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PARKGENE - Peer to Peer Parking on Blockchain

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

GENE
Start:15-12-2017
End:19-03-2018
Cap:35 000 000 USD
Goal:0.1 USD
ICO website1 Reviews

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.


Token Sale stages, initial token price, and bonuse

PRICE WITHOUT BONUSES: 1 GENE = 0.10 USD

 

ADVICE:

Participate on the Early Bird ICO (Day 1 to 7) to collect all available bonuses! Apply them all and get up to 35% BONUS!

With all bonuses applied on Early Bird ICO, get up to 13.5 GENE tokens per 1 USD.

 

HOW TO GET ALL BONUSES:

  • ★Day 1-7: Join our telegram group to get a promo code for an extra 10% Day 1 Whitelist-Only bonus
  • ★ Day 8 and later: Receive and Apply special Promo Code and receive a 5% additional bonus*
  • ★ Any Day: Refer to friends and receive a 5% Referral bonus

*can't be applied together with the Day 1-7 Whitelist-only bonus

 

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%

PAYMENTS CURRENCY

TOKEN DISTRIBUTION & FUNDS ALLOCATION

TOKEN DISTRIBUTION

  1. Token Sale 35%
  2. Bounty 5%
  3. Advisors & Team 10%
  4. Founders 10%
  5. PARKGENE Future Fund 40%


FUNDS ALLOCATION

  1. Product Development 15%
  2. Marketing 55%
  3. Business Development 10%
  4. Continous R&D 20%


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