1-2-3 Parkplatzfrei is a legitimate, functioning German startup offering parking reservations via app and IoT barriers. External verification confirms ~26,000+ downloads and active operations in cities like Karlsruhe and at airports. However, the submission itself contains significant inaccuracies and hyperbolic claims (e.g., claiming 'most people have used my product' and 'Audience Reach: everyone'). While the technology (smart parking locks) and business model are valid, the poor quality of the submission and false traction claims heavily penalized the score. The revenue figure ('marketcap: 500000') is mislabeled and likely refers to valuation or funding.
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