W12
1 min readOct 3, 2018

W12.io| Smart Contracts & Parkres Collaboration

Hello Friends!

W12 Team would like to present Parkres project that will launch its Token Sale on our platform in October.

The Problem Parking is a frustrating process, especially in downtown and city center location. Finding a free parking spot is so challenging with day by day increase in the demand for vehicles and parking spots. Our present infrastructure is unable to re­establish the balance of demand vs supply in this ecosystem. Also, there is very little what authorities can do to solve this evergrowing problem.

PARKRES is the all­in­one parking solution, bridging the gap between cryptocurrency, blockchain and parking system. On Parkres platform users will be able to find and reserve 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 parkres ecosystem to make money like parking Airbnb. The Parkres system solves several critical pain points that exist in present parking system — as it provides user­centric design, monitored and controlled parking spots, ease of payment with just a flash/tap, solves traffic problems and ecosystem friendly, saves loss of fuel, saves lots of time and avoids traffic congestion thereby helping the consumers, providers and authorities alike.

✔️Project on the W12 platform:

https://w12.io/project-card/parkres/

👉 Please find a detailed presentation here: http://clc.to/V6FnpQ

👉 Project’s video: https://www.youtube.com/watch?v=LjXkAoQo4J0