Cryptocurrency Gene eyes global parking market - Article about Kathimerini

By hottest - March 15, 201808

The Greek answer to Bitcoin is Gene, created by the ParkGene company, and deals with the online market with relative success.

Singapore-based ParkGene is practically moved from Athens, where its founding team is located. Since the end of December, it was very busy starting its own initial currency offer (ICO), which has done well, as it already sold more than 42 million genes. The coins sold are valued at $ 4.2 million (3.44 million). The goal is to reach $ 35 million by 19 February. This capital will enable the company to promote Gene throughout the world, with the purpose of selling 1 billion units.

So, what can you buy with Genes? To begin with, "you will be able to rent parking spaces," said ParkGene, head of Ilias Hatzis, the man behind the Greek cryptocurrency. "It's like Airbnb for your car," he explains, stating that the company's goal is to penetrate the international parking market, worth $ 100 billion a year.

According to Hatzis, when a car leaves its parking space, for example, when the driver goes to work, the space is leased and can be used by someone who visits the area. There can be an exchange between the two drivers, with ParkGene a small commission in Genes.

https://parkgene.io/