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With web3 innovations testing the limits of traditional legal frameworks, “it’s time for a new set of licenses, designed specifically for non-fungible tokens, or NFTs,” write Miles Jennings and Chris Dixon.
So, a16z crypto is releasing six “free, public ‘Can’t Be Evil’ licenses, designed specifically for NFTs and inspired by the work of Creative Commons.”
According to the announcement, the licenses serve three goals:
- To help NFT creators protect (or release) their intellectual property (IP) rights
- To grant NFT holders a baseline of rights that are irrevocable, enforceable, and easy to understand
- To help creators, holders, and their communities unleash the creative and economic potential of their projects with a clear understanding of the IP framework in which they can work
The licenses themselves are released under the CC0 agreement and are available on GitHub.
See also:
How to Apply a License to Your Open Source Project
Open Source Software Licensing
The Environmental Costs of Cryptocurrency
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