EarthBIICO EarthBi is working to protect the planet with a new bioplastic material made using patented and innovative production processes. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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Technical details
EarthBi® plastic can be used without having to change existing production lines and it is possible to print complex and detailed plastic products, such as bottle caps.Biopolymers can be processed in normal petrochemical plastics processing plants without having to make special modifications to existing structures.The biopolymer can be used in the industrial sectors of packaging, automotive, transport, construction, beverage, biomedical applications, cosmetics, pharmaceuticals.The basic element from which EarthBi® bioplasticsderive is the: PLA - Polylactic acid - Patented
What is EarthBI
The EarthBi project
The EarthBi project, unique in the world, has been designed in a completely revolutionary way.
It combines the virtual world - through the creation of a special token utility for the "green" sector called "ERA" - the production of polymers with characteristics of high biodegradability and quality and wide use. The project, in essence, is aimed at the diffusion of innovative biopolymers, generated thanks to proprietary industrial property rights (patents and know-how). The ERA token utility will allow buyers to obtain significant amount of raw materials or discounts (equal to 30% of the average market price of BVW) on the raw material and finished products made of bioplastic. ERA can be purchased and exchanged through special portals.
The EarthBi project will also have use of the full traceability of the production chain thanks to the use of blockchain technology in order to guarantee customers and consumers the qualities and characteristics declared. The availability of EarthBi piopolymers at full capacity will be approximately 60,000 tons per year. The project, as the start and implementation of biopolymer production, will be achieved thanks to the use of equity and debt.
The EarthBi project, unique in the world, has been designed in a completely revolutionary way. It combines the virtual world - through the creation of a special token utility for the "green" sector called "ERA" - the production of biopolymers with characteristics of high biodegradability and quality and wide use. The ERA token utility will allow buyers to obtain very significant amount of raw materials or discounts (equal to 30% of the average market price) on the raw material and finished products made of bioplastic. At first, ERA can be purchased by BVW - at a constant price of € 1.37 if the seller is EarthBi.
The EarthBi project will also have full traceability of the production chain thanks to the use of blockchain technology, in order to guarantee the declared qualities and characteristics to customers and consumers.
The EarthBi biopolymers' availability will be around 60,000 tonnes per year. The project will be realized through the use of equity and debt. The project is promoted by Valore Holding Group S.r.l. (“VHG”), a company incorporated under Italian law, a holding company founded by a limited company structure. VHG has set up a subsidiary company, Bio Valore World S.p.A. Benefit Company, under Italian law, for the launch and development of the EarthBi project which, in turn, has set up or will constitute a series of subsidiaries, dedicated to the management of individual production plants.
The potential of the bioplastic market is enormous: currently the main market is Europe, with a consumption of bioplastics in 2017 equal to 2.05 million tons, of which 42.9% biobased and biodegradable. Of these quantities, 58% is now used in the Packaging sector. The sector's development forecasts indicate that, over five years, production will grow to 2.44 million tonnes, an increase of 19%.
If you look at the world market, the situation is even more interesting: with 4.1 million tons of production capacity in 2016, bioplastics represent about 1.7% of the world polymer market and the estimates are of a growth , compared to today (2018), of almost 30% in the next three years.
Bioplastics can be used in many industrial sectors, such as packaging, automotive, transport, construction, beverage, biomedical, pharma, cosmetics etc., where they replace traditional polluting plastics such as polypropylene, polyethylene, polycarbonate and polyester. The EarthBi bioplastic has characteristics that give it a consistent competitive advantage over similar products, as it is a 100% biobased and biodegradable bioplymer.. In fact, the production process takes place through the use of renewable raw materials and does not need pure materials. The final product can be used in plants dedicated to traditional plastic processing, without these having to be modified, and is particularly suitable for injection and extrusion production processes. With regard to the end of life, the products made with EarthBi bioplastic are not only biodegradable, but the process takes place extremely quickly compared to other plastics. TAll this also thanks to the patents and know-how owned by the VHG Group which will be used to improve the product and the production process.
The development and implementation of the EarthBi bioplastic production will soon be launched in a first plant, located in Italy, initially equipped with a single production line, active in 4-5 months by the project start-up. This capacity will be further expanded over the next 10-12 months.
Simultaneously with this last phase, the construction sites will start for the construction of the other production plants located in Europe, with a time forecast for the production of 28-32 months, all thanks to equity and debt.
DetailsPre-sales: Nov 01, 2018 - Nov 30, 2018Public sales: Apr 08, 2019 - Jul 07, 2019 Token supply: 955,000,000 ERA Total tokens for sale: 760,000,000 ERA Hard cap: 48,000,000 USD LegalBlockchain Platform: EthereumCountry limitations: United States Registration country: Italy | Token infoTicker: ERAType: Utility-token Token standard: ERC20 Token price in USD: 1 ERA = 1.56 USD Accepted currencies: EUR, ETH Bonus program: No bonus Token distribution: 79.58% - ERA token destined for the market 20.42% - ERA token that remain bundled with BVM Funds allocation: - 85%, to cover the direct production costs of EarthBi bioplastics; - 12%, to the Research and Development of the EarthBi product, - 3%, will be donated to projects aimed at environmental protection and eco-sustainability. |
EarthBI Roadmap
Public sale ERA
Start of construction of a bioplastic plant in Italy
Start of production of bioplastics in Italy
Start of construction of other bioplastics plant in Europe
European production of EarthBi bioplastics
Construction of an additional EarthBi bioplastic production plant in Europe
EarthBi European bioplastic production launched in 2020
EarthBi bioplastic production at full capacity for a minimum quantity of 60 thousand tons/year