Parking nowadays, has grown into a major problem in all modern cities throughout the world. The scarcity of available slots for parking and expensive parking infrastructures has really affected our day-to-day lives. The rising population growth has also resulted in increased demand for private and public vehicles and thus an increase in need for parking space, which is scarce.
Since the availability of land depends on the availability of resources, it is a permanent drawback and there is nothing much we can do about it. So, our major goal is to improve the infrastructure and facilities of the parking system to provide more and more parking spaces to its consumers.
The Parkade team consists of real-estate professionals who aim to achieve this goal through building an infrastructure by finding and sharing parking information through the PARKING.IO application.
How Does It Works?
Introducing Parkade Coins, which will be the utility token of the ICO and all the proceeds that will be raised by the ICO will be entirely used and invested in developing the infrastructure and building parking spots. It will use a mobile application the Parking.io, which will be used worldwide using the Blockchain technology. The coin holders will earn 50% of the net profits generated from the parking operations and mobile applications. The remaining 50% of the profits will be invested for development of parking spaces and also maintaining a stable price appreciation for coin holders in the future. In addition to that, the parking holders will also enjoy VIP preference in regard to selection of their choice of available parking spaces. The state-of-the-art application Parkade.io will allow users to use the Parkade coins for all services in the ecosystem like reserving of spots, payment, and other available features. Users can also earn by posting their private parking spots on the world map for rental purposes.
Features of Parkade
- 100% of the net proceeds will be invested by the ICO for development of parking lots and Parkades.
- Coin holders can earn profits as well as get advantage from the stable price appreciation.
- A stable growth where 50% of net profits will be invested every year.
- People can now post their own parking property and earn by renting them on the system.
- It will gradually lower the parking costs over time benefiting both the consumers and the parking companies.
- The program is backed by an experienced group of professionals.
- A parking facility for everyone where anyone can now contribute their bit in the parking infrastructure and also use the facility from anywhere in the world.
- A very simple interface where one can use the facility with just a touch of a button.
- The ICO will be hugely appreciated over time as it allows its users to earn through the system.
- A very transparent ecosystem which will mainly focus on constant development of the facility.
Parkade aims to shape the future of parking in the world. In Phase 1, it wishes to develop its market in 18 cities that are currently experiencing the scarcity of parking. The proceeds will then be used in further expansion and building of infrastructure. At present, Parkade is seeking $ 120 million USD to buy available land for parking slots around the world and also to develop and create proprietary software. In Phase 2, more emphasis will be given on developing and improving the current parking lots, using advanced technologies to make them available to the customers.
Parkade will be our one-time solution to the present global parking crisis and to cater to the needs of the urban population with growing need for parking vehicles. It also seeks to provide long-term benefits to its users with integrated quality management systems that will provide constant and improved services to its customers.