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PARKGENE

Ended
Ended: Feb 19, 2018

PARKGENE is a convenient and secure way to find parking, connect drivers, individuals and businesses. Our Vision is to disrupt the traditional – mainly off line – Parking industry, sized at $100 Billion annually, and to provide drivers with a better parking experience, while helping cities become smarter and enviromentally friendly. We will establish the GENE token as the currency for the automotive industry, allowing drivers to pay for parking and integrating it with mobility services, vehicles and automotive infrastructure.

P2P Parking - Airbnb like - to disrupt the $100B Global Parking market. Parking 2x easier and 10x cheaper.

Peer to Peer parking “Airbnb like” revolution on Blockchain

An application enabling P2P short and long term parking agreements.

PARKGENE is a convenient and secure way to find parking, connect drivers, individuals and businesses. It’s a Peer to Peer Parking - Airbnb like - revolution on Blockchain Our Vision is to disrupt the traditional – mainly off line – Parking industry, sized at $100 Billion annually, and to provide drivers with a better parking experience, while helping cities become smarter and environmentally friendly.

Website

parkgene.io

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ICO Details

Ticker Symbol:
GENE
Platform
Ethereum (ERC20)
Accepts:
LTC, USD, BCH, DASH, BTC, ETH
Hard Cap:
30,000,000 GENE
Country:
Singapore
Total supply
1,000,000,000 GENE

Public Crowdsale

Ended
Date Sale:
Jan 15, 2018 — Feb 19, 2018 @ 35 days

Token distribution

$100K - $200K No Lock-in: %
Product Development 15.0%
Marketing 55.0%
$200K - $500K No Lock-in:: 55.0%
$25K - $50K No Lock-in: %
$500K+ No Lock-in: 60.0%
Business Development 10.0%
$50K - $100K No Lock-in: %
Continous RundefinedD 20.0%

ICO Overview

Vision PARKGENE is a convenient and secure way to find parking, connect drivers, individuals and businesses. Our Vision is to disrupt the traditional – mainly off line – Parking industry, sized at $100 Billion annually, and to provide drivers with a better parking experience, while helping cities become smarter and enviromentally friendly. We will establish the GENE token as the currency for the automotive industry, allowing drivers to pay for parking and integrating it with mobility services, vehicles and automotive infrastructure. How it works Drivers looking for a parking spot meet virtually with parking owners through the PARKGENE app. Once a driver reserves a parking spot, the reservation triggers the PARKGENE smart contract on the Ethereum Public Blockchain. The PARKGENE App transfers the full parking fee amount, in GENEs, from the driver wallet, to a depository (a temporary wallet). In case there is not enough GENEs balance in the driver’s wallet, the driver can use his credit card or other means of payment (bitcoins, ethers) to buy GENEs realtime and pay for the transaction. The successful reservation and payment provide additional App functionality to drivers and parking owners, which is needed for the completion of the actual parking session. For example, the driver will have the ability to open the garage door from his mobile phone, while the parking owner is notified and monitors – in live video – the entrance and exit of the vehicle. This functionality is optional – although very helpful – and is achieved through integration of PARKGENE platform with existing remote access tools that are available in the market, or a specific device that PARKGENE will offer to the Parking Space owners at very low cost. At the end of a successful transaction the parties conclude a smart contract on Ethereum, with the entry and its confirmation on the blockchain. The parking space owners receive, from the depository to their wallet, 75% of smart contract in GENE tokens, when drivers check out of the parking space. Out of the remaining: 5% of the total amount is paid to the driver and parking space owner as they perform several actions that enhance the ecosystem (eg. Ratings, Reviews). 20% of the total amount is paid to PARKGENE to cover operational, development, cloud services and advertising costs. At any time, the users of the platform can buy or sell GENE tokens for FIAT currency (USD, EUR, JPY, CNY, etc) or other cryptocurrencies (BTC, ETH, etc) by using several cryptocurrency exchange services that trade the GENE token. GENE is available in a limited edition of 1,000,000,000 GENE Tokens. We expect that the increase of users and number of smart contracts will increase the demand for GENEs among drivers, resulting in a token that other service providers (i.e. Tolls, Car Wash, Car Insurance, Tow Service providers etc) will likely receive as payment for their services.

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Hype ICO Stats

Team

Louis Hatzis
Chief Executive Officer
Nikolas Skarlatos
Chief Financial Officer
Giannis Ramfos
Chief Operating Officer
John Zarifis
Chief Technolgy Officer - Blockchain Expert
Tasos Flambouras
Chief of Digital Marketing

Advisors

Shahid Tanvir
Advisor, Chief Specialist (Advisor to CEO – Smart City, ICT) - Road and Transport Authority of Dubai
Russ Meneve
Advisor, Stand Up Comedian / Technology Enthusiast
Krishna Karthik
Advisor, CEO - Day1 Technologies
Vangelis Pastas
Advisor, Quantitative Researcher at Jump Trading LLC
Brian Subirana
Advisor, Director in MIT Auto-ID Laboratory - Cryptocurrencies/ blockchain researcher
Athanasios Kalekos
Advisor, Managing Partner Odyssey Venture Partners
Manos Chatzopoulos
Advisor, CEO Parkzen LLC - Astrophysicist Professor at LSU
Liz Davison
Advisor, Parking Consultant - Complete Parking Management Consultancy Ltd
George Giaglis
Advisor
Mixalis Marinos
Advisor, Actor / Economist / Technology Enthusiast

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