What is PARKGENE?

PARKGENE is a decentralized ecosystem where parking owners and drivers meet to conclude short-term or long-term parking rental contracts. PARKGENE, based on Ethereal Blockchain combined with smart contracts, will eliminate reliance on centralized systems among transaction participants, and will significantly reduce parking fees for drivers, while offering alternative revenue sources to parking owners. PARKGENE provides an innovative approach, openness, convenience and ease of use to enable the parking industry and its stakeholders to improve the quality of city life to a new level.

The ecosystem will appeal to individual, professional or city parking owners, who are involved in offering parking spaces, and also to drivers. PARKGENE will create the most convenient and easy conditions for all platform users to achieve their goals. Furthermore, due to the natural decentralization, PARKGENE will offer all the tools to adjust and streamline all operations according to specific needs and requirements.

We believe that from time to time PARKGENE will offer valuable solutions not only in Western Europe and North America but also in other markets around the world facing congestion and parking problems, providing an alternative that can help improve the entire parking industry.

The introduction of PARKGENE will create an operational fork. PARKGURU will remain focused on providing off-street and off-street parking, which is sourced by municipalities and professional parking operators (garages), while PARKGENE will be a new product focusing on efficient, decentralized peer-to-peer parking for driveways and individually owned garage house.

Vision

PARKGENE is an easy and safe way to find parking lots, connect drivers, individuals and businesses.

Our vision is to disrupt traditional channels - especially off-line - Parking industry, sized $ 100 billion per year, and to provide drivers with a better parking experience, while helping the city become more intelligent and environmentally friendly.

We aim to make parking in town twice as easy and ten times cheaper. We will set GENE tokens as a payment method for the automotive industry, which allows drivers to pay for parking and integrate it with mobility services, vehicles and automotive infrastructure.

PARKGENE This is P2P Garden Ordering Provider To make it simple, PARKGENE is similar to "Airbnb for parking". We will connect people who have parking spaces with drivers who want to park, provide additional parking space to the market, and reduce the cost of high parking fees, while providing a source of income to all parking lot owners who rent out their driveways and garages.

PARKGENE, built on the Ethereal blockade, will be the first system that allows drivers and parking lot owners to transact with each other directly.

Our goal is to create a more transparent and liquid way to park. PARKGENE discusses short-term and long-term parking rental markets by lowering costs, using decentralized conflict resolution and making this market a true P2P, eliminating various intermediaries, and ensuring that reviews and lists are honest, because they are stored in blockchain that can not changed.

PARKGENE This is an Automotive Service Ecosystem but PARKGENE is more than just a P2P application for parking. It is an ecosystem and internal payment system that aims to connect, the entire automotive industry in the net market network.

PARKGENE aims to develop a global automotive platform based on blockchain technology.

PARKGENE will provide all the tools necessary for existing market service providers, enabling them to connect, transact and build a growing global community that complies with the local supply and demand of parking spaces using GENE. Initially, establishing GENE Tokens (GENE) as a means of payment for the parking industry has the potential to attract many other related industries (auto insurance, tolls, automotive services, etc.), who can use our distributed ledger technology and start receiving GENE as payment for services.

Strategy

Our team is already serving more than 50,000 drivers in a professional Parking business. With the introduction of PARKGENE P2P parking offerings, we aim to expand aggressively in Europe, North America and Asia.

Our strategic expansion plan is based on three main pillars:

• Organic development.

• Acquisitions.

• Strategic Partnership.

Organic development

With the Beta version coming out in February 2018, we aim to build a foothold right through an aggressive marketing campaign and we'll target certain cities.

We have identified several cities where parking problems are severe, and we feel we can give value to drivers:

• Athens, Greece is our clear target, because we already have 50,000 users in the PARKGURU app and our intention is to provide it directly with cheaper alternative parking.

• England, and more specifically London and Manchester will be next. Airbnb has paved the way for P2P services and we are very confident that PARKGENE will be adopted by UK parking owners and drivers.

• The Russian rating is very high on our list. We will focus our efforts on Moscow and St. Petersburg. With Russian people playing an integral part in the crypto-curent industry, we believe that our products will be easy to understand and adopt.

• Other European cities will follow: Paris and Marseille (France), Rome and Milan (Italy), Barcelona (Spain), Warsaw (Poland), Bucharest (Romania) are cities that face high levels of congestion and are part of our expansion plans.

•        North America. The importance of the North American market is enormous, given the size and extent of expenditure in parking services. Our business plan relies initially on offering our services in cities like Chicago, Los Angeles and New York.

• Furthermore, we aim to build our presence in other parts of the world and more specifically we will target: Bangkok (Thailand), Istanbul (Turkey), Shanghai, Beijing and Guangzhou (China) and Mexico City (Mexico).

• Last but not least, Japan. Crypto currency fever is very strong in this area of ​​the world and given the congestion levels in Tokyo and Osaka, we anticipate a robust adoption of applications here.

Token Sale

During Token Sales, PARKGENE PTE Ltd will issue a crypto sign called GENEToken (GENE) on the Ethereal block, operated on a smart contract that will be available to buyers worldwide, excluding Restricted People.

• GENE (GENE) - Signs of ERC20 with limited release

• Blockchain: Ethereal

• GENE (Basic Prices of Token Sales) = $ 0.10

• Total GENE: 1,000,000,000

• Token Sale Hard Cap 350 million GENE

• Accepted form of payment: BTC, ETH, BCH, LTC, DASH and USD

Why Token Sale?

There are many reasons why we decided to hold Token Sale, not an alternative way to sell products and receive money.

Firstly, the offer of Token Sale allows the onboard participants to be different areas of potential platform users, either as the owner of the parking or the driver. Second, tokens can provide liquidity, as it can be traded crypto exchange after Token Sale (if and so GENE signs may be available on the exchange).

Finally, token smart contracts allow for direct distribution of parking fees for parking owners and weekly revenue-sharing payments and the incentives will be difficult to process without the use of blockchain technology.

Use of Tokens, Gifts and Rights

The token holder who purchases the GENE tokens will immediately accept the completion of ICO and will be able to use tokens to purchase parking spaces on the PARKGURU and PARKGENE platforms as soon as they are available, according to our roadmap.

The price for parking on the platform will be displayed in Fiat local currency users (USD, EUR etc.), along with an equivalent amount of GENE tokens based on exchange rates.

Allocation of Token

Token will be allocated among Token Sale participants as well as users of Team, Advisor, Founder and Bounty as follows:

• Early Bird & Regular Sale participants will allocate 35% of all tokens reported.

• The Team & Adviser will allocate 10% of the issued tokens.

• Private sales buyers will be allocated 10% of issued tokens.

• Bounty program will be allocated 5% of issued token.

• PARKGENE will save 40% of the tokens issued for PARKGENE Future Fund.

Evidence that teams, advisors and buyers who will receive personal sales, are subject to a locking period of 6 months. Everyone involved with PARKGENE has an interest in seeing the company become successful, so and before the token is sold in the market, they will notify management so we can handle it in a smooth and non-pressure way on other token holders.

Website : https://parkgene.io