Parkres ICO (PRS)

Parking Reservation System

PARKRES is the all-in-one 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 (PRS) 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 use parking system.

Artificial Intelligence Big Data Business services Cryptocurrency Electronics Infrastructure Platform Smart Contract Software

by expert rating and reviews

15 days left
Token PRS
Platform Ethereum
Price 1 PRS = 0.5 USD
Country Canada
ICO Start Date 15 Aug 2018
ICO End Date 30 Nov 2018

About Parkres

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 capitalize on their empty and unused space.


Amol Mozarkar member of Parkres ICO
Amol Mozarkar
Chief Executive Officer and Co-Founder
Kavita Jangam member of Parkres ICO
Kavita Jangam
Business Development Manager and Co-Founder
Arvind Betala member of Parkres ICO
Arvind Betala
Chief Finance Officer
Maruti Thota member of Parkres ICO
Maruti Thota
Full Stack Developer
Jincy Johnson member of Parkres ICO
Jincy Johnson
Community Manager
Neel Mehta member of Parkres ICO
Neel Mehta
Business Strategy Advisor
Matthew Taylor member of Parkres ICO
Matthew Taylor
Patent and Copyright Advisor
Mike Bishop member of Parkres ICO
Mike Bishop
Legal Advisor


  • 1

    Q1 2018

    Assembling the co-founding team and developing initial idea.

  • 2

    Q2 2018

    Building Development and marketing team, Creating first draft of white paper, Launch of Private Sale for private investors.

  • 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.


Token Sale Info
Token PRS
Token Type ERC20
Platform Ethereum
Price in ICO 1 PRS = 0.5 USD
Tokens for Sale 85000000
Investment info
Accepting BTC, ETH
Distributed in ICO 47,5%

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