/biz/ - Business & Finance

>>19503603
> They just joined the Interwork Alliance
Source?

Scam run by Sam Bacha, did an ICO spent all the funds then failed a second IEO and rebranded his trash project.

>>19503603
Delete this now please. I have not done accumulating this hidden gem.

https://twitter.com/freighttrustnet/status/1267844466766823424?s=21

>>19503676
You got time until the news start to catch up.

>>19503737
What's the market cap? Can't see circ. supply

>>19503642
Looking at the progress and how they are implementing the electronic data interchange, it looks good to me now. Don’t know anything about when they started. If it was a scam why would they apply for the customs license?

FAT SCAM SAM YOU ONLY GET TO SCAM BIZ ONCE.
IF YOU'VE SPENT ALL YOUR ARY MONEY ALREADY YOU NEED TO GO AND SCAM SOMEWHERE ELSE.
YOU ARE VERY NAUGHTY FAT SCAM SAM.

I bought a little bag but this thread is giving me second thoughts. More info on scammer?

>>19503934
He scammed biz with an atrocious piece of shit "freight blockchain" project called BlockArray in 2018. He literally concocted the scan on biz then came back and scammed people.
This is a shameless carbon copy of that scam. Similar logo, identical "use case", same fat Sam.

>>19503962
The InterWork Alliance retweeted it though:
https://twitter.com/FreightTrustNet/status/1267844466766823424

Hard to believe it's a scam

>>19504002
https://twitter.com/FreightTrustNet/status/1267844466766823424/retweets/without_comments

>>19504002
No it's really fucking easy to believe it's a scam, because it's a scam. Because that same fat fuck has bought a $10 logo and is doing the same thing again. Remember when BlockArray joined the "blockchain in transit alliance" or whatever? Now go and find BlockArray on coinmarketcap.

NAUGHTY
FAT
SCAM
SAM

>>19504033
Just did a quick search and yes you are right, they did rebrand from Blockarry but looks like they did a 1to1 swap so don’t know how thats a scam. Many projects have gone through rename and rebrading. The two major ones that comes to mind right now is NEO and VET.

>>19504183
I never got my tokens through the swap

not a scam, a legit rebranding. big players. big movements. this is the one.

Im in this project since forever, dont get fooled by the old token's performance during 2018, it was the start of bear market, and to be honest Sam made enough money to retire back then and he didnt, he sticked with the project cause he knows that he has something real to offer. If you dont trust him, then go and see who is he working with right now, there are definitely big names in there. Anyway, im giving perspective to whoever wants to listen. This is definitely not an average project with an average usecase, EDI transactions its what's coming, and Sam has the upper hand on everybody. Invest wisely peeps.

$2m mc Unibright pumped to $80m after joining Baseline protocol, lets see how this tiny $1m EDI does

>>19504183
and famous NANO too :)

>>19504033
it is not that Blockarray is abandoned, tokens were swapped to EDI, how can that be a scam?

What happened with Block Array?

Block Array was the original project, after some differences in how to deal with the approaches with the original protocol (i.e. legal recognition of our process) Freight Trust bought them out and moved from Chattanooga, TN to Los Angeles, CA and have since developed further. FT has a new team (contractors) and new advisors. Freight Trust is a new legal entity that acquired the IP from block array inc. Block Array inc, will be officially dissolved this year (2020) and its remaining liabilities discharged. Freight Trust is not Block Array, but does have the same founder (Sam Bacha).

Background on EDI Token

ARY was original token

BOL was swapped for ARY at 1:1

BOL was swapped to EDI for 1:1.35 (see RFC4) - the issue being how pricing works on a per kilobyte basis: EDI Transactions are priced per kilobyte at the rate determined by PEM. PEM is fixed at the same rate as defined in the ethereum yellow paper Designing Smart Contracts With Free Will (A2) - Philip Daian

>>19504033
I've been following this and I have looked in to the fud; I think there are fair criticisms to be made of how the CEO Sam does business. That being said, I do not consider this project a scam. I think Sam conducts himself in a brash and outspoken way and his personality can be very divisive. He runs the company twitter a little too much like his it is his personal twitter; he talks in the official tg like "bro fuck yeah check this shit out" *posts multiple pics of his guns. Now, on the other hand, his style of conduct can be compared to people like Trump or Mcafee who are popular for these very reasons. In fact, I had come to understand his outspoken criticism of something Wolpert said about baseline on twitter is what led to a healthy dialogue and eventually the two working together. Personally, I prefer a CEO style of a guy like Sergay; the complete opposite of outspoken but he makes the deals happen and lets the fans do the talking. There is a world where both leadership styles can prevail.
$EDI as a project has become attached to very important players in the scene and I think that is due in part to Sam hustling his way in to the right circles but he had to also hustle on the coding side for these people to align themselves with him. The EEA and the InterWork Alliance are smart people and not easily duped by scam projects. Say what you will about the personalities involved but the project is legit. I'm sure Sam will read this and hopefully will consider his every action is being highly scrutinized and it would behoove him to consider a cleaner and more professional approach to engaging the public going forward.

>>19504033
Don’t try to fud the legit project. If it was a scam, it wouldn’t be considered for baseline and inter chain alliance. I am slowly accumulating this and expected to make a Ubt style run!

>>19504246
You may messed up something dude, that doesn’t mean it is a scam. Contact the team and figure out what happened rather than creating unnecessary fud.

>>19504979
Which exchange? There is a huge spread on probit and idex, really bad liquidity

>>19504684
Based anon!!

>>19505022
Oof, trying way too hard here >>19503676
> Delete this, I'm accumulating
Proceeds to bump the thread multiple times

>>19505021
Idex now, but it will be listed in 3 more exchanges in q2, check their roadmap.

Would biz loot for profit if the chance of getting caught was very small?

>>19504684
this.
Sitting comfy with my bags.

>>19505032
You are creating fud and I am just responding. I have enough even if it takes off.

>>19505068
I did not fud a single time, I'm the anon who mentioned that InterWork Alliance retweeted EDI's tweet. You're just playing a strange game here, saying you're accumulating while bumping the thread multiple times.

>>19505051
/biz/ would loot if the odds of getting caught were 99%

>>19505090
Sorry anon, I thought you said it is scam. I am literally accumulating but I would be happy even if it takes off from now on.

Surprised EDI slipped through Biz & Twitter. All this FUD is bullshit and if you actually look into the project you'll see its solid. Sure Sam can be harsh but his a straight shooter and a hard worker. This will pump hard while everybody is not paying attention to it.

You stupid faggots should have chosen a project that wasn't run by someone who has already scammed biz as your pnd of the month.
Do some due diligence you absolute retards, and next time you come here to scam, dont pick a project by someone who HAS SCAMMED BIZ ALREADY.

FUCK INDIANS
FUCK FAT SCAM SAM

>>19503603
BlockArray exitscam: The Sequel

Fuck you retards for shilling this scam

>>19505624
>>19505634
I don't understand why this is a scam? ARY was swapped to EDI which is not uncommon, they are going to join the InterWork Alliance which has only 2 other crypto projects NEO and LINK

>>19505690
A dead 2018 scam coin was swapped to a new coin! How could that be a scam? Fuck you guys are hopeless this must be your first pnd.

>>19505714
So your argument is that since ARY performed poorly in the crypto bear market then this must be a scam even though they are going to be joining the same alliance that biz shilled hard when it happened for LINK?

>>19505624
Imagine falling for this weak fud and not accumulating while there's a chance

>>19505736
How did BlockArray joining the blockchain in transit alliance go? Do you think it's maybe a feature of fat scam Sam's scams that he joins organisations to give credibility to his scam projects.
HE LITERALLY CAME UP WITH THE IDEA OF THE BLOCKARRAY SCAM ON BIZ.
You have chosen the wrong project to pnd you fucking pajeet faggots.

>>19505853
Maybe you're right, I guess we'll see. The cap is very low and they're involved with big players, seems good enough for me

>>19505714
I bet you said the same thing for LINK when that json parsor stuff came out, you must have said the same thing for NEO when they rebranded from antshares, Unibright when cryptopia got hacked and so on. You must be the one buying Statera right now or must be accumulating EDI. You will buy it when all the youtubers load their pack just like UBT and starts shilling it.

>>19505853
What do you mean how did joining the BiTA go? It's a paid-for membership and they encourage startups to join to gain networking access to bigger players in the industry "helps startups find investors in capital". So they presented a tech demo and sales pitch along with many other start ups at the Freight Waves annual conference in 2018 (you can find this video on youtube.) It sounds like you bought in 2018 before the bear market hit and you incorrectly assumed (apparently without reading otherwise it's obvious) that joining the BiTA meant that Block Array/Freight Trust was "partnered" with all of those companies that are also members of the BiTA. As far as I can tell, they joined so they could pitch to investors. You pay an annual fee, get approval, and then you can present at their annual conference on a stage in front of fellow industry players. So again, you tell me how did it go? They now have the actual partnerships and the networking paid off. You come off like a naive "investor" that lost his money making bad calls in a bear market and you're incapable of understanding the implications of the alleged fud you're claiming. I'll wait here while you go google what the Blockchain in Transportation Alliance is and try to pretend you haven't falsely assumed they scammed you over a fake partnership for two years.

>>19506470
Hey Sam good to see you! I hope your second scam attempt crashes and burns and that you get arrested, you fucking fat piece of shit.

>>19507097
You told people to DYOR, something you clearly failed to do. I noticed you ignored literally everything I said because you either a) failed to read (once again) or b) know I'm right and how dumb you sound. Not Sam, not on the team, just a guy who bought a bag early because I researched the project and recognized the market performance potential. You are mad you took bad advice from shit you read on 4chan without thinking for yourself (2 years ago and are still mad about it) and you've learned nothing in that time and are now the one spreading false info on 4chan. The circle of brainlet completes itself. Stay mad and continue to fail at life for lacking the awareness to grasp the usefulness of reading comprehension.

>>19505853
You must be someone that must have literally bought blockarray at the top and are pissed that it crashed with the whole crypto market or that is seriously fudding to fill your bags. I understand it’s a scam if they had abandoned the project and started a new one to raise the money but they did a 1on1 swap. How is that a scam, can you explain?

>>19507487
I was literally in the thread where Sam brainstormed the BlockArray scam to himself, way, way back in the day.

>>19507097
>>19507785

Hey Alexander, how's the fuddiing coming along? you filled you're bags yet?

>>19507487
All that has been said here is that Blockarray REBRANDED the project to Freight Trust and did a 1to1 swap, that’s why it’s called a scam. Looking at their blog post, this confirms what you just said. Do you have any other arguments other than the swap to make it a scam? To me that sounds more like a FUD

Wow lot's of replies on an EDI thread, lot's retards trying to FUD to buy cheap when EDI will never see such low prices again
This shit's bullish af, never been so comfy holding EDI

>>19507785
You are really good at reading 4chan posts and apparently nothing else. You asked "how did the BiTA membership go?" as if to imply it was ever anything other than what I described above. Response? I'm starting to see a pattern here, let me guess you didn't read the above post (maybe you aren't so good at reading posts either)? Were there too many words in a row?
You're ngmi (as you haven't for at least the past 2 years) because you're stubbornly refusing to accept you were wrong about this project and have deluded yourself into believe the fud you created without even looking in to whether or not it was true. Saying you were in a thread two years ago that someone came up with the idea for a project (the same project; never changed) that's now a part of the Ethereum Enterprise Alliance, InterWork Alliance, and is making substantial contributions to the baseline protocol just proves the sheer tininess of your brain. You were able to sit by and watch this egg hatch and now it's finally a fully-fledged pterodactyl ready to fly away. You convinced yourself the EEA, IWA, Baseline devs, etc. are all wrong about this project and you're the only one smart enough to see it for what it is.