ELASTOS PIRATED ITS OFFICIAL WALLET "ELEPHANT " FROM THE POPULAR BREAD WALLET

ELASTOS in its white paper proudly declares "With Elastos we are inventing a new smart web 3.0 which will make piracy and censorship impossible".The founders boasted they were working on this project since early 2001. Well, then Elastos went on to copy [pirate] its blockchain code base from Ontology $ONT , saying they are not reinventing the wheel ,the original blockchain code is written by user tanziwen for EncoCoin $NKN . ONT or NKN has no association with Elastos . Elastos simply copied the code because it's opensource. This makes you wonder , "what the hell they been doin' for 19 years ?

Now Elastos official "Elephant Wallet" also turned out to be a fork of popular "Bread Wallet " which has over 2 million users in 170 countries .

                           

      Bread Wallet                                                             Elephant Wallet

Elastos admin "Michael S" proudly endorsing  Elephant Wallet because it's based off of Secure 

Bread Wallet

It's important to note that elastos raised $94 million in its ICO ,whereas Bread $BRD ICO raised only $ 20 million  . Bread team efficiently managed their  resources and produced a masterpiece of a wallet. Bread Wallet was featured in Wallstreet Journal , Bloomberg and Business Insider and is one of the most widely used wallet by cryptocurrency users.

Elastos squandered their ICO money and shamelessly copied their wallet code from much smaller project .Elastos is all HYPE and no substance. The founders Rong Chen and Feng han paid themselves 100's of BTC from ICO fund in "Management Fees" and flew around the world giving seminars on investors dime . 

Elastos has already failed .All those who are invested in this project are in huge loss except the founders . ELA token lost more than 90% of its value from ATH and haven't recovered . Elastos Offices in US and Singapore had been shut down permanently due to lawsuit filed by investors . We are still waiting for that final nail that seals the elastos coffin once and for all.