PARKGENE (GENE)

IHPM™ score: 8.0928
ICO start: January 15, 2018
Product Type: Platform
Industry: Transport
Token supply: 350000000
Hard Cap: 35000000 USD (fiat)

Description

Global P2P blockchain parking ecosystem

Features

PARKGENE is a global P2P blockchain parking ecosystem. The team already own a PARKGURU system that provides parking sourced by municipalities and professional parking operators. PARKGENE will be an operational fork for peer-to-peer services. 

PARKGENE is a decentralized ecosystem designed to facilitate contracting between parking owners and drivers. The rental contracts can be either short-term or long-term. Drivers looking for a parking space will be able to contact the parking owners through the PARKGENE app. The system is based on Ethereum blockchain with smart contracts. Once a driver reserves a parking place, a PARKGENE smart contract on the Ethereum Public Blockchain will be initiated.

The PARKGENE team have developed a utility ERC-20 GENE token that PARKGENE network participants will use for payments. The parking fee (in GENEs) will be transferred from the driver wallet to a temporary depository. The parking space owners will get 70-80% of the smart contract in GENEs when drivers check out.

PARKGENE developers will be offering additional features for their users, for example, a live video option for owners to ensure their garage security.  PARKGENE platform also envisages incentives and bonuses for various actions, such as submitting reviews. 

The official launch of PARKGENE product is scheduled for May 2018.

Token Details

Ticker: GENE
Type: Utility-token
Token Standard: ERC-20
Additional Token Emission: No
Token Price: 0.100000 USD
Accepted Currencies: USD, BTC, BCH, ETH, DASH
Bonus Program:

Week 1: $50 – $1,500 +15,00% / $1,501 – $5,000 +20,00% / $5,001 – $20,000 +22,50% / > $20,001 +25,00%

Week 2: $50 – $1,500 +10,00% / $1,501 – $5,000 +15,00% / $5,001 – $20,000 +17,50% / > $20,001 +20,00%

Week 3: $50 – $1,500 +5,00% / $1,501 – $5,000 +10,00% / $5,001 – $20,000 +12,50% / > $20,001 +15,00%

Week 4: $50 – $1,500 +0,00% / $1,501 – $5,000 +5,00% / $5,001 – $20,000 +7,50% / > $20,001 +10,00%

Week 5: $50 – $1,500 +0,00% / $1,501 – $5,000 +0,00% / $5,001 – $20,000 +2,50% / > $20,001 +5,00%

Token Distribution:

40% – Parkgene future fund

35% – ICO

10% – Initial investors

10% – Advisors and team

5% – Bounty

Funds Allocation:

40% – Marketing    

20% – Product Development    

20% – Business Development    

15% – Continuous R&D 

5% – Legal and administrative

ICO Platform: No
Office adress: 16 Raffles Quay #33-02 Hong Leong Building 048581 SINGAPORE
Registration Country: Singapore
Bounty:
Bounty: 5%
Translation: 10%
Social Media: 24%
Bitcointalk Signature Campaign: 20%
Other: 42
Name Position ICO Social
Yannis Ramfos Chief Operating Officer Member of 0 ICOs
Nikolas Skarlatos Chief Financial Officer Member of 0 ICOs
Tasos Flambouras Chief of Digital Marketing Member of 0 ICOs
Louis Hatzis Chief Executive Officer Member of 0 ICOs
John Zarifis Chief Technolgy Officer - Blockchain Expert Member of 0 ICOs