• Automotive
  • Booking
  • Communication
  • Software

PARKGENE 3.75/5 (1) - Parking and Booking Service

PARKGENE enables Drivers to Conveniently and Cost-Effectively Book Parking Spots Directly from Individual Parking Space Owners. Starting from enabling peer-to-peer Airbnb-like parking services, PARKGENE’s mission is to create an ecosystem which connects the entire automotive industry in a mesh marketplace network that uses GENE tokens as the means of transaction. Parking in large cities can be a burden on drivers and on the cities themselves. Drivers spend nine minutes on average driving around in circles looking for a parking spot, creating traffic, while one in three drivers fails in securing a convenient spot. Existing platforms operate as parking industry intermediaries that...

Token sale ended

3.8
Hype4.0
Security4.0
Team3.0
Vision4.0
  • Token: GENE
  • Price: 1 GENE = 0.1 USD
  • ICO start: 15 Jan 2018
  • ICO end: 19 Mar 2018
  • Country: Greece
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PARKGENE enables Drivers to Conveniently and Cost-Effectively Book Parking Spots Directly from Individual Parking Space Owners.

Starting from enabling peer-to-peer Airbnb-like parking services, PARKGENE’s mission is to create an ecosystem which connects the entire automotive industry in a mesh marketplace network that uses GENE tokens as the means of transaction.

Parking in large cities can be a burden on drivers and on the cities themselves. Drivers spend nine minutes on average driving around in circles looking for a parking spot, creating traffic, while one in three drivers fails in securing a convenient spot.

Existing platforms operate as parking industry intermediaries that charge a premium for their services. At the same time, a peer-to-peer parking economy is not fully implemented, because intermediaries remain as arbitrators. Additionally, tax regulations restrict direct payments using fiat currency between individuals.

Using blockchain technology PARKGENE overcomes these roadblocks and allows drivers and parking owners to engage in a smart contract.

PARKGENE’s decentralized technology supplies new untapped parking spots in crowded cities by enabling seamless integration of all competing parking technology solutions offered by the industry, thus creating a functional marketplace.

Building a peer-to-peer parking community through blockchain technology and the use of GENE tokens as a flexible means of payment create an easy, accessible, transparent, cost-effective way for drivers to find parking spaces and for parking space owners to make extra income.

Establishing GENE Tokens as a parking industry means of transaction will attract other relevant industries (car insurance, tolls, automotive services, etc.), to use PARKGENE’s distributed ledger technology and start accepting GENEs for payments.

Leveraging all the advantages of smart contracts, circumventing intermediaries and paperwork, PARKGENE is ready to revolutionize the parking industry.

PARKGENE is an operational fork of PARKGURU, a successful parking booking platform focused on municipality and professional parking spots. The PARKGURU platform is already successful and operational with more than 50,000 users serving Europe and the US. The team consists of more than 30 developers.

PARKGENE has cloned PARKGURU technology to create its own version of peer-to-peer parking booking but has also expanded it by the addition of smart sensors, remote controls and Artificial Intelligence algorithms to make PARKGENE a best-of breed application. Additionally, implementation of cryptocurrency payments and GENE Tokens is already in development and expected to be released within a month from the end of the Token Sale.

Team

Louis Hatzis

Chief Executive Officer

Yannis Ramfos

Chief Operating Officer

John Zarifis

Chief Technolgy Officer - Blockchain Expert

Nikolas Skarlatos

Chief Financial Officer

Tasos Flambouras

Chief of Digital Marketing

Advisors

George Giaglis

Professor at AUEB; Blockchain/Fintech Research

Brian Subirana

Director in MIT Auto-ID Laboratory - Cryptocurrencies/ blockchain researcher

Shahid Tanvir

Chief Specialist (Advisor to CEO – Smart City, ICT) - Road and Transport Authority of Dubai

Athanasios Kalekos

Managing Partner Odyssey Venture Partners

Manos Chatzopoulos

CEO Parkzen LLC - Astrophysicist Professor at LSU

Russ Meneve

Stand Up Comedian / Technology Enthusiast

Liz Davison

Parking Consultant - Complete Parking Management Consultancy Ltd

Mixalis Marinos

Actor / Economist / Technology Enthusiast

Vangelis Pastas

Quantitative Researcher at Jump Trading LLC

Krishna Karthik

CEO - Day1 Technologies

Milestones

  • Platform Development and Commercial rollout
    Park Booking Platform has been developed and successfully rolled out commercially in the form of a minimum viable product available as PARKGURU
  • December 2017
    Pre-ICO Closed Round 2% of the tokens will be distributed during the Pre-ICO Closed Round
  • January 2018
    Token Sale Up to 35% of the tokens will be distributed to fund the development of the PARKGENE project and commercial rollout
  • February 2018
    Launch of PARKGENE Beta version Although the Beta version is a fully functional product for iOS, Android and Web, we use this phase to collect user feedback to optimize the experience
  • May 2018
    PARKGENE Official release Official Launch and Global Advertising campaign. PARKGENE is available in more than 20 languages to address a global audience
  • 2018-2019
    Community Growth We estimate 5 million PARKGENE active users by the end of 2018 and 15 million active users by the end of 2019
  • PARKGENE Continued
    Global development Extending Technology, User Base, Partner ecosystem, ushering in the new era of parking services

Token

  • Platform: Ethereum
  • Price: 1 GENE = 0.1 USD
  • Accepting: ETH, BTC, BCH, DASH, LTC
  • Token distribution: 40% - PARKGENE Future Fund 35% - Token Sale 10% - Advisors & Team 10% - Founders 5% - Bounty
  • Hard cap: 1,000,000,000 GENE

Proof Points
4/5

Prehistory of project

PARKGENE project has an already working business

Product or its MVP

PARKGENE have already developed iOs and Android apps, ready to download and use

Blockchain experience

Louis Hatzis – Author in Daily Fintech

No other blockchain experience were found

Escrow

It is said on PARKGENE website that tokens are held in escrow but no proof of it were found.

By the way, project was approved and promoted by ICOBox

Comments

Update: 04.02.2018

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