PARQ
PARQ
Token: PARQ


Creating Green, Smart & Connected Cities

ICO dates
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Registrated in: Netherlands

Platform: Ethereum
Type: ERC20

PREMIUM ICO

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Platform
PARQ whitepaper
Video
PARQ token sale
KYC passing required No | Whitelist No | Restriction for countries No
Token distribution in ICO
20%
20%
Price in PreICO 1 PARQ = 0.07 USD
Acceppting ETH, BTC, Fiat
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Random whitepaper excerpts

Creating Green, Smart & Connected Cities
www.parqtoken.com
2
CCTV
Communication
base station
GPRS
3G/4G/WIFI
Management
system
SMS
Geomagnetism
Detection
Parking
Sensor
RFID
RFID
Electronic
Tag
ABSTRACT
Parksen is an easily adoptable Green, Smart and Connected City Platform that is accessible through a public
API and runs entirely on the existing Parksen Parking Cloud. By utilizing the Ethereum Blockchain and our
own PARQ Utility Tokens, we will offer a variety of solutions and smart contracts that will directly benefit a
wide spectrum of stakeholders within urban metropolises and smaller cities.
We aim to use an open and universal ledger to record and map data that will give us a picture of major
chokepoints in urban areas. With that information we can continuously improve the flow of traffic and
decrease carbon monoxide emissions and congestion, while replacing and renewing outdated technology ...

Creating Green, Smart & Connected Cities
www.parqtoken.com
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Table
of Contents
1. EXECUTIVE SUMMARY
4
1.1 The Challenges Ahead
7
1.2 Our Global Solution
8
1.3 Stakeholders and Users
10
2. OUR HISTORY
12
2.1 A word from our CEO
12
2.2 Parksen Parking App
13
2.3 Parksen Parking Cloud
14
3. YOUR FUTURE
15
3.1 Parksen Market Potential
16
3.2 Parksen Global Expansion
17
3.3 Parksen Features & Integrations
21
3.4 Parksen Streams of Revenue
22
3.5 Parksen Roadmap
23
4. THE PARQ TOKEN
25
4.1 PARQ Token Functionality
25
4.2 PARQ Token details
26
4.3 PARQ Token Distribution and Allocation
27
4.4 PARQ Charity and Smart City Project Budget 28
4.5 Why PARQ is a Utility Token and Not a Security 28
5. THE PARQ ICO
29
5.1 Pre-Sale Information
29
5.2 Public Sale In...

Creating Green, Smart & Connected Cities
www.parqtoken.com
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1
EXECUTIVE
SUMMARY
The Parksen Green, Smart and Connected
City Platform has the power to revolutioni-
ze urban infrastructure industries. To pro-
ve our solution works, we are first going to
bring the desired and necessary innovation
to one of the most outdated industries out
there: Parking and Transportation.
Loss of Time and Money
According to the 2017 The Impact of Par-
king Pain in the US, UK and German
[1]
INRIX research paper, drivers have to pay
a substantial price (both economically and
emotionally) to find themselves available
and affordable parking spots.
The search itself costs citizens of the U.K.
44 hours (nationwide average) per driver
per year. Combined, the yearly costs of all
drivers are estimated at $33 billion. Their
American counterparts spent 17 hours
(nationwide average) per driver per year,
which costs US...

Creating Green, Smart & Connected Cities
www.parqtoken.com
5
getting into arguments with fellow drivers
(32% of male drivers during 2016 in the
U.S.) and feeling stressed (69% of female
drivers during 2016 in the U.K), to missing
appointments (40% of all participating dri-
vers in 2016).
To put it in perspective, let’s have a look at
some more numbers. Drivers in New York
City spent an average of 107 hours (against
a nationwide average of 17) per driver per
year looking for parking, and this costs
them $2,243 per driver per year. Wasting
time and fuel makes up the bigger part of
the cost for searching parking spots.
Londoners end up driving around 67
hours (against the national average of
44) per driver per year, which costs them
$1,566 per driver per year. These are no
small amounts of money to waste just on
parking.
Because of outdated technology and unre-
asonable rates, drivers also end up paying
...

Creating Green, Smart & Connected Cities
www.parqtoken.com
6
Requested Solutions by Drivers
The INRIX research states that some of the
most desired features include real-time
parking availability, advanced parking re-
servation, advanced payment and naviga-
tion with parking. All of which are features
which will be a part of our Green, Smart
and Connected City Platform.
Real-time availability and parking reser-
vation are most popular. With only 8% of
Americans using some sort of reservation
against 77% that would use such a more
specific feature if it existed, only 15%
would never use it. Real-time parking avai-
lability is being used by 7% of Americans
while 84% would use such a feature if they
could, 9% would not.
In summary, we’re looking at an extremely
fertile and underdeveloped industry with
a lot of areas that are ripe for immediate
improvement. This includes, but is not li-
mited to, decreasing our ...

Creating Green, Smart & Connected Cities
www.parqtoken.com
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1.1 THE CHALLENGES AHEAD
LOSS OF TIME AND MONEY
As mentioned in the introduction, the big-
gest problem for drivers right now lies
in searching and overpaying for parking
spots. Not knowing where they can find
available spots, the inability to select and
reserve them ahead of time and the stea-
dy increase of inner-city congestion costs
a lot in terms of time and money.
OUTDATED SYSTEMS
A large and global problem is that cities,
companies and garages alike use varying
software and hardware. Due to a lack of
cooperation between the different parties,
many parking spots remain unused and
workload for developers, maintenance
personnel and administrators is unneces-
sarily high. The lack of modern equipment
such as Internet of Things devices, univer-
sal software systems and clear communi-
cation directly contributes to an increase
in congestion a...

Creating Green, Smart & Connected Cities
www.parqtoken.com
8
DEPENDENCY
If you’re at a bar and forget to add more
coins to renew your parking session you’ll
probably get a fine. Much like you will get
charged extra for forgetting to turn off your
parking app. In the end, you’re wasting
money while it shouldn’t be something for
you to worry about. The system is set up to
take as much of your money and time as
possible. We’re here to change that.

1.2 OUR GLOBAL SOLUTION
GREEN, SMART & CONNECTED
CITY PLATFORM
Our platform has been created with the
intention of dramatically improving outda-
ted and ancient city infrastructures. The
aim is to streamline day-to-day activities
for anyone who finds themselves in the
heart of busy cities. To prove beyond the
shadow of a doubt the necessity of our
platform, we are going to put it to the test
by tackling the problems of the Parking
and Tra...

Creating Green, Smart & Connected Cities
www.parqtoken.com
9
tal level. Companies are already investing
heavily in IoT, and it will be a matter of time
[3]
before every car becomes a smart car,
ready to connect to our Parksen Platform.
Finally, and perhaps most importantly, in
order to stimulate constant development
and innovation of our platform, we will of-
fer a public API and release special SDKs
for all you developers out there to play
around with.
The Parksen Green, Smart & Connected
City Platform will run exclusively on PARQ,
our own Utility Token on the Ethereum
Blockchain. With these tokens you will be
able to undertake several actions depen-
ding on the kind of user that you are.
Drivers can use it to pay for parking, whi-
le individuals or groups that offer parking
spots will be able to earn tokens and use
PARQ to purchase software or hardware
upgrades for their existing systems, but
als...
Arjan Douwes
Arjan Douwes Senior Developer

Massimo Bensi
Massimo Bensi Senior Developer

Joost Platje
Joost Platje Global Sustainability Strategist

Roy van Pamelen
Roy van Pamelen Urban Development Specialist

Tanna Heath
Tanna Heath Risk Assessment Manager

Cor Alberts
Cor Alberts Legal Counsel

Maarten Voskuil
Maarten Voskuil Legal Counsel Consumer Privacy

Wilhelm Roth
Wilhelm Roth Marketing and Communication Manager

Jan Heemskerk
Jan Heemskerk Content Manager

Marc Garcia Abellan
Marc Garcia Abellan Social Media and Community Manager

Simon Cocking
Advisors Simon Cocking

Jason Hung
Advisors Jason Hung

Jason Hung
Jason Hung
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