Parkgene ICO review

PARKGENE is a convenient and reliable way to find Parking, uniting drivers, companies and individuals.

Our vision is to destroy the traditional, predominantly offline, industry Park, estimated at $100 billion annually, and also provide drivers the best Parking experience and to help cities to become smarter and greener.

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We set the GENE tokens as currency for the automotive industry, allowing drivers to pay for Parking and integrating them with mobile services, cars and car infrastructure.

How it works

Drivers in search of Parking spaces virtual meeting with owners of Parking lots through the application PARKGENE.

As soon as the driver reserves a Parking space, it triggers a smart contract PARKGENE on the public blockchain of Ethereum.

App PARKGENE translates full Parking fee in the GENE tokens from the wallet of the driver in, the Depositary (temporary wallet). If the purse of the driver are not enough tokens, the driver can use their credit card or other means of payment (Bitcoins, Esters) to buy tokens GENE real-time payment transactions.

Successful reservation and payment unlocks additional functionality of the application drivers and owners of Parking lots that need to complete the Parking session:

For example, the driver will be able to open the garage door with your mobile phone, while the Parking lot owner will receive a notification and will be able to observe the entry/exit of the car with video cameras. This functionality is optional and is achieved by the integration platform PARKGENE with existing remote access tools available on the market, or using a special device that PARKGENE will offer Owners of Parking at a very reasonable price.

At the end of the successful transaction the parties enter into a contract in Ethereum blockchain.

The owners of Parking spaces get into your wallet from the Depositary, 75% of the cost of a smart contract in the GENE tokens as soon as the driver releases the Parking space.

The remaining 25% are distributed as follows:

5% of the total amount transferred to the driver and the owner of the Parking lot after they perform certain actions to improve the ecosystem (e.g., assessment, surveys).

20% of the total amount transferred PARKGENE to cover operating costs and the cost of advertising, development, cloud services.

At any time users of the platform can buy or sell the tokens for Fiat currency (USD, EUR, JPY, CNY, etc.) or other cryptocurrencies (BTC, ETH, etc.) using a number of cryptocurrency exchanges, working with token GENE.

The number of GENE is limited to 1,000,000,000 tokens GENE.

We expect that the growth in the number of users and smart contracts will lead to higher demand for tokens GENE among drivers. This in turn will lead to the fact that tokens will be accepted as means of payment by other service providers (such as toll roads, car washes, insurance companies, tow trucks, etc.).

ParkGuru app can be downloaded from AppStore and Google play.

Selling Tokens

For the execution of the vision PARKGENE, we are launching the Sale of Tokens to produce tokens GENE on the public blockchain of Ethereum. The tokens bearing the name of the GENE Tokens will be offered during the private phase PRE-ICO and a public sale ICO.

15 December 2017, PARKGENE will launch the private Phase PRE-ICO for the distribution of 2% of the total number of tokens (the maximum threshold of fees during the Closed Phase, PRE-ICO will have a size of 20 million Tokens GENE). To participate in the Closed Stage, PRE-ICO you must qualify and receive an invitation. [Tokens private Phase PRE-ICO SOLD]

Publicly the ICO phase will begin January 15, 2018, 10:00 am GMT, it will be sold to up to 35% of the total number of tokens.

All unsold at the stage of GENE ICO Tokens will be destroyed

ICO will be held on the Sales Platform PARKGENE. In order to participate in the ICO PARKGENE and receive a Token GENE, you must register for a free account. Tokens GENE will be compatible with standard ERC20 of the Ethereum blockchain, so you'll need a wallet that is compatible with the standard ERC20.

You can pay in Ethereum, Bitcoins, Bitcoin, Cash, Dash. Litecoin and DOLLARS with Bank transfer

GENE tokens will be issued on the Ethereum Blockchain when a Sale is completed and Tokens are distributed among depositors. We expect that GENE will be traded on Cryptocurrency Exchanges soon after their release.

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