A16z proposes a set of licenses especially for NFTs, based on Creative Commons model
2022.09.01 01:34
A16z proposes a set of licenses especially for NFTs, based on Creative Commons model
Venture capital firm Andreessen Horowitz (A16z) announced Wednesday that it had devised a set of six licenses tailored to nonfungible tokens (NFTs) that are based on the model pioneered by Creative Commons. Like Creative Commons licenses, there is a range of rights available through a variety of the proposed NFT licenses, titled Can’t Be Evil licenses.
In a blog post, A16z general counsel Miles Jennings and general partner Chris Dixon wrote that, while some NFT creators use Creative Commons licenses and others customize their terms, many NFT projects have no licenses or poorly drafted licenses, leading to copyright and other legal issues. NFT buyers, they added, usually have no idea what rights they receive with their NFTs.
