NFT licenses

Photo by Umberto on Unsplash

I discussed the purpose of the NFT that drifted away from its original goal.

Misconceptions about the NFTs

NFT Repurpose

Luckily, a16z figured out a way to preserve the original intent of NFTs by implementing a digital license!

Let’s dive in to discover how it works!

“Can’t Be Evil” principle to NFT licenses

The original idea was borrowed from Creative Commons (CC). It allows creators to open up aspects of their copyrighted work to the public for sharing, remixing, and reuse beyond the default “all rights reserved” notice.

The license clearly explains what copyright can and allows sharing in the public space.

“Can’t Be Evil” licenses want to achieve the same goal in NFTs.

“Can’t Be Evil” licenses explicitly outline the buyer’s rights regarding the artwork for…