PARKGENE is the first ICO that will use NetRoadshow's platform to engage with the investment banking community about its innovative decentralized parking solution and its upcoming Initial Coin Offering.
SINGAPORE (PRWEB) January 10, 2018
PARKGENE PTE Ltd. (PARKGENE) a technology provider in Peer-to-Peer Parking services, today announced its partnership with NetRoadshow Inc. (NetRoadshow), the worldwide leader in providing electronic roadshows for the global investment banking community. PARKGENE will use the NetRoadshow platform to engage with the investment banking community about its innovative decentralized parking solution and its upcoming Initial Coin Offering. PARKGENE is the first ICO to use NetRoadShow’s communication platform.
PARKGENE is developing a scalable – blockchain driven - automotive technology platform to allow drivers to book parking spots directly from individual parking spot owners. PARKGENE’s Peer-to-Peer parking solution is the first ever park-sharing solution that uses Blockchain and cryptocurrency token payments and is aiming to revolutionize the $100B Global Parking Industry. The establishment of a peer-to-peer parking community through blockchain technology and the use of GENE tokens as a flexible means of payment, creates an easy, accessible, transparent, cost-effective way for drivers to find a parking spaces and for parking space owners to make extra income.
PARKGENE is launching an Initial Coin Offering on January 15th, 2018 which will run until February 19th, 2018. Backers will have the opportunity to purchase GENE tokens, using Bitcoin, Ethereum, other cryptocurrencies and USD. Investors interested in getting access to the NetRoadShow PARKGENE portal can apply through the form available at https://parkgene.io/netroadshow
“We are excited to be the first ICO to partner with NetRoadshow to reach out to institutional investors and inform them about our project and our upcoming Initial Coin Offering (ICO). While ICOs have certainly changed the investment landscape, we feel that institutional investors should be included in the ecosystem and we are very excited about working with NetRoadshow to better communicate our opportunity to them,” said Ilias Hatzis, CEO of PARKGENE.
With the ICO industry entering its fourth year we are starting to see a shift from traditional venture capital. According to Coindesk research, total investment in ICOs in 2017 has surpassed $3.8 billion. The venture capital model has worked brilliantly for a long time, but has been ripe for disruption and ICOs are the first step in that direction.
“NetRoadShow is the global leader in providing US Securities & Exchange compliant electronic roadshow services for issuers in the global financial markets, including the majority of Fortune 2000 companies’ transactions. Our collaboration with PARKGENE marks our commitment to serving the ever-evolving needs of issuers and investors by entering the crypto currency industry and Initial Coin Offerings,” said Brad Hammond, CEO of NetRoadshow, Inc.
PARKGENE PTE LTD is scalable blockchain-based platform that enables drivers to book parking directly from individual parking space owners at lower prices, with convenience. PARKGENE’s decentralized technology will supply 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, that will be used as a means of payment for parking. Drivers use the GENE token to pay parking spot owners.
NetRoadshow, Inc. provides the U.S. Securities & Exchange Commission (SEC) compliant online communication tools for the global investment banking community. It’s services include electronic roadshows, an Internet roadshow product that provides investment banks and their institutional investors the opportunity to access management presentations in a SEC-compliant electronic format. NetRoadShow’s offerings are specifically developed to meet the ongoing compliance standards for both public and private transactions including equity (IPO and secondary), convertible offerings, high yield and investment grade debt, emerging market debt, asset backed securities, municipal bonds, private placements, non-deal roadshows, and research related to public and private transactions.
For the original version on PRWeb visit: http://www.prweb.com/releases/2018/01/prweb15069550.htm