Parkres ICO (PARK)

Blockchain based parking solution

Parkres is a blockchain based parking solution, that has been developed to bridge the gap between the blockchain technology, cryptocurrencies, and parking systems. Via Parkres platform, users can reserve available parking spots anywhere, anytime, and pay via the special Parkres mobile app using fiat currencies or cryptocurrencies such as BTC, ETH, and others.

Start Date

01 May, 2018

End Date

30 Nov, 2018

Parkres Use of Token

PARK is Parkres native token. PARK is an Ethereum based ERC20 token. 85 million PARK tokens will be offered for sale via the ICO, which represent 47.5% of the total token supply. PARK tokens are utility tokens that offer their holders discounted parking rates. Users can also stake their PARK tokens for annual profit.

  • Organization

    Parkres

  • Platform

    Ethereum

  • Coin type

    Utility Token

  • Category

    Technology

  • Soft cap

    1,000,000

  • Max cap

    48,000,000

  • Max supply

    200,000,000 PARK

  • Price

    0.5

Parkres Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Private Sale
    • 01 May, 2019
    • 15 July, 2019
    • 10,000,000 PARK
    • 0.5
    • 70
    • Claim
    • Pre-ITO
    • 15 August, 2019
    • 15 September, 2019
    • 20,000,000 PARK
    • 0.5
    • 15
    • Claim
    • Public ITO
    • 01 November, 2019
    • 30 November, 2019
    • 55,000,000 PARK
    • 0.5
    • Claim

Parkres Distribution

Parkres Use of Proceeds

Parkres Team Members

  • Amol Mozarkar
    Amol Mozarkar Chief Executive Officer and Co-Founder
  • Kavita Jangam
    Kavita Jangam Business Development Manager and Co-Founder
  • Arvind Betala
    Arvind Betala Chief Finance Officer
  • Maruti Thota
    Maruti Thota Full Stack Developer
  • Jincy Johnson
    Jincy Johnson Community Manager

Parkres Advisors

  • Neel Mehta
    Neel Mehta Business Strategy Advisor
  • Matthew Taylor
    Matthew Taylor Patent and Copyright Advisor
  • Mike Bishop
    Mike Bishop ICO Advisor
  • Chintan Thakkar
    Chintan Thakkar Strategy and Business Devlopment Advisor

Parkres Past Events

  • 31 March, 2019

    Assembling the co-founding team and developing initial idea.

  • 30 June, 2019

    Building development and marketing team, creating first draft of white paper, launch of private sale for private investors.

  • 30 September, 2019

    Internal testing of alpha version Tokens, signing initial partners and customers, releasing of smart contracts, approaching first customers, start of Pre-ITO Sale event.

  • 31 December, 2019

    Completion of croundfunding event, token distribution, negotiate listing on exchanges, partnership with scalable blockchains.

  • 30 June, 2019

    Release of open source SDK Contracts, building of ecosystem with development community participation, start of mobile app developments for Android, IOS and web Interface.

  • 31 December, 2019

    Launch of beta mobile apps, start of design and development of IOT gateway modules.

  • 31 March, 2019

    Launch of Alpha version for mobile apps, development of IOT gateway modules, prototype development and test implementation.

  • 31 December, 2019

    Integration of systems, wallet back-end, IOT analytics, Assembly of Parking Reading Consoles.

  • 30 September, 2019

    Contract negotiation with customers, installation of reading consoles, end to end testing of consoles and application.

  • 31 December, 2019

    Launch of Phase 1- Product in Canada, North America, installation of reading consoles on parking locations, roadshows and business development.

  • 30 June, 2019

    R & D center Canada, India. System improvements and setup of architecture university. Start of traffic updates console in PARKRES.

  • 31 December, 2019

    Lauch of traffic update feature in PARKRES. Start of LPALMS platform development.

  • 31 December, 2019

    Launch of LPALMS platform, to users. Performance tuning and infrastrucure upgrade for PARKRES platform. Roadshows and business devlopment events.

  • 30 September, 2019

    R&D Center USA, Phillippines. Integration of Parkres apis into vehical GPS modules, negotiation of contracts and licensing terms with car manufacturers.