Parkade STO (PKRC)

Discover the opportunity to participate in changing the way the world parks!

"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."

(https://www.parkade.io)

Start Date

15 Aug, 2018

End Date

31 Oct, 2018

Parkade Score Analysis

Parkade aims to build an application that more efficiently creates parking spaces globally, and this is an industry currently flourishing with various competitors. However, Parkade failed to explore the market, and their competitors, in their whitepaper. The CEO’s previous experience level and employment could not be verified and there is no CTO or development team altogether. The product’s realizability may be affected by this; development of the product will begin in January 2019, with the launch of the app planned for February 2019. The marketing advisor is experienced - marketing efforts have been average, with low response from the crypto community. Some red flags were identified, including the hardcap being 120 or 40 times the soft cap depending on the soft cap referenced in the whitepaper or onsite, and key details are entirely missing from the whitepaper. Lastly, no regulation was discussed whatsoever.

Parkade Use of Token

Parkade Coin and Parkade.io offer a gateway to change the supply of parking worldwide. By finding ways to utilize more parking in downtown cores we will be able to help lower parking prices around the globe.

  • Organization

    Parkade Holdings OÜ

  • Platform

    Ethereum

  • Coin type

    Security Token

  • Category

    Real estate

  • Soft cap

    3,000,000

  • Max cap

    120,000,000

  • Max supply

    400,000,000 PKRC

  • Price

    0.5

Parkade Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Private Sale
    • 15 August, 2019
    • 29 August, 2019
    • 0.5
    • 30
    • Claim
    • Pre-Sale
    • 30 August, 2019
    • 13 September, 2019
    • 0.5
    • 25
    • Claim
    • Public Sale
    • 14 September, 2019
    • 31 October, 2019
    • 0.5
    • Claim

Parkade Distribution

Parkade Use of Proceeds

Parkade Team Members

  • Vik Kwatra
    Vik Kwatra Founder
  • Mercy Cabiles
    Mercy Cabiles Client Relations Associate
  • Vanessa Tang
    Vanessa Tang Client Relations Manager
  • Asya Stoyanova
    Asya Stoyanova Accounts Coordinator
  • Petya Yunakova
    Petya Yunakova Accounts Manager
  • Daryl Hlushak
    Daryl Hlushak Construction Manager

Parkade Advisors

  • Jason Cihelka
    Jason Cihelka Advisor
  • Peter Yates
    Peter Yates Advisor
  • Lana Koshkareva
    Lana Koshkareva Advisor
  • Kristina Kirilova
    Kristina Kirilova Advisor

Parkade Past Events

  • 31 March, 2019

    We watched token sales and ICO’s begin to gain traction. Immediately, we saw a need to use the power of the blockchain to help change the world.

  • 30 September, 2019

    As a land developer, we noticed that parking costs and space in downtown areas was becoming more scarce, resultantly parking costs continued to rise.

  • 30 June, 2019

    With an idea formulated to change the way the world parks, we approached creating a focus group study to help build on and perfect the idea.

  • 30 September, 2019

    The focus groups showed support to simplify and grow parking options around the world, and a need to increase parking supply to help lower costs.

  • 31 December, 2019

    Our Parkade teams in both Canada and Estonia were put together, and we began this journey to launch the Parkade Coin ICO.

  • 28 February, 2019

    The Parkade idea was finalized, and whitepaper begins to be developed. Infrastructure for the ICO starts to come together.

  • 30 April, 2019

    Design, logo, and website are conceptualized and finalized. The team agrees on the color green as the staple for the ICO and Parkade.io brand.

  • 30 June, 2019

    The team finalizes the whitepaper, marketing and preliminary real estate research, everyone is excited and ready to launch Parkade Coin.

  • 31 July, 2019

    Information release, 30 days before the launch of the ICO.

  • 15 August, 2019

    Private Sale and Pre-Sale of the Parkade Coin

  • 14 September, 2019

    ICO release and first purchases. Marketing of the ICO will occur in cities around the world.

  • 31 October, 2019

    ICO winds down, roughly 7 weeks after the ICO release.

  • 30 November, 2019

    Begin purchasing assets and application development begins. Construction will begin on applicable purchased property.

  • 31 December, 2019

    Planned launch of the Parkade.io mobile application, designed to provide the infrastructure to support the parking assets purchased around the world.