NFT Licences That "Can't Be Evil": Are They Any Good?

Licences connected to Non-Fungible Tokens (NFTs) are still far from being the norm. As a result, most NFTs still do not convey sufficient or appropriate IP rights to their underlying content. Moreover, they have to deal with practical difficulties inherent to the nature of NFTs. The need for licences tailored to the NFT market is therefore evident.

To overcome the practical difficulties and tackle these issues, publicly available NFT licence systems have emerged. But are they any good?

In the past few years, we have seen NFTs become a mainstream phenomenon. Even if the hype has calmed down a bit, we can expect that NFTs are here to stay. After all, new NFT projects continue to emerge seemingly every day and the dawn of Web3 and its metaverse pave the way for many more creative possibilities and opportunities for NFTs.