The Parksen services are divided between the real-time Parksen parking app – of which a modest MVP already exists – and the Green, Smart & Connected City Platform. Utilizing the Ethereum blockchain, smart contracts, a universal ledger and a variety of IoT devices, it aims to create a truly sustainable and intelligent city development platform. With the collected data, Parksen will be able to battle back against the ever-rising levels of traffic congestion and pollution that are damaging life in large urban metropolises and small cities alike. The Parksen parking app will use that same data to guide drivers to available and affordable spots, while municipalities, parking garages, companies and other users of the City Platform can use the data to improve their own infrastructures.
The PARQ token is an Ethereum-based ERC20 utility token which can be spent and earned within the Parksen parking app and the Green, Smart & Connected City Platform.
PARQ Pre-ICO began on May 1, 2018, and has ended at August 1, 2018, 5% of the tokens total supply was available with a starting price of 0.07 USD. PARQ ICO began on August 1, 2018. The ICO token supply represents 20% of the total token supply, so there is a total of 200,000,000 PARQ tokens available, for 0.10 USD each. The ICO funding cap is 19,500,000 USD and is expected to end on May 31, 2019, or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (75%):
PARQ ICO features a bounty campaign.