PARKGENE is the world's first parking service on blockchain, revolutionizing space management and city traffic. Imagine always sure you will find a parking spot. Now, this is possible - by utilizing blockchain and tokenizing of temporary parking spaces. PARKGENE aims to be Airbnb for temporary parking.
Why not use your smartphone to locate and secure a parking lot before? Choose the cheapest and most convenient parking spot at your destination, and do not guess. The $ 100 billion parking industry is the goal of PARKGENE, creating a market for parking lot owners and buyers.
CFO PARKGENE, Nikolas Skarlatos, said:
"We believe that there is huge untapped potential in the parking industry, and most parking services today involve purchasing long-term parking spaces, so drivers only require short-term parking with limited alternatives.With the use of blockchain technology and smart contracts, our application allows parking owners to rent their parking spaces on a short-term basis, effectively filling this niche and giving the driver a better parking experience. "
Booked a parking space relying on a proprietary intelligent contract that links the crypto wallet to the Ethereal network, secures the parking lot and pays for it.
The owner of the parking will receive at least 80% of the smart contract results in the GENE tokens from the storage area when the driver exits the parking lot. 15% of the contract covers PARKGENE fees, and 5% is paid to parking owners and drivers if they support the ecosystem through reviews and ratings. Platform users will also be able to convert GENE tokens into other fiat or cryptocurrencies currencies at any time.
In line with the product development roadmap we are happy to announce the launch of GENE Wallet and the addition of GENE Card as an extension of the PARKGENE ecosystem. It offers great growth potential for GENE tokens as a means of payment for various types of transactions and merchants.
You can find out about GENE's wallet here: https://parkgene.io/wallet
The launch of GENE's Wallet and GENE Card, comes as a result of continuous research and development in making PARKGENE a standard for the next generation Parking Market and enabling Token GENE to be the primary means of payment for all payments of the automotive industry.
We first enable users to store their GENE tokens - store other cryptourrurrency as well as FIAT currency and use the wallet to pay for services across PARKGENE and the automotive industry ecosystem, and issue crypto for traditional payments of any kind.
'' We are excited to launch the GENE Wallet, a powerful, convenient, and differentiated multi-cryptography wallet, for iOS and Android, can store Ether, BTC, GENE and other ERC-20 Tokens and handle credit and debit cards for FIAT transactions' 'said John Zarifis, CTO of PARKGENE, "In addition to the launch of GENE Mobile Wallet, we added the Money / Debit Card Function with the addition of the GENE Card, planned in Q3 2018, in our roadmap Users will be able to connect their GENE wallet to a physical card they can buy products and services using FIAT currency GENE Cards will provide a powerful, easy, and flexible way to exchange crypto with FIAT by utilizing real-time dynamic algorithms to maximize the value of the Crypto user currency portfolio. "
GENE Wallet
The initial release of GENE Wallet brings a standard set of features with everything you expect from a powerful mobile wallet app.
The GENE wallet will allow users to store, purchase and exchange GENE tokens from day 1, while Bitcoin and ETH are easily integrated and their functionality will be available before March 15th.
The GENE Wallet will also establish a new high-volume acquisition channel for PARKGENE P2P Parking service and present cross selling opportunities for related automotive industry products and services through the GENE Wallet API, which further increases the demand for GENI tokens across sectors.
Transaction between GENE Wallet for crypto that does not carry zero commission. In addition, GENE tokens will be a means of payment for transaction costs outside the ecosystem with 33% of these tokens burned.
GENE Mobile Wallet v 1.0 Features
ERC-20 Wallet to store GENE tokens and other ERC-20 tokens, integrated in the future
Wallet to store Bitcoin and Ethereal
Advanced security with cold storage for all cryptocurrency and Token GENE
Buy GEN tokens using credit / debit cards during ICO with Bonus 50%
Supports GENE tokens purchases, deposits and withdrawals (after ICO)
Airdrop from 50 free GENE tokens for each new user registration
Reference bonus (in Token GENE) for community sharing actions
What will happen in future releases
BTC and Ethereum will be supported in the next version
Buy by credit / debit card
Supports deposits and withdrawals
Cold storage
More crypto supported - including the ERC-20 token
GENE Debit Card
API / SDK to give developers the ability to log into the GENE wallet ecosystem as a cryptococcal payment option. In this way GENE wallet users can take advantage of innovative peer-to-peer and professional services in one of the fastest growing industry sectors and services, the Automotive industry.
Supported crypto exchange service.
"We are excited that we can offer PARKGENE customers a world of automotive service in an easy-to-use application.We estimate the huge growth in smart auto products and services and launch PARKGENE wallets to better utilize this ecosystem and take advantage of growth opportunities." - Louis Hatzis, CEO of PARKGENEAvailability
The GENE wallet app is a mobile app available on the Google Play Store for Android devices. The iOS version is awaiting release at the Apple Store. E-Money Debit Card function is planned in Q3, 2018. GENE API / SDK is available Q2, 2018.
About PARKGENE
PARKGENE Launches GENE Wallet and Announce GENE Debit Card was originally published at PARKGENE at Medium, where people continue conversations by highlighting and responding to this story.
TGENE token
Token GEN is designed to pay for parking. The driver will transfer the GENE token to pay the owner of the parking lot. Token holders will be able to use GENE Token to pay for PARKGENE services and products (PARKGURU), PARKGURU (Professional Garage and Municipal Parking) as well as other services that will be integrated with PARKGENE or GENE Token platforms. Token GEN does not have an expiration date, and it depends on the buyer to use it for park booking accommodation on the PARKGENE site or application, or to sell it if he or she wants others.
PARKGENE has selected ICOBox for its ICO management, to oversee the resources needed to carry out marketing campaigns around the world.
The token sale will take place from 15 January to 19 February, and will be based on first-come, first-serve. ICO backers will be offered 350 million tokens, as well as incentive programs including token bonus issues at reduced rates for early bird purchases. ICO PARKGENE will also offer bonuses for bulk purchases of GENE tokens.
Team
The project team has an impressive number of specialists, and information on management is provided in detail. The project description shows that employees have sufficient experience in application development, business management and product launch.
Project sites and white paper provide the following information about team members
One positive aspect of this project is the fact that counselors who consult with teams are also represented on this site. Some expert advisors are in blockchain, IT, cryptocurrency and parking.
In general, it can be concluded that the project team has a high level of competence and professional experience in their various fields, demonstrating the successful application of the idea.
for more information on parkgene, please visit the site below:
Website
Whitepaper
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