Parking Reservation System


Start: 2018-11-01 | End: 2018-11-30

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 ERC- 20 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. PARKRES system is reinventing the parking industry. On PARKRES platform users will be able to register or list their own free/open parking spaces, garages to rent out and make money from it. It will revolutionize the private parking rental industry, and provide user means to capitalize on their empty and unused space. 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. The system also allows making payments by FIAT currencies and credit cards if the user chooses to do so over digital currencies.


Amol Mozarkar

Chief Executive Officer and Co-Founder

Kavita Jangam

Business Development Manager and Co-Founder

Arvind Betala

Chief Finance Officer

Maruti Thota

Full Stack Developer

Robinson Rengraj

Blockchain Developer

Jincy Johnson

Community Manager

Matthew Taylor

Patent and Copyright Advisor

Mike Bishop

Legal Advisor

Chintan Thakkar

Strategy and Business Devlopment Advisor

Berry Buter


Mark Borsten


Miikka Saloseutu

Business Strategy Advisor

Thomas Goslee

Advisor - Blockchain


Alex Adrian

This Idea does not solve any real problem like there is not that much need for this kind of platform but still you have to give credit to the idea for being unique, connecting the blockchain technology to the parking system is yes a good idea. The significance of its token is not that much so that might not work. The business structure that is planned seems really interesting. But surely this platform cannot work in most of the developing countries, there is not a big need for this kind so system. The number of tokens issued for sale is a fair bit of number. But I think the pricing should be improved it is not the best price for the type of user they are targeting. Fair enough the roadmap of the company. It has a young company and the team is young as well, they should add more experienced members to their team in the coming future. The advisory board is experienced though.

Rated on 2018-10-25

ICO Milestones

Q3 2025

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

Q4 2024

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

Q4 2023

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

Q2 2023

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

Q4 2022

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

Q3 2021

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

Q4 2020

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

Q1 2020

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

Q4 2019

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

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.

Q4 2018

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

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.

Q2 2018

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

Q1 2018

Assembling the co-founding team and developing initial idea.