In this chapter, we learn that the old lady in the sky is the same as the old woman in fairy tail. The old woman is called "Grandeeney" because she is the ancestor of all the dragons. She is also the same age as the young man in the fairy tail, who is named "fairy tail" because he is the son of a fairy. The young man tells us that he has never met his mother, but he has spoken with the "sky dragon" about how to become stronger. He says that the "book of magic" that Grandeeney left for him was a book of "magic" that he wrote exactly like the book of magic the sky dragon gave him. He thanks his father for giving him the book, and tells him that he is back. He tells his father that everyone is arguing about whether or not they should enter the upcoming tournament. He adds that the tournament is free, and that he will learn the magic he got from his father. The tournament will start in three months.