/biz/ - Business & Finance

[Anonymous No.9619855]

So, there are a number of reasons why having a token is a good thing.

1) Technical independance - this is big, ETH for the foreseeable future will be the blockchain of choice (in my opinion), however in the future another chain might takeover (or provide more value) - if Request then moves change you can keep the same ecosystem because REQ is a seperate token.

2) Governance - One of the major challenges to a decentralised system is decision making. If the Request Network is to survive and flourish, there must be a system for governance. Here the intention is to use the REQ token for voting rights, with plans to create the necessary tools for administration and potentially a chat system.

3 ) The intention is to create a financial ecosystem which is not dependant on monetary policy in other currencies. Request should be as independent as possible from ETH inflation/deflation. In future it is highly likely that miners/stakers will be able to upgrade to Casper. This independence will allow Request to hard fork to a new system with a new technology by keeping the same token holders ecosystem.

People often say 'but why can't you just use ETH for fees' and the above reasons are why

[Anonymous No.9619860]

Haha did the fudders actually get to you man

[Anonymous No.9619904]

>>9619855
PEEQUEST
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POOQUEST

[Anonymous No.9619909]