PARKGENE – Decentralized Parking Based Blockchain

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PARKGENE – Decentralized Parking Based Blockchain

PARKGENE expects to improve parking spot utilizing the energy of the blockchain and the tokenized economy. Clients will depend on a smart contract to achieve parking space proprietors and pay in digital currency utilizing the Ethereum blockchain. The PARKGENE ICO will keep running from January 15 to February 19.

PARKGENE is an advantageous and secure approach to discover parking, interfacing drivers, people, and organizations.

Our Vision is to disturb the conventional – for the most part disconnected – Parking industry, measured at $100 billion every year, and to furnish drivers with a superior parking knowledge while helping urban areas end up smarter and naturally cordial.

We expect to make parking in urban areas twice as simple and ten times as modest. We will build up the GENE token as the cash for the car business, enabling drivers to pay for parking and incorporating it with portability administrations, vehicles, and car framework.

PARKGENE’s decentralized innovation will supply new parking spaces in effectively swarmed urban areas, which now remain unutilized, by empowering the Peer-to peer sharing as well as the consistent combination of all contending parking innovation arrangements offered by the business, in this manner making a utilitarian commercial center.

P2P commercial centers isn’t another thought. We have seen a few fruitful applications in the cabin business with organizations like Airbnb, or in the car business with Uber and Lyft. A couple of new businesses have just developed in offering P2P Parking yet scaling has dependably been an issue. We trust that PARKGENE will make the establishment where the entire P2P and Professional Parking Marketplace can work consistently by associating drivers, spot proprietors and Technology suppliers who offer stop booking administrations on a hearty blockchain foundation which uses the GENE Tokens (GENE) as a typical value-based money.

What is PARKGENE?

It’s a P2P Park Booking Provider

Basically, PARKGENE is like the “Airbnb for parking”. We will interface individuals that claim parking spots with drivers who need to stop, give extra parking spots to the market, and undercut the cost of high parking charges while giving a salary source to all parking space proprietors who lease their carports and carports.

PARKGENE, based on the Ethereum blockchain, will be the principal framework which permits drivers and proprietors of parking spots to execute with each other specifically. Our point is to make a more straightforward and fluid approach to stop. PARKGENE tends to both the short and long haul parking rental markets by bringing down charges, utilizing decentralized peaceful settlements and making this market genuinely P2P, wiping out different brokers, and guaranteeing that audits and postings are straightforward, as they are put away on an unchanging blockchain.

It’s an Automotive Services Ecosystem

However, PARKGENE is something other than a P2P application for parking. It’s a biological system and money that plans to associate, the whole car industry in a work commercial center system. PARKGENE plans to create to worldwide car platform in view of blockchain innovation.

PARKGENE will give all the fundamental instruments to existing business sector specialist organizations, enable them to associate, execute and fabricate a developing worldwide group that matches the nearby free market activity of parking spots utilizing the GENE. At first, building up GENE Tokens (GENE) as the value-based money for the parking business will possibly pull in various other important enterprises (auto protection, tolls, car administrations, and so on.), that could utilize our appropriated record innovation and begin tolerating GENEs for installments.

How do PARKGENE works?

Drivers searching for a parking space meet basically with parking proprietors through the PARKGENE application.

Once a driver holds a parking space, the reservation triggers the PARKGENE smart contract on the Ethereum Public Blockchain.

ParkGene Works

The PARKGENE App exchanges the full parking charge sum, in GENEs, from the driver wallet to a storehouse (a transitory wallet). On the off chance that there aren’t sufficient GENEs adjust in the driver’s wallet, the driver can utilize his Visa or different methods for installment (bitcoins, ethers) to purchase GENEs realtime and pay for the exchange.

The fruitful reservation and installment give extra App usefulness to drivers and parking proprietors, which is required for the finish of the genuine parking session. For instance, the driver will be able to open the carport entryway from his cell phone, while the parking proprietor is told and screens – in the live video – the passageway and exit of the vehicle. This usefulness is discretionary – albeit extremely supportive – and is accomplished through a combination of PARKGENE platform with existing remote access apparatuses that are accessible in the market, or a particular gadget that PARKGENE will offer to the Parking Space proprietors requiring little to no effort.

Toward the finish of a fruitful exchange, the gatherings close a smart contract on Ethereum, with the section and its affirmation on the blockchain.

The parking spot proprietors get, from the storehouse to their wallet, 75% of smart contract in GENE tokens, when drivers look at of the parking spot.

Out of the remaining:

5% of the aggregate sum is paid to the driver and parking spot proprietor as they play out a few activities that upgrade the environment (eg. Appraisals, Reviews).

20% of the aggregate sum is paid to PARKGENE to cover operational, improvement, cloud administrations and promoting costs.

Whenever, the clients of the platform can purchase or offer GENE tokens for FIAT cash (USD, EUR, JPY, CNY, and so forth) or different digital forms of money (BTC, ETH, and so forth) by utilizing a few cryptographic money trade benefits that exchange the GENE token.

Token Is Limited

Quality is accessible in a constrained release of 1,000,000,000 GENE Tokens.

We expect that the expansion of clients and number of smart contracts will build the interest for GENEs among drivers, bringing about a token that other specialist organizations (i.e. Tolls, Car Wash, Car Insurance, Tow Service suppliers and so forth) will probably get as an installment for their administrations.

Token Sale

ICO: Early Bird – Week 1

January 15, 2018, 10:00 AM (GMT) – January 22, 2018, 9:59 AM (GMT)

  • 15 – 25% bonus

Bonus depends on the contribution amount:

Contribution Bonus

  • 20,000 USD and more 25.0%
  • 5,001 – 20,000 USD 22.5%
  • 1,500 – 5,000 USD 20.0%
  • less than 1,500 USD 15.0%

ICO: Week 2

January 22, 2018, 10:00 AM (GMT) – January 29, 2018, 9:59 AM (GMT)

  • 10 – 20% bonus

Bonus depends on the contribution amount:

Contribution Bonus

  • 20,000 USD and more 20.0%
  • 5,001 – 20,000 USD 17.5%
  • 1,500 – 5,000 USD 15.0%
  • less than 1,500 USD 10.0%

ICO: Week 3

January 29, 2018, 10:00 AM (GMT) – February 5, 2018, 9:59 AM (GMT)

  • 5 – 15% bonus

Bonus depends on the contribution amount:

Contribution Bonus

  • 20,000 USD and more 15.0%
  • 5,001 – 20,000 USD 12.5%
  • 1,500 – 5,000 USD 10.0%
  • less than 1,500 USD 5.0%

ICO: Week 4

February 5, 2018, 10:00 AM (GMT) – February 12, 2018, 9:59 PM (GMT)

  • 5 – 10% bonus

Bonus depends on the contribution amount:

Contribution Bonus

  • 20,000 USD and more 10.0%
  • 5,001 – 20,000 USD 7.5%
  • 1,500 – 5,000 USD 5.0%

ICO: Week 5

  • February 12, 2018, 10:00 AM (GMT) – February 19, 2018, 9:59 PM (GMT)
  • 2.5 – 5% bonus

Bonus depends on the contribution amount:

Contribution Bonus

  • 20,000 USD and more 5.0%
  • 5,001 – 20,000 USD 2.5%

TOKEN DISTRIBUTION & FUNDS ALLOCATION

ParkGene Distribution

TOKEN DISTRIBUTION

Token Sale 35%
Bounty 5%
Advisors & Team 10%
Founders 10%
PARKGENE Future Fund 40%

FUNDS ALLOCATION

Product Development 15%
Marketing 55%
Business Development 10%
Continous R&D 20%

Roadmap

  • 01 May 2017
    Platform Development and Commercial rollout
    COMPLETED Park Booking Platform has been developed and successfully rolled out commercially as MVP available at https://parkguru.com
  • 15 Dec 2017
    Pre-ICO Closed Round
    2% of the tokens will be distributed during the Pre-ICO Closed Round
  • 15 Jan 2018
    ICO – Token Sale
    35% of the tokens will be distributed to fund the development of the PARKGENE project and commercial rollout
  • 19 Feb 2018
    Launch of PARKGENE Beta version
    Beta version will be a fully functional product for iOS, Android & Web, we want to have some additional time to listen to recommendations.
  • 01 May 2018
    PARKGENE Official release
    Official Launch and Global Advertising campaign. PARKGENE will be available in more than 20 languages
  • 30 Jun 2018
    Community Growth
    We estimate 5 million PARKGENE users by the end of 2018 and 15 million users by the end of 2019

Team

ParkGene Team

Advisor

ParkGene Advisor

To know the latest information about ParkGene project you can visit the link below:

 Website
 Blog
 Whitepaper
 Facebook
 Twitter
 Linkedin
 Telegram chat

BTT Profile : https://bitcointalk.org/index.php?action=profile;u=376156

ETH : 0xF4919c366c3ad386f0A5Abe322d6cDe0238CeB28

Post Author: ubay

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