Checkout, Invoice, Request Node, and Request Gateway — that abstract the complexities of multi-chain settlement, gas management, identity orchestration, and fiat rails. The protocol stores request metadata on IPFS while using Ethereum smart contracts for settlement and security guarantees. Request’s core mission is to be a payments primitive that enables auditable, programmable payment requests across crypto and fiat, lowering friction for merchants and enabling native integrations within e-commerce and accounting systems. Technically, REQ is implemented as an ERC-compatible token on Ethereum and operates primarily via smart contracts and off-chain components. The protocol leverages IPFS for request payload storage and uses gateway/payment processor abstractions to handle off-chain fiat conversions and on-chain batching of transactions. Key infrastructure pieces such as Request Node and Request Gateway allow aggregators and payment processors to batch and reconcile payments, reducing on-chain costs while preserving cryptographic auditability. The project emphasizes multi-chain settlement ambitions, referencing support for many blockchains and offering token contract instances on Ethereum and polygonal ecosystems. As an ERC-20 token, REQ does not maintain its own consensus or block production; it inherits Ethereum’s state and security properties. In practice, REQ is positioned as a developer- and enterprise-first toolset for invoicing and programmable payments. Its use cases span merchant invoicing, marketplace payouts, subscription billing, and integrations with accounting systems where auditable payment requests and reconciliation are valuable. The Request product suite — Checkout, Invoicing, Gateway, and Node — targets both on-chain crypto settlement and off-chain fiat rails, allowing straightforward embedding into existing commerce workflows. The project reports a long trading history, an active presence on major market data platforms, and measurable adoption metrics in its site copy (including processed volume figures and institutional usage cited in scraped snapshots). The token economics are oriented toward utility within the Request ecosystem, with a large total supply and a substantial circulating base of holders. Tokenomics and distribution details in the available extracts are limited: the scraped content reports an initial supply of approximately 1,000,000,000 REQ (commonly shown as ~999.41M total supply) and a circulating supply figure (~796.69M) but does not provide a clear premine percentage, founder allocation, or public initial percentage (PIP) breakdown in the provided files. Market snapshots show an ATH of $1.18 (Jan 6, 2018), an ATL of $0.004651 (Mar 13, 2020), and recent market metrics consistent with a mid-cap utility token. Governance documentation in the scraped snippets indicates an organizational structure associated with the Request Network Foundation and a board (Christophe Lassuyt and Etienne Tatur are named in board roles), rather than an on-chain DAO-based governance system. Development activity appears ongoing as of the 2025 snapshots included in the sources: docs, product checklists, and roadmap items indicate completed features around batch payments, crypto-to-fiat rails, Request account functionality, and private payment features. The project is described as open source with community contributions accepted on GitHub in the scraped content, though a canonical repository URL was not present in the provided files. Users and integrators should consult the official docs and token contract pages (Etherscan) for the latest technical specifications, contract addresses, and implementation guidance before integrating in production. Links - Website: https://request.network/ - Whitepaper: N/A - GitHub: https://github.com/RequestNetwork --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore