CNP Roadshow April 26th 【CNP Migration / CNP keeps changing to make it last】

27/04/2023

Radio 08:31

CNP Contract Migration

Trading volume	13ETH	World rank	96
FP	1.0977ETH

Preparations for the contract migration are moving steadily forward.
As you can see, OpenSea has already changed its image.

And also as we mentioned before, instead of the usual picture of the CNP character, it is a picture that informs that the contract migration will make the current CNP worthless!

We will update the contract on April 29th.
What this means is that we will update the contract with the exact same CNP that you have now and airdrop it to you.
And your current CNP will be worthless.

We are sure each person will have his/her own opinion on whether or not to migrate to the new contract.
In the end, we will have a holders-only vote and everyone will decide how to do it.

We think that all the holders of CNP are long-term thinking people.
They are trying to think of this project in a little more long-term perspective, rather than thinking of it as a short-term trade and making a profit.
We took a vote and 99.9% of them voted in favor of the contract migration.

Why Migrate Contracts?

1. to restore royalties
2. to strengthen anti-theft protection

99.9% of owners agree with this migration. This is remarkable. pic.twitter.com/3neEc4hOod
— 🍺 ikehaya@TVアニメ「クリプトニンジャ咲耶」 (@IHayato) April 25, 2023

Of course, there are disadvantages too.
In a situation like this, you’re going to have to compare the disadvantages with the advantages and see which is more important.

As for the details of the contract migration, as a project, there is the advantage that royalties will be restored.
But that means that the holder will have to pay royalties when they sell.

However, when we talk about the FP of CNP, the FP may be lower or go down the more you stay in a situation where you cannot get royalties.
Some people may feel it is a loss if they only look at the short term only that they will have to pay royalties when they didn’t have to pay royalties.

However, the fact that all the holders agreed to this contract from a long-term perspective, including the fact that the project will have financial strength by getting royalties and that we will be able to avoid a situation where FP is going down by making small transactions, is very much appreciated.

If you tried to do the same thing on another project and held a vote of the holders, would the results be the same as CNP’s?

We don’t believe it would be the same.

CNP holders think long term rather than short term.
They look at the overall best rather than the individual best.
As for CNP, we think we are very fortunate to have holders.

We believe that the projects of holders like us will lead the NFT.

The contract migration will take place on April 29th at around midnight Japan time.
We are also informing you of the schedule for each time zone, so please check it out.

The current CNP will become a valueless NFT due to the migration. Please cancel any offers to CNPs by the following time to prevent accidental purchases.#CNP holders will receive an airdrop of the new CNP. https://t.co/nXZTuBdcmk pic.twitter.com/CFd3RV1Vrg
— 【Official】CNP en | CryptoNinja Partners (@cnp_en) April 25, 2023

CNP is ready to start from scratch again for this contract migration.

It is not possible to carry over the number on the current CNP collection page at OpenSea, which is 12241 total volume, to the new CNP collection page.

konipu, who publishes the NFT rankings, told us that they will continue to display the records before the contract migration as well.
We are very happy.

gm☀️国内NFTランキングを更新しました（11位以下はサイトをご確認ください）

✅リプ欄は作品宣伝やGiveawayの告知など自由にご活用ください。 #NFT宣伝枠 pic.twitter.com/1BuiUkmw8I
— NFTランキングJP 🏆 konipu (@konipu_nft) April 26, 2023

We are very happy that this project is the result of 22,000 trades over the past year.
It is through these transactions that we have arrived at the current holder.
We would like to somehow keep that kind of track record as well.

That’s what makes CNP so special.

It was crazy to release 22222 CNPs at that time a year ago.
The people who got them then led to the people who have them now.

We want this story to remain somewhere, and we are very grateful that people like konipu are taking our thoughts into consideration.

The contract migration is a modest event, but the management is working hard to make it happen.
There are some big costs involved.

To give you an idea of how much it’s costing us, it’s costing us much more than the royalties we’ve gotten so far since OpenSea’s royalty rate went down to 0.5%.
The feeling is that it’s a collection, and we’re going to maintain it.

There is talk that NFT is about permanence, but the final form of NFT has not yet been decided.
Until the final form of the NFT is decided, we feel that we should continue to make changes.

CNP sees permanence in a different way.

It is not important to stay the same, but to continue to change in order to exist permanently.
One of the ideas is to have more and more characters.

BurNin’ (Reveal) was not a common idea.
It gets a lot of attention at the time of its release, but if it stays the same, it will be forgotten.

How can it be called permanence when it’s forgotten?

We thought of an idea that would keep people interested for a long time to come, and we came up with the idea of BurNin’.

We want to keep changing things to make it last forever.

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CNP Roadshow April 26th 【CNP Migration / CNP keeps changing to make it last】

Radio 08:31

CNP Contract Migration

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