As anybody who drives in giant cities is aware of nicely, discovering parking is oftentimes not only a nightmare however, normally, prohibitively costly as nicely. PARKGENE, the primary parking reserving service on the blockchain, plans to place an finish to driver parking woes, with their ground-breaking peer-to-peer parking platform.
PARKGENE’s purpose is to develop into the Airbnb of the parking trade, and if the primary two weeks of their public ICO is a sign, they’re nicely on their method to making it occur. The firm has already handed its pre-ICO goal of promoting 20 million GENE tokens throughout their closed spherical final December. After the second week of the general public sale, they’ve reached 60 million tokens offered, and PARKGENE is assured they’ll attain their aim of 350 million tokens offered by the point the ICO ends.
PARKGENE – The Solution for Commuters’ Parking Woes
PARKGENE has adopted an Airbnb-like enterprise mannequin in order that parking homeowners and drivers can immediately work together with one another. Drivers are on the lookout for handy and cost-effective parking, and herein lies the issue: The parking enterprise is a $100 billion trade globally, however it’s riddled with intermediaries taking giant commissions to match drivers with parking homeowners. This signifies that drivers pay extra and parking area homeowners make much less.
Airbnb initially got down to remedy related points for journey lodging and has definitely confirmed a viable mannequin within the crowdsharing ecosystem. They have introduced not too long ago that the corporate will present $100 million in money stream profitability for 2017, and is anticipated to launch its IPO later this 12 months. Airbnb’s success has come at a gradual burn as customers have pushed the house sharing app from obscurity to worldwide success over its 10-year historical past. There’s little question that the sharing economic system is booming, and PARKGENE’s timing to introduce blockchain know-how to the ecosystem, couldn’t’ be higher.
The PARKGENE platform, powered by its GENE token, goals to be a severe game-changer by connecting drivers and parking homeowners immediately by its smart-contract system. The platform permits drivers to simply find and guide parking spots in probably the most handy location and on the best worth. All transactions use GENE tokens, and the PARKGENE imaginative and prescient is to determine it because the default forex for the automotive trade. That could also be a daring imaginative and prescient, however the firm is already planning for the longer term:
“At the second, parking stays an inefficient trade however not for lengthy,” says Parkgene CEO Louis Hatzis. “The parking trade will endure main adjustments within the subsequent 5-10 years as autonomous vehicles might want to park themselves and pay for parking. Moreover, huge carmakers, specifically VW and BMW, are beginning to place themselves within the trade by acquisitions of regional gamers, and we’re seeing stories of accelerated use of cell phone parking bookings within the US,” he provides. Hatzis believes that these are sturdy indicators to buy GENE tokens as we speak.
Going Forward – After the ICO and Beyond
Once the ICO is accomplished, PARKGENE will run an aggressive advertising marketing campaign with the aim of creating PARKGENE a family identify. PARKGENE has already loved successes with their present app that has built-in 18,000 parking spots and 50,000 customers within the first six months of its launch. Being the primary parking reserving service on the blockchain provides the corporate the traction to develop into the foremost parking reserving platform on the planet.
Funds collected by their ICO will drive the subsequent section of platform improvement, which PARKGENE plans to develop into giant cities in Greece, Britain, Russia and finally the US, Asia and South America. Their first focus is on Athens, the place they have already got a presence, after which they’ll shortly scale to determine PARKGENE in giant cities like London, Manchester, Paris, Rome, and Milan, and develop additional to St. Petersburg, Moscow, Chicago, Los Angeles and New York.
PARKGENE is working with ICOBox, the world’s largest supplier of SaaS options for ICOs. The firm can also be the primary ICO to have ever partnered with NetRoadshow, the trusted identify in offering U.S. Securities & Exchange Commission (SEC) compliant on-line options for the worldwide funding banking neighborhood, to herald institutional backers.
PARKGENE additionally not too long ago appointed a brand new advisor, Gal Ron, a startup veteran with over 30 years of expertise in forming, working, and rising corporations worldwide in industries spanning from monetary markets to digital actuality. He’s at the moment director and CEO of ConversionPros, in addition to the founding father of TokenTarget. Gal is passionate in regards to the advertising and gross sales aspect of blockchain based mostly initiatives, with a particular curiosity in ICO and Post-ICO advertising and these are the areas he’s collaborating actively with PARKGENE.
GENE tokens can be found on the market with no minimal or most buy necessities and are supplied at USD $0.10. The ICO is presently in its third week, providing quantity reductions and bonuses. For extra details about PARKGENE, please go to https://parkgene.io.
What do you consider PARKGENE’s platform? Will shared parking catch on the best way Airbnb’s lodging sharing has? Let us know within the feedback beneath.
Images courtesy of PARKGENE
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