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Foundation's Mission and NFT Creation

Digital Asset Management Foundation's mission is to protect and pass on to future generations the world's traditional skills, techniques, art and other assets through the use of NFT.

NFT is token that can be used to prove ownership of various assets ranging from works of art and music to real estate, and are resistant to tampering and fabrication because they use blockchain to manage information related to ownership.

In particular, it is important to preserve the value of physical assets such as valuable cultural properties, works of art, and real estate. To this end, we have established a foundation as a repository for physical assets and are working on the principle of protecting assets with traditional values by utilizing the characteristics of NFT.

The following items will be converted to NFT by the Foundation in the future.

1. art works and collections
2. real estate usage rights
3. project finance

The purpose of storing each as an NFT is as follows

1. art works and collections: to provide detailed and unchanging information on provenance and storage conditions, and to guarantee and record their value
2. real estate use rights: proof and record of rent rolls, appraised value, lifetime history, and purchase price
3. project finance: provision of credibility of log information, including IoT, and proof and record of end-to-end history

The Foundation's activities in the future will expand day by day.