CNP Roadshow 09/25: Check to Earn Program

27/09/202328/09/2023

Radio

Check to Earn

I heard that 95% of the value of the NFT is gone.
Maybe the word “worthless” refers to the fact that they are no longer liquid.
There are many ways to think about it.
People who wanted to speculate may have been more interested in making a profit by selling than in making any meaning by buying it.
Looking at NFTs in terms of leaving profits from speculative buying and selling is becoming less and less common in Japan
That in itself is an area that the management has no control over.
It is more important to develop our own collection into an attractive NFT collection and to build our own strength as a project.
We have been working hard for more than a year since the release of the NFT collection to create a situation in which all the members have NFT collections that have value.
It is not encouraging that prices are determined only by the balance between those who want to buy and those who want to sell
CNP does not live only in the balance of supply and demand
The project CNP is already a real world asset
It already exists as a real value and we are all holding that value
I can’t wait to get out of the discussion about the dimension of whether the NFT has value or not
I appreciate that value is riding on it, but it’s a tough situation when we move forward with an eye on something we can’t control
There will be nothing left to do but inflate the market.
This project, CNP, has been going forward with a conscious effort to be recognized as something that has value in the middle.

There are many people who have a lot to say about the NFT.
In response to this, we are building up a body of established facts that we have actually been able to prove.
If we continue to make progress little by little in this way, the eyes of those around us will change.
Value at the center
It’s not about the money, but making sure that everyone can see the value that is being created.

There are new measures that we are working on with lawyers and the Financial Services Agency through our lawyers to make sure there are no problems
It’s a measure called C to E.
C to E stands for Check to Earn.
When various companies use CNP as a product, there is no system in place to check it.
We do not yet have a system in place to manage the characters.
We are thinking of outsourcing that work to a CNP holder.
We are planning to create a system in which we will pay them a fee for the checks they perform.
If CNP grows properly as an IP business, in other words, as a character business, it will be possible to make licensing agreements with companies that want to use the characters, and the companies will pay us.
The more people know about the characters and the more people want them, the more commercialization will be possible.
To use a CNP character, you need to get a check from the holder of the character or get a proposal from them.
In this way, the holder itself can benefit from the spread of the character’s recognition.
The check work can only be done for the CNP character you own.
In this way, you can enjoy the idea that it is more profitable to have more characters, and also enjoy the idea of what kind of characters it would be good to be the owner of.

We will proceed as a project named C to E program
The rewards will be stored in your account with ETH, and at some point you will be able to move them together to your own wallet.
We will make it like that!

Now we need to make CNP more active, spread awareness, and get all the CNP characters to do their best!
We needed confirmation on whether this would pay dividends or not.
CNP is not a security, so we can’t legally give out dividends
In such a situation, we are going ahead with the request to work exclusively with CNP holders.
It is difficult in many ways, but we will proceed with detailed confirmation.

What is the value of NFT?
This C to E program is not the value of NFT.
This is the value of the CNP project.
I don’t think it makes sense to talk about the value of NFT now.
Please look forward to hearing more about the C to E program!