The Italian project EarthBi, which aims to reduce environmental pollution caused by plastic, announced its IEO. The crowdfunding will take place on Bitforex exchange on 22-23 and 26 of July 2019.

The project develops a new material: it is the certified biobased and biodegradable bioplastic.

EarthBi intends not to block the industrial production of plastic, but to transform the entire sector. For this aim, the project offers new biobased and biodegradable plastic material, which improves and expands its using capacity.

Thanks to a patent developed during a specific study carried out in collaboration with Italian scientists and universities, as well as using of PLA- Polylactic Acid, this biomaterial suitable for different production processes, even the most complicated ones.

The material is fully eco-friendly: after being used and reused, it can be reclaimed through the biodegradation process with zero environmental impact.

The bioplastic market is very prospective. The production cost of bioplastics is around $ 1.56 per kg, and the sale can reach well over $ 15 per kg!

During the private sale phase, EarthBi has already sold 9 million of ERA tokens. Currently, the project is ready to launch its next IEO stage.

ERA is the erc-20 utility token for the EarthBi ecosystem. After the IEO, ERA token will be available on additional exchange platforms or cryptocurrency exchanges.

At all, 955 million of ERA tokens will be distributed during phases of the crowdfunding. divided into phases. For the current year, through the IEO and Listing, 31 million tokens have been made available.

The sale of ERA tokens will take place on BitForex exchange during two rounds. The the first round is on 22nd and 23rd of July 2019 at 9 pm (GMT + 8), and the second one is on 26th of July 2019 from 9.00 am to 9 pm(GMT + 8) at $ 1.10 and $ 1.20 respectively.

ERA token trading will be available in the following days.

The EarthBi blockchain ecosystem gives benefits to customers, buyers, partners and, in general, to all the market players,  as well as to the project itself, thanks to its decentralized, public, open source,  model. The platform is based on complex mathematical algorithms that guarantee transparency and open attitude.