THE FIRST GLOBAL P2P BLOCKCHAIN PARKING ECOSYSTEM

Currently Parking creates a huge burden on drivers and the cities. One in three drivers abandoned their search for a parking space at least once in the past year, as drivers spend an average of nearly nine minutes in pursuit of a coveted spot. To solve this problem a Team created a Platform called “PARKGENE”.

PARKGENE’s decentralized technology will supply new parking spots in already crowded cities, which now remain unutilized,
peer-to-peer parking will generate new opportunities globally for myriad commercial parking lots, garages and residents to rent out their parking spaces with the aid of online marketplaces running over mobile and web platforms.

There aim is to create a more transparent and liquid way to park. PARKGENE addresses both the short and long-term parking rental markets by lowering fees, using decentralized conflict resolutions and making this market truly P2P, eliminating various middlemen, and ensuring that reviews and listings are honest, as they are stored on an immutable blockchain.

How will PARKGENE work?
Parking spot owners will be able to list and sell their spots directly to drivers. Blockchain and smart contracts are used to make the parking efficient, cheaper and secure, while GENE token payments resolve regulation compliance issues.

Parking spot owners want to sell directly to drivers.

Drivers can park 2x faster and 10x cheaper.

Token Sale :
https://parkgene.io/

During the Token Sale, PARKGENE PTE Ltd will issue a crypto token called GENE Token (GENE) on the Ethereum blockchain, operated by a smart contract which will be made available to buyers globally, excluding Restricted Persons.

The ICO will be executed from January 15th to the 19th of March and bonus tokens will be awarded based on the date of purchase and the actual volume.