Hello, I’m Naoki Saito. Everyone has an incident. This is the picture I attracted. This photo sell off about 6,000, 000 yen. Some of you may have learned about this from internet news. To be exact, it sold for 13.69 ETH. This is no longer the money we hear very frequently. This painting was purchased by an overseas investor identified DAOWO. Thank you very much, DAOWO. ETH is a virtual currency. NFT MARKET business in this virtual currency. I exhibited this illustration there. The busines for this painting was completed at 13.69 EST, or about 6000000 yen. What is NFT? I envision many beings think so, so I’ll explain it briefly. NFT is an abbreviation for NON-FUN GIBLE TOKEN. It uses the blockchain to manage the data. Some people may find it difficult to understand this.Simply give, this is a mechanism that does not change the task. Digital slogs that can be published within that organisation are announced NFTs. I sold this work as an NFT. Some parties may not believe that a picture expenses 6,000, 000 yen. But this is a reality. Approximately 5,000, 000 yen, minus rewards, was transferred to my chronicle the working day. It was deposited that day. This is amazing. Some would think this is a big profit story. This is no longer such a simple story. I was very confused about liberating this video now. I will tell you the reason now. Everyone, let’s get started with NFT! I don’t want to say that. NFT is still a developing field. It is an undeveloped world with no guarantees for the future. In a nutshell, it’s all at your own risk. In some clients, “its not” unlikely that you will be panicked. I demand everyone to understand that premise and watch this video.I have three things I would like to convey to everyone this time. First: About the useful levels of NFT. Second: About the disadvantages of NFT. Third: Why I started NFT. From now on I will start talking. About the useful stations of NFT. Potential for huge events. My painting was bought at NFT for a high price of 13.69 ET, or 6000000 yen. In fact, 6,000, 000 yen is not a great thing in the NFT world.This work is an example. This is a work announced CRYPTO PUNK S7 610. Simply applied, this is a picture that everyone can describe. It sell off 49.5 EH, or 17,000, 000 yen. This is a crazy world. It takes time to explain why the transaction is overpriced. I will explain it at another time. Simply situated, NFTs are a lot of money moving business. My job was bought for 6,000, 000 yen in a nature like this. There is a reason why big money moves with NFTs. I anticipate the main reason for this is the presence of overseas investors. There, we can get paintings not only from Japan but also from overseas.Therefore, there is a possibility of unbelievably high-pitched event in Japan. This is one of the advantages of the NFT market. However, there is such a theory. Many beings are of the view that high prices in NFTs are like a bubble. The bubble-like situation is coming to an death. There are also such parties. Nonetheless, the market size is still showing signs of expansion. I consider the whole industry is a growing industry. It will lead to a big prospect for the future if the craftsman carries himself there. I think the creator can expect a huge advantage. Sustainable royalties. That is a matter. What do you think when you hear “resale”? Some would say that those who reflexively resell are the worst. Resale is welcome in the NFT world. You were surprised, right? There is a reason for that. In NFT, this happens not only when the work is firstly sold, but likewise when it is resold afterwards. The those individuals who made the run will receive royalties for each resale. For example, suppose your work first sell off 100,000 yen.Suppose that person sells the picture for 1,000, 000 yen. Usually, simply members of the public who sells it , not the author, makes a profit. The scribe will be very disappointed. But NFT allows the author to first prepared the SHARE rate to something like 10%. Resale devotes the author 10% of 1,000, 000 yen, or 100,000 yen. The more resold, the more money the author gets. This is one of the reasons why NFTs are so useful to authors. But I have to say this additionally. Now the other party can change the platform on the way. For example, busines A has royalties. You can sell the NFTs you bought there in a market where royalties do not occur. The event will not generate royalties. In that case, royalties may not be generated in the middle. It seems that the specifications of ETHEREUM are currently under consideration to make up for this shortcoming. However, this is uncertain, so be careful. NFT cannot simulate appraise. This is quite important, so please listen carefully. NFT cannot emulate the value of a job. So it is said to be very beneficial for developers. Can I facsimile digital acts as well? Some people may say this. Duplication is possible. It is likewise possible to directory the replica.So it’s not a mechanism to completely protect the copyright itself. Nonetheless, the source of the work is in a situation that anyone can see. It’s a nature where anyone can judge that it’s a fake if you examine carefully. I liken it in an easy-to-understand way. Let’s assume you have a perfect copy of MONA LISA here. This is an elaborate fake that gazes and feels like the real thing. In the real world, it’s hard for even a professional to tell if this is real or fake. In the NFT world, anyone can easily tell if it’s genuine or fake.Anyone can see the clear autobiography of the work in the epitome segment. If MONA LISA is on sale, you can see the summing-up section. Let’s assume that the first vendor was written as MEEGEREN. MONA LISA is a job of DA VINCI. It is incorrect that the seller is not DA VINCI. In this acces, anyone can distinguish with NFT. Not being able to copy necessitates this. Counterfeit commodities have no legitimate value. This also needs attention. Unfortunately, there appears to be many people who understand that and copy the project. If person buys it by mistake, you will make a profit.That person may be aiming for it. It seems that there are many cases where the work of another person is falsely registered as one’s own part. But if you gaze carefully, you won’t be clowned. It’s unlikely that a drudgery that everyone knows is a forgery will be worth it. Nonetheless, you can be inadvertently cheated. It is possible that your likenes will be followed and rolled. I think this needs attention. About the drawbacks of NFT. Possibility of Blow up. I will talk about the weakness of NFTs. NFTs have both advantages and impediments. I will explain it. The first is the risk of Blow up. I wrote in TWITTER to sell NFTs and it Blow up. The reasonablenes is NFT’s philosophy of environmental destroyer. The person who proposes this theory says: A technology announced blockchain is used to issue NFTs. The blockchain planning process requires a huge amount of power. The implement of that energy promotes carbon dioxide radiations. This is environmental demolition! There are many people who think that way, specially overseas. When I said I would affiliate an NFT, I came so many evaluations. I have no objection to that.I reckon all fiscal task is related to carbon dioxide releases. Considering the environmental issues, I think that not only NFT but also virtual monies should be stopped. In that case, NFTs should also stop using smartphones to write “environmental destruction”. I think it’s better for countries around the world to stop flying and driving. That’s not a mistake. But it’s a matter of personal imagine. There are people who think about the future of the earth and do not use virtual money, autoes or smartphones. I’m not fooling them. I respect that idea. The current situation is that the freedom of the craftsman is threatened. I am behaving with the desire to improve this human rights issue. I also want this my idea to be respected. I don’t think this discussion is endless. So I will avoid mentioning this anymore. People with a large number of admirers may announce their participation in NFTs. They can be attacked more than you can imagine. It is necessary to think about the letter. I think this is a big disadvantage for some people. The detriment of NFT is that it is difficult to handle virtual currencies.There was this wall when I decided to start an NFT. I actually didn’t understand anything. I’m still studying it. You need virtual currency to start NFT. To administer virtual monies, there is a requirement to an account on the virtual currency exchange. Lotion is required to use the ETHEREUM blockchain. It is a APPLICATION for managing cryptocurrencies. It’s WALLET APPLICATION. Did you understand this far? I think that countless beings do not understand this and give up. I say something even harder. There is no guarantee in the world countries of cryptocurrencies. You may move 1000000 yen to the wrong address. What will happen to that coin? It disappears. No one guarantees your coin. What if you get paid by a scammer? That money will disappear.No one will get your money back from the scammers. You may lose the key to the WALLET APPLICATION that controls your fund. All your coin will disappear. No one learns you that again. This is very risky. Imagine that and cryptocurrencies need to get started. This is a very scary world. There is a listing fee to roll NFTs after enrollment. This is like an issuance cost. This depends on the time of listing. This depends on the platform on which the work is presented. It typically expenditure between 10,000 and 20,000 yen. This seems to cost money for each cultivate, or for each collecting, that is, a accumulation of cultivates. This reduces the risk of listing weird things. So this may be useful. However, I can’t feel free to list.So this is a disadvantage. Hindrances of NFT. There are quite a lot of swindles. The final impediment is fraud. This is not limited to NFT. Where coin and parties gather, bad people who try to make money by use it ever come. So there are so many scammers in NFTs. I received this email within 30 times of my work being sold. I’m OOO, an NFT risk management consultant. I recommend you to rename ETHEREUM ADDRESS. ETHEREUM ADDRESS can be renamed at will.I went NAOKI SAITO.EH on your behalf peculiarly for you. You can buy this for 0.3 ETH or 130,000 yen. You can use this for a year. You can use this address forever if you pay the renewal fee after a year. Please take advantage of this wonderful opportunity. sorry. My statements are very tight, but let me tell you. This person is really the worst and worst person. NFT is a world where the same address cannot be used. This person took the address of my reputation. The person tried to sell it to me for 130,000 yen. Besides, the person is trying to get an annual rehabilitation fee. This person is too dreadful. There are many such bad people in NFT. This may be an increasing number of scams. This may already are plenty of swindles. It is a proxy listing. NFTs are embarrassing, so let me know. Some people will think so. I can understand the desire to have someone else take care of the complicated procedure. I can support this. Anyone or corporation that proposes a proxy listing is a scammer. Don’t listen to them.Various other fraudulent impairments are expected. This is also a detriment of NFT. I have to say that you need to be very careful to enter this world-wide. Why did Naoki Saito start NFT? Many parties have heard this and thought that NFTs are a beneficial but risky macrocosm. That taste is not wrong at all. I wrote in TWITTER that I will sell NFT. I received a message of support. At the same time, I received numerous messages that obsessed me. I’m glad you worried about him me. But I still decided to do NFT. There is a reason why I decided to participate in such a world-wide. I mentioned this earlier in the text. I will say it again now.This is why I decided to dive into the world of NFTs. I anticipated NFT art would be a big help. It is to realize a nature where all artists can express themselves. I see the world countries of face needs dreams. Great idioms impress many beings. I want it to be justified and ameliorate the life of the author. Simply employed, this is money. Great faces should be paid for. I was just thinking. If everyone shares that dream, the world will be filled with wonderful formulations. I guess NFT will lead to the realization of such a macrocosm. But the real world isn’t right now. The punch content becomes a hot topic.Illustrators and animators actually formed the contents. Also, cartoonists and many other masters actually composed the contents. In fact, their stipend is so cheap. They are forced to work hard long hours. Exclusively such information is available these days. There is something more disappointing than that. The creator accepts the situation as unavoidable. I don’t think they can do anything about it. They accept this situation. I wasn’t firmly convinced of the status quo. This may flunk, but I connected the NFT. I crave everyone to make amazing money and show it to everyone at NFT. And I want to show it to everyone clearly. With that I want to justify the master making money with the show. And I demand people who see me to think like this. Naoki Saito has said and done. So I will be allowed to do that too. I require everyone to have such a dream. I was happy to write to TWITTER that I earned 6,000, 000 yen with NFT. Some beings may have been angry and troublesome at me when they encountered it. If there is such a person, I frankly apologize to that person.I’m sorry to induce “youre feeling” disagreeable. My TWITTER had this kind of supposed in mind. Of direction, fund is not everything for face. Nonetheless, fund is also important to continue expressing. A world like this cannot be realized without stirring enough money. It is a world where all creators express themselves. I was just thinking. I also have a lack of study. So I sometimes miscarry. There may be some blunders in this video. I repute I too need to devise and be enhanced my coming. But I dare to challenge this nature. I want to help recognize a macrocosm where all masters can express themselves. So I decided to participate in NFT art.I’m glad that many people who love expression understand this. That’s what I wanted to convey today. How was this? As I have said many times, NFTs are a world of self-responsibility. NFTs are useful, but they often require attention. I don’t recommend this to everyone. Ignore what I said today. Think of it for yourself. Do you do NFT? Or do you not get it on? Do you accompany developments in the situation now? I want you to judge it yourself.I hope this video will be useful to all the artists. See you in the next video. Bye bye ..