"A Green, Smart and Connected City Platform"





Parksen combats worldwide traffic congestion and pollution through a Green, Smart and Connected City Platform, which utilizes the IOTA and Ethereum blockchain, smart contracts, IoT devices and a real-time parking app.





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Additionally, we will reserve a large amount of the funds for cities that wish to test our platform and upgrade their outdated systems to a smarter, more innovative and greener alternative, but do not possess the means to do so on their own.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.





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An Innovative City Development Platform

The universal solution for smart cities









The Parksen services are divided between our 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, we will create a truly sustainable and intelligent city development platform. With the collected data, we 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.





Powered by PARQ

Our multi-functional utility token

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

Pay for parking

Using the Parksen parking app, drivers can locate, reserve and pay for their parking before ever leaving home. The app then guides them there following the fastest possible route.

Pay for equipment

Using the Green, Smart & Connected City Platform, municipalities, parking garages and companies can purchase and integrate new system and hardware upgrades from our partners.

Earn by collecting data

All types of users can earn PARQ tokens by collecting and submitting data on local congestion and pollution levels, parking space availability and a wide variety of surveys.

Earn by renting out parking spots

Using the Green, Smart & Connected City Platform, all users can earn PARQ tokens by registering and renting out individual and corporate parking spots that belong to them.





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Advantages

for drivers





Real-time information

Always know where to find the closest available and most affordable parking.

Spend and earn PARQ

Share data on available parking, local traffic congestion and pollution levels to earn PARQ tokens.

Constant innovation

Directly benefit from IoT and other Smart Parking solutions as they are being developed and released.





Advantages

for providers

Enhanced services

Enjoy an effortless one-size-fits-all universal dashboard to manage your available parking spots.

Save time & money

Sustainable and smart IoT devices will save you energy, maintenance and repair costs all across the board.

Create smart cities

Get in on the ground floor of technological innovation within city development and transform your dumb city to a smart city.





PARQ Token details

Total tokens: 1.000.000.000

1.000.000.000 Ticker: PARQ

PARQ Type: ERC20

ERC20 Inflation: None

None Token sale start: 01 – 06 - 2018

01 – 06 - 2018 Sale length: 1 year

1 year Token Base Price: $ 0,10

$ 0,10 Hard Cap: $ 19.500.000

PARQ Token Distribution and Allocation





Use of proceeds