There’s a worldwide parking crisis, and it’s growing each year. Populations are on the rise and usable land is scarce in major cities. There are billions of cars across the globe. They all need somewhere to park, but there are simply not enough spaces.
Since land is a resource that we can’t make more of, we have to develop systems to make more of the land we do have. That means building better infrastructure. This is the goal of Parkade.io – to create a full-scale parking system that can be used in any city to make parking more affordable and convenient. We’re intelligently redesigning parking through custom technology and real estate management strategies.
It starts with Parkade Coins, of which 100% of the net proceeds of the ICO will be invested into parking spots, lots, and parkades. Parkade Coin holders will have the right to participate in profits generated by assets owned by the company and they will benefit from stable price appreciation. Once the Parkade Coin ICO has come to an end, the first strategic action will be purchasing parking real estate. The second phase will be to improve on that real estate. We will be building up rather than out, buying and improving current lots, and using custom-developed technology to make parking more accessible. Together, we’ll be solving the global parking crisis with strategic investment.
- Starting price for PRKC token is US$0.5/token.
- Ethereum, Bitcoin and Litecoin will be accepted through parkade.io website.
- Soft Cap is 500K USD.
- Hard Cap is 120 Mil USD.
- Total number of tokens is 400 Million of which only 240 Million. is available for sale.
Token allocation details are as follows:
60% - Token Sale
15% - Team
5% - Community
10% - Partnerships
10% - Reserved
Distribution of ICO proceeds will take place as follows:
80% - Purchasing of Infrastructure & Hardware
2.5% - Mobile Application Development
5% - Transaction and Legal
7.5% - Development and Staffing
5% - Marketing