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PARKGENE is a scalable Ethereum-based platform that enables drivers to book parking directly from individual parking space owners. Parking spot owners will be able to list and sell their spots directly to drivers. The Blockchain and smart contracts are used to make the parking efficient, cheaper and secure, while the GENE token payments resolve regulation compliance issues.
GENE is an ERC20 token that serves as a currency on PARGENE's ecosystem.
We are set to disrupt the traditional Parking industry, sized at $100 Billion annually by utilizing PARKGENE’s Peer-to-Peer Ethereum-based blockchain technology. We strive to provide a seamless parking experience, while, at the same time, helping cities become smarter and environmentally friendly.
Our vision is to establish the GENE token as the currency for the automotive industry:
payment for parking, and furthermore integrating it with mobility services, vehicles
and automotive infrastructure.
Token Status and Distribution
The total circulation of GENE is fixed to 1,000,000,000 tokens, among which community distribution covers 27% of all total circulation, private equity fund investors’ share covers 10% of all total circulation, the tokens distributed by marketing promotions cover 1.2% of all total circulation. The founding team owns 【10% (100,000,000 GENE TOKENS)】 of all total circulation and 40% of all total circulation is held as a Future Fund to be deployed upon community voting. More precise information can be found here: https://parkgene.io/gene-token-sale-details/
1 USD = 10 GENE