Introcution.

Imagine a world where your car takes you to your destination and drive
go to go and own parking. Imagine a world where your car uses its own digital
The wallet pays for the parking, is really his own.

The future is bright and we just started at PARKGENE.

PARKGENE is a decentralized ecosystem where parking owners and drivers meet
to conclude short-term or long-term parking lease contracts. PARKGENE based
on Ethereal Blockchain combined with smart contracts, will eliminate
reliance on centralized systems among participants of the transaction, and
will significantly reduce parking fees for drivers, while offering
an alternative source of income for parking owners. PARKGENE provides innovation
approach, openness, convenience and ease of use to enable parking
industry and stakeholders to improve the quality of urban life as a whole
level.

The ecosystem will appeal to individual, professional or city parking
owner, involved in offering parking, as well as driver.
PARKGENE will create the most convenient and easy conditions for all
users of the platform to achieve their goals. Furthermore, due to decentralization
nature, PARKGENE will offer all the tools to customize and streamline all
operation according to specific needs and requirements.

We believe that from time to time PARKGENE will offer a valuable solution not only at
Western European and North American markets, but also in other markets around
a world facing congestion and parking problems, giving decent
an alternative that can help improve the entire parking industry.

PARKGENE PTE Ltd was established in Singapore and is a subsidiary of PT
PARKGURU LTD (UK), a company that owns and operates advanced omnichannel
parking booking service (https://parkguru.com). Today, PARKGURU's
The application provides ordering services and detailed information about millions
Parking spaces are located in Europe and North America.

The introduction of PARKGENE will create an operational fork. PARKGURU will
remain focused on providing on-street and off-street parking, sourced from
city ​​and professional parking operator (garage), while PARKGENE will do it
be a new product focusing on efficient, decentralized peer-to-peer parking

driveways and garages owned by individuals.

Role of PARKGURU.

The PARKGENE founding team already owns and operates successful parking applications.
This product is operated under the brand PARKGURU
(https://parkguru.com/). PARKGURU works closely with parking and workshop companies
cities to provide on-street and off-street parking solutions.

From the beginning, PARKGURU was built with the aim of simplifying its course
parking access drivers, by building a core infrastructure that makes it easy on the road
and off-street parking. The natural extension of PARKGURU is to take advantage of existing ones
technology to build PARKGENE, a decentralized parking solution for
era blockchain.

The introduction of PARKGENE will create an operational fork. PARKGURU will
remain focused on providing on-street and off-street parking, sourced from
city ​​and professional parking operator (garage), while PARKGENE will do it
be a new product focusing on efficient, decentralized peer-to-peer parking.

The success of PARKGURU has provided proof of concept for PARKGENE. What
which has been developed will be a minimum viable product
PARKGENE to start its operation. PARKGURU's contribution to PARKGENE will be
not only IT and infrastructure, but also the introduction of PARKGENE services
to over 50,000 existing PARKGURU clients and shares of PARKGURU

talent more than thirty engineers, developers, support, sales and finance
team.

How does PARKGENE work?

Motorists looking for a parking spot meet virtually with the owner parking through
PARKGENE Application The following diagram shows the different stages of parking
the session is completed on the PARKGENE platform and above the Ethereal Blockchain
with smart contract.

As soon as the driver booked the parking lot, the reservation triggered PARKGENE
smart contracts at Public Blockchain Ethereal.

The PARKGENE application transfers the full amount of parking fees at GENE from
driver's wallet, to storage place (temporary wallet). It should not be enough
Hanging balance in the driver's wallet, the driver can use his or her credit card or other
payment instruments (Bitcoins, Ethers) to buy real-time GENEs and pay for
transaction.

Reservation and payment successfully provide additional App functionality
drivers and parking owners needed for actual settlement
parking session For example, the driver will have the ability to open the garage
door from his mobile phone, while the owner of the parking is notified and monitored -
in live video - vehicle entrance and exit. This function is optional -
although very helpful - and achieved through integration of PARKGENE
platform with existing remote access tools available on the market, or a
Special equipment PARKGENE will offer to the owner of the parking lot is very low
cost.

At the conclusion of a successful transaction, the parties terminate the smart contract
Ethereum, with admission and confirmation in blockchain.

Owners of the parking lot receive, from storage to their wallets, 70-80%
from the smart contract at GENE tokens, when the driver checks out of the parking lot.

The remaining:

• 5% of the total amount is paid to the owner of the parking lot and the owner of the parking lotthey take some action that enhances the ecosystem (eg, rating,Review)
• 10-20% of the total amount paid to PARKGENE to cover operationdevelopment, cloud services and advertising costs.

At any time, platform users can buy or sell GENE tokens for FIAT

currency (USD, EUR, JPY, CNY, etc.) or other cryptocurrencies (BTC, ETH, etc.) by

using some cryptocurrency exchange service that can swap GENE tokens

(if and so GENEs are available on the exchange)

GENE is available in a limited edition of 1,000,000,000 GENE Tokens.

We are considering a possible increase in user and smart amount

contracts may increase GENEs demand among drivers, resulting in a

token that other service providers (ie Toll, Car Wash, Car Insurance, Tow

Service providers etc.) will likely receive payments for their services.

Business model.

PARKGENE offers an easy way to understand the monetization model.

The PARKGENE service is monetized through a commission charged parking fees

spots offered by individuals. Depending on the area, the commission range

from 10 to 20% of the service charge.

Currently, in European and US markets where PARKGURU service is located
Already up and running successfully, 15% commission is being filled.
The same rate has been confirmed in China, Singapore and other regions.
Rates are calculated automatically and consolidated within each region. This
ensuring that customers receive the best service at the best possible price.

Token Sale.

During Token Sales, PARKGENE PTE Ltd will issue a crypto sign called GENE
Token (GENE) on Ethereal block, operated by which smart contract
will be available to buyers around the world, excluding Restricted People.

GENE (GENE) - Token ERC20 with limited release
• Blockchain: Ethereal
• GENE (Basic Prices of Token Sales) = $ 0.10
• Total GENE: 1,000,000,000
• Token Sale Hard Cap 350 million GENE
• Accepted form of payment: BTC, ETH, BCH, LTC, DASH and USD

For more information :

• https://parkgene.io/
• https://parkgene.io/#whitepaper
• https://parkgene.io/bounty/
• https://t.me/parkgene
• https://www.facebook.com/parkgene.token/
• https://twitter.com/PARKGENE1
• https://www.youtube.com/channel/UCef5Kx_I_9DGnU1CSnwQC-A

AUTHOR: jelambar111

https://bitcointalk.org/index.php?action=profile;u=1417970