GENE token is live in two global ecosystems

GENE token is live in two global ecosystems
PARKGENE P2P PARKING & EXCELON FINTECH

 

It’s a proud day for us in PARKGENE and our affiliate EXCELON (https://excelon.io)to announce the launching of the Excelon Fintech service, offering users an e-wallet an IBAN and a Mastercard and the GENE Integration inside the Excelon Ecosystem.

Today all PARKGENE users and GENE Token Holders will be able to buy an Excelon Premium Subscription at 50% discount and they can pay with their GENE Tokens!

All Excelon users, by June 2019 the latest, will have the benefit of having a crypto wallet and a crypto exchange connected to their e-money wallet and Excelon Mastercads, thus having the ultimate fintech app on their phone.

This is our vision of eliminating the technological and commercial gap that Fiat and Crypto is facing today. A gap that delays all Blockchain driven app globally, including P2P parking app. EXCELON is an all-in-one solution for individuals and businesses looking for new ways to execute their financial transactions in Fiat and/ or Crypto.

PARKGENE’s, P2P parking application, is now able to offer an integrated solution where the user who is not crypto savvy can still use the service easily.

As per our announcement from 19th of November 2018, the agreement between affiliate Fintech venture Excelon, and PARKGENE will be valid and available to GENE Holders starting on March the 21st 2019.

The terms of the agreement are the following:

1. GENE ACCEPTED FOR TRADING:
EXCELON will accept GENE Tokens as a fully traded utility token into its wallet and exchange, making it easy for everyone who is interested in GENE Tokens to buy, hold and sell them directly from the EXCELON wallet and exchange. Furthermore, it will help all parking owners to exchange GENEs for Euro instantly, taking away a big obstacle from PARKGENE’s commercial rollout.

2. BUY A MASTERCARD WITH GENE:
EXCELON will offer EXCELON prepaid Premium Mastercards at a 50% discount to users who pay with GENE Tokens. The number of GENEs required to buy an EXCELON prepaid Premium Mastercard will be calculated in real time based on the current market price. This discount is given exclusively to GENE token holders and not to any other currency (Euro, BTC, ETH).

3. HODL GENE AND GET A MASTERCARD AT NO COST:
EXCELON will offer EXCELON prepaid Premium Mastercard with no monthly fees for any user who will own a GENE HODL CONTRACT offered by PARKGENE. The GENE HODL CONTRACT has one year of duration and can be acquired for 10x the number of GENE Tokens needed to buy the Mastercard after the 50% discount as explained above. After the one-year term, the GENE Tokens will be released, and the owner may renew his GENE HODL CONTRACT to enjoy the EXCELON prepaid Premium Mastercard with no monthly fees or use them at will.

4. 30% of GENE Token Fees will be BURNED by Excelon:
EXCELON will burn 30% of the GENE Tokens it receives as a means of payment for any user buying EXCELON prepaid premium Mastercards. The burn will happen at the end of each calendar quarter starting 30.6.2019.

The above offering will initially be available for 3.000 EXCELON prepaid Premium Mastercards which will be provided in a first come first serve basis. Additional offerings will be considered once this offering is concluded.

“We are excited that the GENE token becomes a means of payment in two ecosystems. Our team has delivered two working products within a year. Following an initial period to complete the offer, the roadmap then entails a marketing campaign in order to educate and promote both services and thus the demand for GENE tokens, including listing in new exchanges”, CEO Nikolas Skarlatos comments.

The GENE is the true Utility Token and it is currently trading on two exchanges Hotbit and BTC-Alpha. Get your GENEs today and acquire the Excelon service at and PARKGENE app at IOS and Google store.

Excelon is presenting today at the Digital Banking Forum (Athens – https://digitalbanking.ethosevents.eu). Tomorrow, Friday 22 March 2019, we will provide you with instructions about acquiring an Excelon Premium Subscription with GENE Tokens, through GENE Wallet. We all here appreciate your patience and trust and we remain focused on making PARKGENE and GENE a global success.

PARKGENE Integration with EXCELON Fintech

We are happy to announce that PARKGENE has come to an important agreement with its affiliate Fintech venture Excelon.

The terms of the agreement are the following:

  1. GENE ACCEPTED FOR TRADING:
    Excelon will accept GENE Tokens as a fully traded utility token into its wallet and exchange, making it easy for everyone who is interested in GENE Tokens to buy, hold and sell them directly from the Excelon wallet and exchange. Furthermore it will help all parking owners to exchange GENEs for Euro instantly, taking away a big obstacle from PARKGENE’s commercial rollout.
  2. BUY A MASTERCARD WITH GENE:
    Excelon will offer Excelon prepaid premium mastercards at a 50% discount to users who pay with GENE Tokens. The number of GENEs required to buy an Excelon prepaid premium mastercard will be calculated in real time based on the current market price. This discount is given exclusively to GENE token holders and not to any other currency (Euro, BTC, ETH). PARKGENE will release the “BUY A MASTERCARD WITH GENE” functionality in the next 2 weeks so any user can go into GENE Wallet and use it.
  3. HODL GENE AND GET A MASTERCARD AT NO COST:
    Excelon will offer Excelon prepaid premium mastercards with no monthly fees for any user who will own a GENE HODL CONTRACT offered by PARKGENE. The GENE HODL CONTRACT has one year of duration and can be acquired for 10x the number of GENE Tokens needed to buy the Mastercard after the 50% discount as explained above. After the one year term, the GENE Tokens will be released and the owner may renew his GENE HODL CONTRACT to enjoy the Excelon prepaid premium mastercard with no monthly fees, or use them. PARKGENE will release the GENE HODL CONTRACT functionality in the next 2 weeks so any user can go into GENE Wallet and acquire it.
  4. 30% of GENE Token Fees will be BURNED by Excelon:
    Excelon will burn 30% of the GENE Tokens it receives as a means of payment for any user buying Excelon prepaid premium mastercards. The burn will happen at the end of each calenda quarter starting 31.3.2019
  5. PARKGENE card and POS plans are ON and to be provided by Excelon
    Given the level of investement, licences and structuring needed, Excelon will provide PARKGENE card and POS on a white label basis in a 50% / 50% revenue share with PARKGENE. This is important for PARKGENE as it takes out all the burden of developing this infrastructure and commiting resources that are out of its P2P Parking initiative. The availabilty of the PARKGENE card and POS will announced in due course based on the proven community demand.

The above offering will initially be available for 3.000 Excelon prepaid premium mastercards which will be provided in a first come first serve basis. Additional offerings will be considered once this offering is concluded.

We are sure that this agreement adds a tremendous value to GENE and GENE holders as well to the PARKGENE project as we remain focused in building the Peer to Peer Global Parking ecosystem.

Excelon

PARKGURU spins out Excelon, a crypto friendly Fintech business

We are happy to announce the latest development in our Group of companies.

Excelon is a Fintech venture to offer advanced digital money services, including FIAT payment accounts with IBAN, Prepaid Mastercard, Crypto Wallet and Exchange.

PARKGURU a leader in parking technologies and services, announces that following PARKGENE’s successful ICO, followed by the release of GENE Wallet and PARKGENE “Airbnb like” parking service, has taken a major step in spinning out a crypto friendly Fintech business to cover the technological and commercial gap that FIAT and Crypto is facing today.

“Excelon” is an all-in-one solution for individuals and businesses that are looking for new ways to execute their financial transactions in FIAT and/ or Crypto.

By downloading the Excelon App, and going through a simple registration procedure, that takes less than 3 minutes, individuals can get their current account with IBAN to send and receive payments globally, order up to four prepaid Mastercards, receive-store-send crypto through the crypto wallet and buy or sell crypto for Euros through the embedded crypto exchange.

Excelon brings a real revolution in digital money by simplifying the customer experience by offering a complete mobile banking solution that the market has been asking for.

The service is provided by Excelon Financial Services Ltd, a PARKGURU subsidiary, which is authorized and regulated for its E-Money and Crypto Exchange and Wallet operations.

“Excelon raises the bar, in the Fintech industry, by setting new standards to the era of digital money”, said Nikos Skarlatos CEO of Excelon exchange services. “Our commitment in introducing revolutionary and innovative products to the market is firm and we thank all our community for supporting us”.

The product launch is planned in the next weeks and Excelon is already accepting signups on its website https://excelon.io

A few weeks after the official launch of the E-money and Mastercard offering, the crypto wallet and exchange will follow as the integration of GENE Wallet and its more than 64 thousand users will take some time to complete. Initially Bitcoin, Ethereum and GENE token will be available for trading but soon additional coins will be added.

 

As part of our GENE Token integration with Excelon, we are happy to announce that we will accept GENE Tokens as means of payment for the Excelon Accounts and Mastercards while we will offer additional benefits to GENE Tokens holders which will be announced soon.

The company plans to offer professional accounts by the beginning of Q2.

For more info please visit https://excelon.io where you can register for Free and also claim one of the first 1,000 Excelon Premium Mastercards which we give away for Free!!!