A16z offers a set of licenses specifically for NFTs, based on the Creative Commons model

The six license models designed by venture capital firm Andreessen Horowitz are irrevocable and changeable, and give creators the power to define five variables for the future use of their works.

Venture capital firm Andreessen Horowitz (A16z) announced on Wednesday that it has designed a set of six Non-Fungible Token (NFT)-friendly licenses based on the model launched by Creative Commons. Like Creative Commons licenses, there is a range of rights available through a variety of NFT licenses on offer, 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 are unlicensed or have poorly written licenses, leading to copyright and other legal issues. NFT buyers, they added, generally have no idea what rights they are receiving with their NFTs.

1/ Today we are excited to launch a "Can't be Evil" open source NFT license list. These licenses are designed specifically for NFTs and were inspired by over 20 years of Creative Commons work. https://t.co/HodHFRvAuH

The new set of licenses has the following objectives:

"(1) to help creators of NFTs protect (or release) their intellectual property (IP) rights; (2) grant NFT holders an irrevocable, enforceable, and easy-to-understand basis of rights; and ( 3) help creators, owners and their communities unlock the creative and economic potential of their projects with a clear understanding of the IP framework within which they can work."

Licenses are also intended to make creators responsible for using third-party material without permission.

Licenses are coming...