Parkres — Decentralized Parking Reservation System

PARKRES ICO
2 min readMay 22, 2018

TORONTO, CANADA — Toronto based fintech startup Parkres announced today that its ecosystem — which let’s users find and reserve a parking spot anytime anywhere — has now launched globally. They also announced the private sale to start on May 1st, which has 70% bonus for early investors and 15% bonus during pre-ITO sale phase.

PARKRES is the all-in-one parking solution, bridging the gap between cryptocurrency and parking system. On parkres platform users will be able to find and reserve the parking spot anywhere anytime, pay from their mobile wallet using either fiat (AUD, USD, etc.) or cryptocurrency (BTC, ETH, etc.) and even with Parkres tokens (PARK) with discounted rates, find traffic updates to their parking spot, manage parking bookings, register their parking space on the parkers ecosystem to make money. Parkres is having its ITO in 2018, where it will be revolutionizing the way consumers search parking and uses parking system today.

The Parkres app makes it very quick and simple to find and reserve a parking spot near any destination or any remote location for a required timeslot. Apps will be available free for download over IOS and Android, and a web interface will be available as well. Setup takes less than five minutes to create user profiles and PARK token wallet is embedded within the app. Parkres is not just an app but an entire ecosystem. Mobile apps are only a part of it.

The Parkres system solves several critical pain points that exists in present parking…

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