Elastic ESC is similar to Amplforth AMPL, a rebase token. Unlike Ampler where they have a set time of 7 PM PST for their daily rebase, ours have a random rebase mechanism every 24 hours with no set time in order to avoid bad actorsShow more [+] manipulating the price right before or after rebase.
We are an ERC20 token on Ethereum.
Unlike AMPL which is VC funded with a top down approach to adoption. Elastic did do an ICO, we take on a bottom up approach to adoption.