CoinMarketCap officially lists PARKGENE’s – GENE Token

A message to the PARKGENE community by PARKGENE CEO, Nikolas Skarlatos :

Dear Friends,

We are delighted to announce that CoinMarketCap, the number one trusted resource on cryptocurrency market information, has officially listed the GENE token here:
https://coinmarketcap.com/currencies/parkgene/

The official CoinMarketCap listing puts the GENE token at the heart of the cryptocurrency community and justifies our efforts of the past year. We want to thank the PARKGENE community for their support, since it was the trading and the community activity that drove the CoinMarketCap listing.

The CoinMarketCap official listing is another step forward for the GENE token:

  • The PARKGENE community can now get the most up-to-date and credible information on the GENE token’s financial indicators.
  • The CoinMarketCap listing helps with the token’s exposure to a wider cryptocurrency audience interested in the token itself but also in the PARKGENE business.
  • This way, PARKGENE business progress will be associated with the GENE token’s performance more effectively.
  • Finally, we continue to do our best to list the GENE token on other exchanges and the CoinMarketCap official listing will help in our efforts.

On the business side of things, we’d like to remind you that we’ve successfully launched the PARKGENE web service, integrated with the GENE Wallet, as well as the new website where parking spot owners can list their parking spots.

Also, on Monday, May 14th, as promised, we are launching additional enhancements to the GENE Wallet, along with a related announcement.

We continue to work towards the commercial roll-out of PARKGENE Service and our plan to release the Mobile Apps and Web Booking service on June 4th, 2018.

We will continue to keep you regularly updated with our progress.

Sincerely,
Nikolas Skarlatos,

CEO – PARKGENE

May 11, 2018 PARKGENE No comments yet

PARKGENE Status Update – April 23

Dear PARKGENE Supporters

We would like to share a quick update on some of the activities that have kept us busy in the past week:

  1. On Monday 26/4 we distributed the GENE Tokens to participants who passed the KYC process and provided an ETH Wallet address.
  2. The same morning we distributed the GENE Tokens to Bounty Hunters who provided their ETH Wallet address.
  3. The GENE Token, since then, has been accepted and trading in three exchanges (BTC-Alpha, Bitpaction, GETbtc)
  4. Trading during week 1 was dominated by sellers who have put a pressure on the GENE Token price, currently trading around $0,012.
  5. Our Team has been supporting all participants and new interested users around the clock on our Telegram Channel and Email.
  6. On the business front we are getting ready for the official launch of the PARKGENE Peer-to-Peer Parking service which is fully integrated with GENE Token and other Cryptocurrency payments.
  7. The GENE Wallet, acting as the payment gateway for the Parking App is already available on Google Play Store while the iOS Version is under review from the AppStore. We believe that the documentation provided to Apple will allow them to list the App soon. We will keep you posted on this.
    The GENE WALLET for Android can be found here at the Google Play Store
  8. We have made the strategic decision to integrate the PARKGENE Peer-to-Peer application with the existing PARKGURU application, so that users are able to access all types of available parking options from one app, using GENE Tokens for payment. This is a major development as it puts PARKGENE at the heart of our 60K+ user community and will drive significant demand for the GENE Token.
  9. We are working with sites like CoinMarketCap to list the GENE token.
  10. We are also in discussions with several Exchanges that could offer significant liquidity to the GENE Token.

 

Next Steps:
We are working hard on executing our roadmap and our next steps include the following:

  1. We are launching the new PARKGENE WebSite for the new PARKGENE Service by May 7th, which allows users to list their parking spot. Approximately one week later we are launching the service that includes the Mobile Apps and a full Web interface.
  2. Next week (beginning of May) we are offering several enhancements to our GENE Wallet, such as ability to transfer In & Out, Bitcoin and Ethereum as well as the ability to trade GENE for Bitcoin or Ethereum and vice versa.
  3. There will be several Announcements on strategic partnerships that we have been working on, aimed to enhance the PARKGENE Ecosystem and the demand for GENE Tokens.

Please stay tuned for more information on the above and future PARKGENE developments.

April 23, 2018 PARKGENE No comments yet

PARKGENE Roadshow Update – February 9, 2018

PARKGENE CEO, Ilias Hatzis and CFO Nikolas Skarlatos have been participating in several events around the world bringing the PARKGENE ICO to the Crypto community.

They visited Crypto Economy ICO 2018 in London, Crypto Economy ICO 2018 in Amsterdam, d10e in the Cayman Islands, 2nd Blockchain Middle East Forum in Dubai, and will be visiting several more until the end of the ICO and beyond.

The purpose of these trips has been to meet with interested parties and introduce PARKGENE to the ICO and Crypto communities. The PARKGENE executives met with Fund Managers, with partners we work with, with opinion leaders in the crypto space, with media, and with PARKGENE backers. They participated in presentations, workshops, panel discussions on legal, marketing, valuation etc.

They also participated in Post ICO panel discussions, met with several exchanges and participated in several networking events.

So far, the PARKGENE roadshow has been very productive and useful. We will let you know more about the PARKGENE roadshow as it continues.

February 9, 2018 PARKGENE No comments yet

Cryptocurrency Volatility Protection for GENE Token Buyers

SINGAPORE, ATHENS, LONDON. Thursday January 25, 2018

PARKGENE announced today that it offers downside and upside protection against cryptocurrency volatility for GENE token holders.

 

“Having listened to our community’s concerns regarding the volatility of their cryptocurrency positions, we have decided to help alleviate the concerns of crypto appreciating or depreciating during the course of our ICO, offering guaranteed protections, both in the upside as well as the downside”, said Nikolas Skarlatos, CFO of PARKGENE.

The Volatility Protection scheme is further detailed below with the following two protections offered:

 

  1. Up to 20% upside guaranteed

If the digital asset exchanged for tokens appreciates, the token holder will get extra tokens up to 20% of the upside.

 

  1. Downside protection against any downside risk

If you have purchased GENE tokens using cryptocurrency, we will lock the number of tokens against the crypto price at the time of the purchase.

 

 

More specifically, below you can find the upside-protection level based on participation:

Participation Value   Upside Price Protection
$2,000 – $5,000 10%
$5,001 – $10,000 15%
$10,001 + 20%

 

If the digital asset exchanged for the tokens appreciates, the token holder will be able to benefit from this as his tokens will be recalculated up to a certain percentage based on volume (see table above).

Please note:

  • These recalculations will only involve the tokens allocated from the sale transaction. The adjustment does not apply to bonus tokens.
  • Recalculations are made daily (for reference) and the final calculations will take place on February 19, 2018 or at any point that our hard cap is reached and the ICO is sold-out.

To better understand how the Volatility Protection works please see the examples below:

Example 1: You’ve purchased 95,000 GENE with 1 BTC at $9,500 USD/BTC. At the end of the ICO, BTC has appreciated to $13,000 (a 36.8% appreciation) you will receive 15% more tokens. (14,250 additional tokens)

Example 2: You’ve purchased 95,000 GENE with 1 BTC at $9,500 USD/BTC. At the end of the ICO, BTC has fallen to $7,000 (a 26.3% depreciation) your purchase is not affected by the price decline

Example 3: You’ve purchased 95,000 GENE with 1 BTC at $9,500 USD/BTC. At the end of the ICO 1 BTC has appreciated to $10,500 (a 10.52% appreciation) you will receive 10.52% more tokens (9,994 additional tokens)

 

February 9, 2018 PARKGENE No comments yet

Cryptocurrency Gene eyes global parking market – Article on Kathimerini

By VANGELIS MANDRAVELIS

The Greek answer to Bitcoin is Gene, created by the ParkGene company, and is trading on the online market with relative success.

Singapore-based ParkGene is practically run from Athens, where its founding team is located. Since end-December it has been extremely busy, having started its own initial coin offering (ICO), which has done quite well considering it has already sold more than 42 million Genes. The coins sold are valued at $4.2 million (3.44 million euros) and its target is to reach $35 million by February 19. This capital will allow the company to promote Gene around the world, with the aim of selling 1 billion units.

So what can you buy with Genes? To start with, “you will be able to rent parking spaces,” says ParkGene head Ilias Hatzis, the man behind the Greek cryptocurrency. “It’s like Airbnb for your car,” he explains, noting that the company’s aim is to penetrate the international parking market, valued at $100 billion per year.

According to Hatzis, when a car leaves its parking spot, for instance when its driver goes to work, the space is re-leased and can be used by someone visiting the area. There could be an exchange between the two drivers, with ParkGene collecting a small commission – in Genes.

Source: eKathimerini.com

January 19, 2018 PARKGENE No comments yet

PARKGENE PRE-ICO Sold Out Early – ICO Day #1 Under Way

We are excited to announce that after the PARKGENE PRE-ICO was sold-out early, the PARKGENE ICO is now under-way, amid growing demand for participation in the Early Bird – Day #1 which offers up to 35% bonus. It was announced today that the PARKGENE ICO Day #1  has been extended by 3 days, to January 19, to meet this demand.

 When we launched our Pre-ICO on December 15th, we hoped it would be a success. We couldn’t have predicted what has happened: 20,000,000 GENE tokens sold-out, ahead of time backed by high-net worth individuals, family offices, and investment funds. Today, 9 hours into the ICO Day #1 more than 20 million more tokens had been sold  despite delays attributed to the payment processor.

 “We would like to thank everyone participating in the PARKGENE ICO. We are grateful for the trust you have shown PARKGENE. We’re happy to announce that our Day #1 promo code offering will be extended for 3 additional days until Friday January 19. We want to give everyone the chance to take advantage of our up to 35% Bonus offer, and to reward your patience, trust and support.”, said Ilias Hatzis, CEO of PARKGENE.

 We urge interested participants to lock-in this bonus by joining our Telegram chat at https://t.me/parkgene to get the promo code and then our token sale platform at https://tokensale.genewalletnew.wpengine.com where step-by-step instructions are available.

 In the meantime, we are in the process of finalizing our partnerships with exchanges, while, at the same time, working to ensure that our application will launch when the ICO is completed, so you can use your GENE tokens to pay for parking from day one.

 PARKGENE is a cryptocurrency-based peer-to-peer parking application using blockchain and smart contracts to connect drivers with parking spot owners.

Find out more about PARKGENE, by visiting the following links:

PARKGENE Website : https ://genewalletnew.wpengine.com/
White Paper : https://genewalletnew.wpengine.com/#download-whitepaper-docs
Token Sale : https://tokensale.genewalletnew.wpengine.com/
Telegram Channel: https://t.me/parkgene

January 15, 2018 PARKGENE No comments yet

PARKGENE Pre-ICO Successfully Concluded

We are excited to announce that the PARKGENE PRE-ICO was sold-out earlier than initially projected and the ICO is launching on Monday January 15, as planned.

When we launched our Pre-ICO on December 15th, just before the holidays, we hoped it would be a success. We couldn’t have predicted what has happened: 20,000,000 GENE tokens sold-out, backed by high-net worth individuals, family offices, and investment funds.

We had unfulfilled orders of over $25K each for 5.5Million tokens which were left out of the Pre-ICO round due to the first-come-first serve nature of the process. Additionally, we have had over 2000 applicants committing smaller amounts which we hope to serve during the open ICO.

“We would like to thank everyone who participated. We are grateful for the trust you have shown PARKGENE, and we promise that we will deliver on making parking 2x faster and 10x cheaper”, said Ilias Hatzis, CEO of PARKGENE.

The PARKGENE ICO is officially launching on Monday, January 15, 2018 at 10am GMT and we are gearing up to meet the growing demand for participation in the Early Bird – Day #1 which offers up to 35% bonus.

We urge interested participants to lock-in this bonus by joining our Telegram chat at https://t.me/parkgene to get the promo code and then our token sale platform at https://tokensale.genewalletnew.wpengine.com where step-by-step instructions are available.

In the meantime, we are in the process of finalizing our partnerships with exchanges, while, at the same time, working to ensure that our application will launch when the ICO is completed, so you can use your GENE tokens to pay for parking from day one.

PARKGENE is a cryptocurrency-based peer-to-peer parking application using blockchain and smart contracts to connect drivers with parking spot owners.

Find out more about PARKGENE, by visiting the following links:

PARKGENE Website : https ://genewalletnew.wpengine.com/
White Paper : https://genewalletnew.wpengine.com/#download-whitepaper-docs
Token Sale : https://tokensale.genewalletnew.wpengine.com/
Telegram Channel: https://t.me/parkgene

January 13, 2018 PARKGENE No comments yet