PARKGENE Roadshow Update – February 9, 2018

PARKGENE CEO, Ilias Hatzis and CFO Nikolas Skarlatos have been participating in several events around the world bringing the PARKGENE ICO to the Crypto community.

They visited Crypto Economy ICO 2018 in London, Crypto Economy ICO 2018 in Amsterdam, d10e in the Cayman Islands, 2nd Blockchain Middle East Forum in Dubai, and will be visiting several more until the end of the ICO and beyond.

The purpose of these trips has been to meet with interested parties and introduce PARKGENE to the ICO and Crypto communities. The PARKGENE executives met with Fund Managers, with partners we work with, with opinion leaders in the crypto space, with media, and with PARKGENE backers. They participated in presentations, workshops, panel discussions on legal, marketing, valuation etc.

They also participated in Post ICO panel discussions, met with several exchanges and participated in several networking events.

So far, the PARKGENE roadshow has been very productive and useful. We will let you know more about the PARKGENE roadshow as it continues.

February 9, 2018 PARKGENE No comments yet

How PARKGENE Works

PARKGENE is a game-changer in shared Mobility services, with a vision to establish the GENE token as the automotive industry standard means of payment.

Drivers looking for a parking spot meet virtually with parking owners through the PARKGENE app. The following diagram shows the different stages of a parking session completed on the PARKGENE platform and over the Ethereum Blockchain with smart contracts.
Once a driver reserves a parking spot, the reservation triggers the PARKGENE smart contract on the Ethereum Public Blockchain.

PARKGENE GENE token flow

The PARKGENE App transfers the full parking fee amount in GENEs from the driver wallet, to a depository (a temporary wallet). Should there not be enough GENEs balance in the driver’s wallet, the driver can use his credit card or other means of payment (Bitcoins, Ethers) to buy GENEs real-time and pay for the transaction.

The successful reservation and payment provide additional App functionality to drivers and parking owners which is needed for the completion of the actual parking session. For example, the driver will have the ability to open the garage door from his mobile phone, while the parking owner is notified and monitors – in live video – the entrance and exit of the vehicle. This functionality is optional – although very helpful – and is achieved through integration of PARKGENE platform with existing remote access tools that are available in the market, or a specific device that PARKGENE will offer to the Parking Space owners at very low cost.

At the end of a successful transaction the parties conclude a smart contract on Ethereum, with the entry and its confirmation on the blockchain.

The parking space owners receive, from the depository to their wallet, 70-80% of smart contract in GENE tokens, when drivers check out of the parking space. The remaining: • 5% of the total amount is paid to the driver and parking space owner as they perform several actions that enhance the ecosystem (e.g. Ratings, Reviews). • 10-20% of the total amount is paid to PARKGENE to cover operational, development, cloud services and advertising costs.

At any time, the users of the platform can buy or sell GENE tokens for FIAT currency (USD, EUR, JPY, CNY, etc.) or other cryptocurrency (BTC, ETH, etc) by using several cryptocurrency exchange services that may trade the GENE token (if and once GENEs may be available at such exchanges).

Click HERE to participate in the PARKGENE ICO

February 9, 2018 PARKGENE No comments yet

PARKGENE Pre-ICO Successfully Concluded

We are excited to announce that the PARKGENE PRE-ICO was sold-out earlier than initially projected and the ICO is launching on Monday January 15, as planned.

When we launched our Pre-ICO on December 15th, just before the holidays, we hoped it would be a success. We couldn’t have predicted what has happened: 20,000,000 GENE tokens sold-out, backed by high-net worth individuals, family offices, and investment funds.

We had unfulfilled orders of over $25K each for 5.5Million tokens which were left out of the Pre-ICO round due to the first-come-first serve nature of the process. Additionally, we have had over 2000 applicants committing smaller amounts which we hope to serve during the open ICO.

“We would like to thank everyone who participated. We are grateful for the trust you have shown PARKGENE, and we promise that we will deliver on making parking 2x faster and 10x cheaper”, said Ilias Hatzis, CEO of PARKGENE.

The PARKGENE ICO is officially launching on Monday, January 15, 2018 at 10am GMT and we are gearing up to meet the growing demand for participation in the Early Bird – Day #1 which offers up to 35% bonus.

We urge interested participants to lock-in this bonus by joining our Telegram chat at https://t.me/parkgene to get the promo code and then our token sale platform at https://tokensale.parkgene.io where step-by-step instructions are available.

In the meantime, we are in the process of finalizing our partnerships with exchanges, while, at the same time, working to ensure that our application will launch when the ICO is completed, so you can use your GENE tokens to pay for parking from day one.

PARKGENE is a cryptocurrency-based peer-to-peer parking application using blockchain and smart contracts to connect drivers with parking spot owners.

Find out more about PARKGENE, by visiting the following links:

PARKGENE Website : https ://parkgene.io/
White Paper : https://parkgene.io/#download-whitepaper-docs
Token Sale : https://tokensale.parkgene.io/
Telegram Channel: https://t.me/parkgene

January 13, 2018 PARKGENE No comments yet

PARKGENE and NetRoadshow Lead the Way

PARKGENE and NetRoadshow Lead the Way in Informing the Investment Banking Community about PARKGENE’s Upcoming Initial Coin Offering (ICO)

Singapore, Greece, UK – January 5, 2018 – PARKGENE PTE Ltd. (PARKGENE, https://parkgene.io) a technology provider in Peer to Peer Parking services, today announced its partnership with NetRoadshow Inc. (NetRoadshow, https://netroadshow.com), the worldwide leader in providing electronic roadshows for the global investment banking community.  PARKGENE will use the NetRoadshow platform to engage with the investment banking community about its innovative decentralized parking solution and its upcoming Initial Coin Offering. PARKGENE is the first ICO to use NetRoadShow’s communication platform.

PARKGENE is developing a scalable – blockchain driven – automotive technology platform to allow drivers to book parking spots directly from individual parking spot owners. PARKGENE’s Peer-to-Peer parking solution is the first ever park-sharing solution that uses Blockchain and cryptocurrency token payments and is aiming to revolutionize the $100B Global Parking Industry. The establishment of a peer-to-peer parking community through blockchain technology and the use of GENE tokens as a flexible means of payment, creates an easy, accessible, transparent, cost-effective way for drivers to find a parking spaces and for parking space owners to make extra income.

PARKGENE is launching an Initial Coin Offering on January 15th, 2018 which will run until February 19th, 2018. Backers will have the opportunity to purchase GENE tokens, using Bitcoin, Ethereum, other cryptocurrencies and USD. Investors interested in getting access to the NetRoadShow PARKGENE portal can apply through the form available at https://parkgene.io/netroadshow

“We are excited to be the first ICO to partner with NetRoadshow to reach out to institutional investors and inform them about our project and our upcoming Initial Coin Offering (ICO). While ICOs have certainly changed the investment landscape, we feel that institutional investors should be included in the ecosystem and we are very excited about working with NetRoadshow to better communicate our opportunity to them.” said Ilias Hatzis, CEO of PARKGENE.

With the ICO industry entering its fourth year we are starting to see a shift from traditional venture capital. According to Coindesk research, total investment in ICOs in 2017 has surpassed $3.8 billion. The venture capital model has worked brilliantly for a long time, but has been ripe for disruption and ICOs are the first step in that direction.

“NetRoadShow is the global leader in providing US Securities & Exchange compliant electronic roadshow services for issuers in the global financial markets, including the majority of Fortune 2000 companies’ transactions. Our collaboration with PARKGENE marks our commitment to serving the ever-evolving needs of issuers and investors by entering the crypto currency industry and Initial Coin Offerings.” Said Brad Hammond, CEO of NetRoadshow, Inc.

About PARKGENE

PARKGENE PTE LTD is scalable blockchain-based platform that enables drivers to book parking directly from individual parking space owners at lower prices, with convenience. PARKGENE’s decentralized technology will supply new parking spots in already crowded cities, which now remain unutilized, by enabling not only peer-to-peer but also the seamless integration of all existing parking technology. PARKGENE is issuing the GENE token, that will be used as a means of payment for parking. Drivers use the GENE token to pay parking spot owners.

About NetRoadShow

NetRoadshow, Inc. provides the U.S. Securities & Exchange Commission (SEC) compliant online communication tools for the global investment banking community. It’s services include electronic roadshows, an Internet roadshow product that provides investment banks and their institutional investors the opportunity to access management presentations in a SEC-compliant electronic format. NetRoadShow’s offerings are specifically developed to meet the ongoing compliance standards for both public and private transactions including equity (IPO and secondary), convertible offerings, high yield and investment grade debt, emerging market debt, asset backed securities, municipal bonds, private placements, non-deal roadshows, and  research related to public and private transactions.

Contacts
PARKGENE
Tasos Flambouras
[email protected]

January 9, 2018 PARKGENE No comments yet
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