PARKGENE Announces Launch of Initial Coin Offering (ICO) for Peer Peer-based Peugeot Parking Platform

Parking in big cities can be a burden on drivers and city traffic. According to a recent study, the drivers spent nine minutes driving average in circles looking for parking space, creating traffic, while one in three racers failed to secure a comfortable spot.

The existing parking platform operates as an intermediary who collects premiums for their services. At the same time, the peer-to-peer parking economy has not yet realized its full potential, because this intermediary acts as an arbitrator. Furthermore, tax laws restrict direct payments between individuals.

PARKGENE's decentralized parking technology creates new, unused parking spaces in crowded cities, allowing seamless integration of all parking options, creating a functional market that allows drivers to find the cheapest parking space with ease.

Building peer-to-peer parking communities through blockchain technology and using GENE tokens as a flexible means of payment, creating an easy, accessible, transparent, cost-effective way for drivers to find parking spaces and parking lot owners created. additional income

Establish a GEN token for parking transactions, will attract other related services (car insurance, tolls, automotive services, etc.), to use PARKGENE ledger technology and start receiving GENE for payments.

By utilizing all the advantages of smart contracting, avoiding middlemen and documents, PARKGENE is ready to revolutionize the parking industry.

PARKGENE is an operational fork of PARKGURU, a successful parking booking platform that focuses on city and commercial parking garages. The PARKGURU platform has been successful and operates with over 50,000 customers in Europe and the United States and receives Bitcoin, Ethereurm and other power crypts as a form of payment. The team consists of more than 30 developers.

PARKGENE uses PARKGURU core technology to create a version of its own peer-to-peer parking platform, but also uses intelligent sensors, remote control and Artificial Intelligence algorithms to make PARKGENE the best breed application. Implementation of GEN tokens and cryptococcal payments are platform platforms and will be released within one month after the end of Sale Token.

PARKGENE is currently in a Pre-ICO closed loop that lasts until the 15th to 20th of January, in which qualified investors can participate by requesting an invitation from the official website.

Initial Coin Offering / ICO Initial Coin Offering will run from January 15 and 2018 to 1918. The goal is to raise funds to grow the service on a global scale.