PARKGENE Successfully completes its ICO
We are excited to announce that the PARKGENE crowdsale has come to a close.
We would firstly like to express our gratitude towards our community for their overwhelming support, and for believing in our vision.
Secondly, we would like to inform the community on our results:
- Well over 10,000 participants are part of our project already by participating in the ICO, while more than 20,000 people have engaged with our social media channels sharing their support and enthusiasm throughout this campaign.
- On the crowdsale, the last couple of weeks have led to a strong finish and our tally stands at a total of 294,850,587.33 tokens allocated out of a 350 Million supply.
- Of the total tokens allocated, approximately 243 million are pending KYC before distribution, approximately 51 Million are pending banking clearances and 1 million tokens are allocated to the GENE wallet for sale to latecomers with a 25% bonus until the tokens are distributed to the participants and start trading in exchanges.
- We will burn a minimum of 55,149,412.67 GENE Tokens which were not sold, together with any quantity of GENE Tokens which their participants fail the KYC or bank clearance.
KYC (Know Your Customer) procedure
The next step of the ICO is the necessary KYC phase before the distribution of the GENE token to the participants. Participants will have to complete the KYC check through the KYC section at https://tokensale.genewalletnew.wpengine.com.
Bounty hunters do not need to go through the KYC check.
What’s next on the product / service offering
Our progress on the product front has us at the launch of the GENE wallet with more than 3500 thousand downloads within 5 days and just a few weeks away from the launch of the PARKGENE service.
For latecomers, there is a aforementioned limited supply of 1 million GENE tokens available for sale, only through the GENE wallet, offering a 25% bonus for purchases over $200. Download the GENE Wallet for Android from https://genewalletnew.wpengine.com/walletgoogleplay
We will keep you regularly updated on the progress of the PARKGENE crowdsale activities and on the PARKGENE service through our website (https://genewalletnew.wpengine.com), our Telegram channel (https://t.me/parkgene) and via Email.
The PARKGENE Team
PARKGENE PTE LTD is scalable blockchain-based platform that enables drivers to book parking directly from individual parking space owners at lower prices and with increased convenience. PARKGENE’s decentralized technology creates new parking spots in already crowded cities, which now remain unutilized, by enabling not only peer-to-peer but also the seamless integration of all existing parking technology. PARKGENE is issuing the GENE token, to be used as a means of payment for parking between drivers and parking spot owners.