What is Parksen and what is it for?

Parksen is an easily adaptable Green, Smart and Connected City Platform that has a public API and runs entirely on the Parksen Parking Cloud.

Using the Ethereum Blockchain, we offer a variety of solutions and smart contracts that will benefit a wide spectrum of stakeholders within urban metropolises and smaller cities, while helping us create a smarter and greener world.





How is Parksen going to make us all smarter?

We have used the Ethereum blockchain and our API to create an open and universal ledger that records and maps data in urban areas. This data allows us improve the flow of traffic and decrease congestion levels and toxic carbon monoxide pollution, but it also shows which while old equipment and technology can use an upgrade and it helps integrate Smart Parking solutions through IoT (Internet of Things) devices and Green Field appliances.

The possibilities don’t end just there. Our public API enables developers to create new appliances or functionalities to already existing ones, so they can contribute and make the most amazing creations that city councils, corporate institutions and individuals can then use to make their cities smarter, greener and more connected.





Why an ICO?

We will be able to raise funds for the future development of our Green, Smart and Connected City Platform by ways of an ICO (or Initial Coin Offering). The ICO allows anyone to invest in our company by purchasing the PARQ tokens. We are going to offer Utility tokens which can be used within our Parksen Parking application and the accompanying dashboards.

Additionally, we will reserve a large amount of the funds for cities that wish to test our platform and upgrade their outdated systems to a smarter, more innovative and greener alternative, but do not possess the means to do so on their own. Greener cities should not only be an option for the very rich among us.

What is a PARQ token?

PARQ is our very own Utility Token. Primarily used as a currency for drivers and parking spot owners in the Parksen Parking app. You will be able to book a parking spot on our website or via the app, either in advance or at the moment of placing an order for a parking spot listing from our marketplace.

Moreover, municipalities, corporations and parking garages can also use PARQ to purchase equipment, IoT devices and other future product lines. You can check out the Feature section of the whitepaper for more information about this.

Finally, even though it is not our primary scope, users and investors can also buy PARQ tokens with the intention to invest towards our future development as a whole.





How do you pronounce PARQ?

You can say it however you like it better, but we usually say Par[kju] (and the Q stands for Quality!)





Is the PARQ Token a security?

No, PARQ is a utility token and not a security token. You can use our one-of-a-kind PARQ tokens to rent parking spots, connect to affiliated apps and purchase smart devices from our various partners.





Who can participate in the PARQ Token Sale?

Everyone can! Additionally, anyone can participate in the PARQ Bounty program, whether they buy tokens or not. To be completely sure, please check out your regional regulations on this matter.





How can I obtain PARQ?

You can purchase PARQ during our ICO, which will be divided in a pre-sale and a public-sale. After these have been concluded you can also obtain PARQ via exchange platforms that have listed PARQ. You will need to own a Ethereum ERC20 compatible wallet.

Alternatively, you can earn PARQ by joining our bounty program and help us spreading the word!





Is there an Airdrop Policy?

You can get free PARQ during our airdrops, which will be given to registered users during the pre-sale and the public-sale.

Register now and receive your free PARQ soon!





Do you reward the Community and the Hodlers for holding PARQ tokens?

Yes we do! We love our community and our hodlers. The longer you keep your PARQ tokens in your wallet and the more you have there, the more free tokens you will receive!

We have reserved 5% of our tokens with a value of $5 million for our community and our hodlers. We will distribute PARQ tokens worth $1.25 million to hodlers every 6 months over a period of 2 years.





Is PARQ based on Ethereum?

Yes, PARQ is part of the Ethereum Blockchain. In order to receive, send and store PARQ you will have to be in possession of an Ethereum address. We stro­ngly suggest that you use a ERC20-compatible wallet such as Mist, Parity, MyEtherWallet or any other valid alternative, such as a Hardware wallet like Trezor, Nano S Ledger or KeepKey for extra safety.





Where can I find all the documentation for investors?

You can find and download all the documents for investors on the All you need to know about Parksen page. Our package for investors contains 1. Our One Pager, 2. PARQ Whitepaper, 3. The PARQ token distribution, 4. Our executive Summary, 5. Our Forecast for Market Share, 6. The Parksen Presentation and 7. PARQ Token Economics





What is your Refund Policy?

Any PARQ purchases or payments in the Parksen app are final and non-refundable.





Where can I see my PARQ tokens?

During the ICO you can keep track of your purchased tokens within the account section of our ICO website.

Once month after the public sale has started all purchased tokens will be distributed to the (ERC20-compatible) wallets of the participants.





Is there a minimum purchase for PARQ Tokens?

During the presale and the ICO, as we strive to make participation possible for as many people as possible, we have decided there will be no minimum contribution.





When will the crowd sale happen?

The Pre-Sale will start on June 1 st , 2018 and will end whenever the first 50.000.000 tokens have sold out. We are offering this original number of tokens to early adapters and enthusiasts. After that we will continue with the Public Sale, which will offer a total of 200.000.000 tokens.

The unsold tokens will be burned after the ICO.





What is the price of a PARQ token

Our ICO will run for over a year. During the Pre-Sale, the price of one PARQ will be $0,07 (discount of 30%). During the Public Sale tokens will go for $0,08 (discount of 20%).





When will PARQ tokens be issued?

The total supply of PARQ tokens is 1.000.000.000, of which we have made a total of 250.000.000 available for the Pre- and Public Sale. Token distribution will start to take place one month after the sales have started. Due to the large amount of tokens, we will create a schedule for each batch distribution.





What currencies can I use to buy PARQ tokens?

PARQ tokens can be bought with FIAT currency via bank transfer, Paypal, creditcard and with ETH or BTC. All purchased PARQ will be transferred to the wallets of participants during the first days of every month after the ICO has started.





I accidentally sent my PARQ tokens to the wrong address. Can you help me?

As much as we would love to help you, the PARQ token contract follows the ERC20 standard, which means PARQ is decentralised and the contract owner has no control over it.

Only you can keep your tokens safe, so please make sure you thoroughly educate yourself about how to safely store and send tokens before making any transactions.





Charity, you say?

At PARQ, we follow and admire all those who contribute to a better world. That’s why we want to extend or contribution further than what we can do for ourselves.

Once all PARQ tokens are issued, we will donate 1% of PARQ tokens – initially 100.000 tokens – to platforms and institutions who, like us, pursue the creation of Green, Smart and Connected Cities.

What is the PARQ bounty program?

We believe that no good deed should go unrewarded. Users and investors that want to assist in making PARQ a successful project will be eligible for PARQ token rewards!

The available programs will vary between anything from a simple yet effective referral program to more in-depth options like writing a blogposts and articles, creating YouTube videos and Facebook or Twitter posts. Please keep an eye out on our ICO website for active bounties and a more detailed description.

Everyone can participate in the PARQ bounty program.





When will the bounty rewards be handed out?

Everyone who participated and completed one or several of our bounties will receive their rewards two weeks after the token distribution has started.





Does PARQ have a referral program?

Absolutely! We want to show you all how much we appreciate all your help and support. Anyone can earn 5% on every ICO transaction by sharing their unique referral link. These links and the accompanying codes can be found in your profile.

Will Parksen share my data with any third parties?

Trust is a two-way street! All personal data you decide to provide us is intended to remain in our hands only, not to be disclosed or shared with any other third parties. That being said, data regarding traffic situations, congestion, unfair wages, bad quality of parking spots and so on will be used towards the improvement of city infrastructure as well as the development of our Platform. This information may be shared with partners in order to improve our services.





Will Parksen send me emails?

Yes, we will. As active purchasers of PARQ tokens and part of our community, we understand you have the right to be proactively informed about what we do, think and aim for. However, we commit not to make it too often and include only relevant information in them.





Is Parksen compliant with laws and regulations?

You bet. The Parksen Parking platform has been on air for years, strictly following all laws and regulations, and we’re aiming to keep it like that for the Parksen Green, Smart and Connected Platform.





How can I report an issue with the Parksen Platform?

We aim for perfection. However, nobody is safe from mistakes! If you spot any issues within the Parksen Green, Smart and Connected Platform, please report it via support@parqtoken.com . Any contribution will be appreciated!





We did our utter best to stay ahead of your potential doubts, but If you have any questions or suggestions you’d like to share with us, please connect with us using Telegram, Facebook, Twitter, or any of our social networks.





Website : https://www.parqtoken.com/

Announcement Thread :https://bitcointalk.org/index.php?topic=4215740.0

Whitepaper : https://www.parqtoken.com/wp-content/uploads/2018/01/Whitepaper_PARQ.pdf

Telegram : https://t.me/joinchat/I4LnZE9qebA6pa1UxVu4ww



