Parkres
Parkres
Token: PRS


Parking Reservation System

ICO dates
Start date: 2018-08-15
End date:

Registrated in: Canada

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Parkres categories
Artificial Intelligence Big Data Business services Cryptocurrency Electronics Infrastructure Platform Smart Contract Software
Parkres whitepaper
Parkres token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries No
Tokens for sale 85,000,000
Token distribution in ICO
47,5%
47,5%
Acceppting BTC, ETH
Parkres news, social
Parkres search trends in Google
Random whitepaper excerpts

Table of Contents
SUMMARY .......................................................................................................................................................... 3
NOTICE................................................................................................................................................................ 4
LEGAL DISCLAIMER........................................................................................................................................ 4
P
URPOSE
............................................................................................................................................................................ 4
R
ISKS AND UNCERTAINTIES
............................................................................................................................................ 4
N
O
C
ANCELLATION AND
N
O
R
EFUND
..............................................................................

Summary
PARKRES provides a state of the art sensory network to track and manage parking spots
across a city and parking lots. It employs an IoT (Internet of Things) based sensory
network to track and monitor the parking spots across parking locations to suggest or
allow you to reserve parking spots closest to your destination in advance.
This revolutionary service saves countless time, hassle, traffic congestion, fuel and
paper waste as transactions are made with the PARKRES cryptocurrency and payments
can be made by phone, online, auto payments, or monthly subscriptions. System also
allows making payments by FIAT currencies and credit cards if user chose to do so over
digital currencies.
PARKRES system is reinventing the parking industry, as we know it today. On PARKRES
platform users would be able to register or list their own free/open parking spaces,
garages to rent out and make money from it. It would revolutionize the private parking
rental industry, and provide user means to capitaliz...

Notice
If you are not sure about joining into the following initial token offering (ITO), please
consult with professional advisers in the fields of legal, tax and financial.
Legal disclaimer
Purpose
The purpose of this White Paper is to present PARKRES and the PRS token to potential
token holders in connection with the proposed ITO. The information set forth below
may not be exhaustive and does not imply any elements of a contractual relationship. Its
sole purpose is to provide relevant and reasonable information to potential token
holders in order for them to determine whether to undertake a thorough analysis of the
company with the intent of acquiring PRS Tokens. Nothing in this White Paper shall be
deemed to constitute a prospectus of any sort or a solicitation for investment, nor does
it in any way pertain to an offering or a solicitation of an offer to buy any securities in
any jurisdiction.
This document is not composed in accordance with and is not subject to laws or
re...

unforeseen effects on its projected appeal to users, possibly due to the failure to meet
users’ preconceived expectations based on this White Paper, and henc
e, impact its
success. For the foregoing or any other reason, the development of the PARKRES
platform and launch of PARKRES future business lines may not be completed and there
is no assurance that it will be launched at all.
Additionally, in a down-cycle economic environment, PARKRES may experience the
negative effects of a slowdown in trading and usage of the PARKRES platform and may
delay or cancel altogether the structuring and launch of the anticipated PARKRES future
business lines.
Further, should the costs, financial or otherwise, of complying with any newly
implemented regulations exceed a certain threshold, bearing in mind the fact that it is
difficult to predict how or whether governments or regulatory authorities may
implement any changes to laws and regulations affecting future business lines,
maintaining the PARKRE...

No Cancellation and No Refund
All PRS token orders are deemed firm and final. The Client acknowledges that they are
fully aware that they will not be entitled to claim any full or partial reimbursement
under any circumstances whatsoever. As the sale of the proposed tokens is strictly
reserved for experienced professional clientele, the Client may not claim any right of
return against PARKRES.
No guarantee on trading
The Company will use reasonable endeavors to seek approval for the availability of the
PRS tokens for trading on a cryptocurrency exchange. Furthermore, even if such
approval is granted by a cryptocurrency exchange, there is no assurance that an active
or liquid trading market for the PRS tokens will develop, or if developed, will be
sustained after the PRS Tokens have been made available for trading on such
cryptocurrency exchange. The Company is not responsible for, nor does it pursue, the
circulation and trading of PRS Tokens on the market. Trading of PRS tokens will merely

responsibility for updating these forward-looking statements, should any information
relevant to the pertaining forward-looking statements become available in the future.
No information contained in this white paper should be considered as a promise,
representation of commitment or undertaking as to the future performance of the
PARKRES platform, PRS token or any other component of the PARKRES ecosystem.
7
...

What is PARKRES?
Introduction
PARKRES is an eco-system, which is designed with an idea to simplify our lives. With
the advancement of technology, everything has become so easily accessible at the same
time everything is so difficult to understand and sync in. A small thing such as parking,
which was hardly an issue in the old days, now it is such a rare commodity to find. To
find a parking spot is such a frustrating and time-consuming experience these days that
people often have to leave the primary task and focus their time and effort on this
unnecessarily important task. PARKRES is just about to change that.
1. Challenges with Parking
In today’s world where a car has become a necessity rather than a luxury, parking has
become an equally important aspect of day-to-day life. Any place you travel, the first
thing to consider is parking apart from a gas station. With the population explosion and
more vehicles on the street than ever in the history of a mankind, it is becoming more
and...

1.1 Current Parking Systems
There are different types of parking system installations at different places. Each has its
own advantages and disadvantages. Majority of these parking systems are unmanaged.
From figuring out an empty parking spot to reaching the spot on time before someone
else takes it, it is a mad race. Most of these parking facilities are pay as you go setups,
where you take a ticket from the kiosk while entering the parking area and pay when
you leave depending upon the time you use the parking spot for.
The parking systems today only provides a smart payment solution but lacks number
management solution.
Three main parking systems in use today are TIBA, Kiosk, and Native. Kiosk is very
common and everyone is aware of this system. This is a general system that you would
find in any shopping complex, Airports, Train Stations etc. You take a ticket while going
in and pay while going out by validating your ticket.
TIBA also works in a similar manner, but it provides some more o...

Parkres Roadmap

3
Q3 2018
Internal testing of alpha version- Tokens, Signing initial partners and customers, Releasing of smart contracts, Approching first customers, Start of Pre-ITO Sale event.

4
Q4 2018
Completion of croundfunding event, Token distribution, Negotiate Listing on exchanges, Partnership with scalable blockchains.

5
Q2 2019
Release of open source SDK Contracts, Building of ecosystem with development community participation, Start of mobile app developments for Android, IOS and web Interface.

6
Q4 2019
Launch of Beta mobile apps, Start of Design and development of IOT gateway modules.

7
Q1 2020
Launch of Alpha version for mobile apps, Development of IOT gateway modules, Prototype development and test implimentation.

8
Q4 2020
Integration of systems, Wallet backend, IOT analytics, Assembly of Parking Reading Consoles.

9
Q3 2021
Contract Negotiation with customers, Installation of Reading Consoles, End to End Testing of Consoles and application.

10
Q4 2022
Luanch of Phase 1- Product in Canada, North America, Instalation of reading consoles on parking loacations, roadshows and bussiness development.

11
Q2 2023
R & D center Canada, India. System improvements and setup of Architecture university. Start of Traffic updates console in PARKRES.

12
Q4 2023
Lauch of traffic update feature in PARKRES. Start of LPALMS platform development.

13
Q4 2024
Launch of LPALMS platform, to users. Performance tuning and infrastrucure upgrade for PARKRES platform. Roadshows and business devlopment events.

14
Q3 2025
R&D Center USA, Phillippines. Integration of Parkres apis into vehical GPS modules, Negotiation of contracts and licensing terms with car manufacturers.

AMOL MOZARKAR
AMOL MOZARKAR Chief Executive Officer and Co-Founder

KAVITA JANGAM
KAVITA JANGAM Business Development Manager and Co-Founder

ARVIND BETALA
ARVIND BETALA Chief Finance Officer

MARUTI THOTA
MARUTI THOTA Full Stack Developer

Amol Mozarkar
Amol Mozarkar
Blockchain Technology Advisor
Blockchain Solution Architect