Why does YC call Request Network the next PayPal?
Decentralized payment platform.
Pay with whatever currency you want, wherever you are with additional options like escrow, continuous payments, and automated taxation and accounting.
Here are my top reasons on why I am holding REQ.
1)Token burning - The way I understand it, REQ tokens are burned with each transaction. This means REQ tokens will automatically appreciate in value. This alone is worth HODLing REQ tokens.
2)Currency Agnostic/Mass Adoption - The game changer for me is the fact that REQ can be used with fiat. The problem with most dApps is they are tightly coupled with cryptocurrency, and crypto isn't quite mass adopted yet. Joe six pack can use Request with fiat because of it's lower fee's over Paypal's and not care about the 'blockchain magic' that's going on beneath the hood. If normies start using Request, you know what that means? Mass Adoption!
3)REQ is backed by Y-Combinator - Need I say more? Y-Combinator is the Harvard of startup accelerators. As a matter of fact Y-Combinator is harder to get into than Harvard! If REQ is being backed by these guys, then obviously they are doing something right. Remember Y-Combinator has backed Reddit, Coinbase, Airbnb and Dropbox to name a few. Ironically, if it weren't for Coinbase or Reddit, I probably would'nt even be into crytpo.
4) We're already as low as we can get. Every coin has its day. There are tons of sh#tcoins that have 2x'ed, 3x'ed with time and don't have a fraction of the awesome use cases that Request has. If you get in now, rest assured that the only way we can go is up. If you guys have seen REQ ambitious roadmap, you know that once this baby gets rolling, it's going to be too late to jump in if aren't in already. Do you really want to be the 'guy' that sold all his Request tokens the week before it mooned? Or the guy that sat on the sidelines while this coin was sitting under ico price? Yeah, don't be that guy.
5)Colossus - This is only a FEW weeks away guys. I mean, if you can't HODL for a few weeks, then just stop investing. Everyone in crypto thinks they are entitled to a 10x overnight. Even the most successful ico's of all time took time. Imagine if you sold all your ETH one month after the Ethereum ico! Anyway, REQ is delivering a site, that will actually be useful, in less than a FEW WEEKS.
6)Fee's - REQ token holders we will receive 0.1 - 0.5% of the fees. So this along with the token burning is an easy way to make passive income. I mean it just doesn't get any better than this.
7)Request is a Platform - If we look at the most successful ico's of recent memory, Ethereum, Stratis, NEO, LISK, etc they are all platforms. There is a common misconception that Request is a just another dApp but that is not the case.
There are a lot of other reasons, that I might add on later. But feel free to add to this list.
I think sometimes Investors forget why they invested in Request and sometimes we need to be reminded of the potential of this coin. Like I said other coins have mooned doing much less. We're next up to POWR!
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