ContentFi Unveils World’s First Easy-to-Use NFT Licensing Solution with a16z “Can’t Be Evil” Licenses
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The Can’t Be Evil License Toolkit (CBE License Toolkit) aims to simplify the IP licensing procedure and lower the entry barrier to the NFT ecosystem.
MENLO PARK, USA, Dec. 27, 2022 /EINPresswire.com/ — ContentFi, a community-owned web3 startup, announced the Can’t Be Evil License Toolkit. Can’t Be Evil License Toolkit (CBE License Toolkit) aims to simplify the IP licensing procedure and lower the entry barrier to the NFT ecosystem with an open approach experience for launching, viewing and licensing rights control as the world’s first easy-to-use NFT licensing solution based on a16z “Can’t Be Evil” licenses.
“The CBE Toolkit was inspired by a16z’s open source “Can’t Be Evil” NFT license, which codifies the rights of NFT producers, buyers and sellers so that all parties are aware of the rights associated with NFT ownership. It shares NFT projects into six categories based on whether the author waived copyright, whether the token holder has exclusive, non-exclusive commercial rights, or only personal use rights, and whether it can be revoked if misused.” said Yami Sun, co-founder of ContentFi. “We have incorporated this licensing framework into our toolkit, which will make it easy for users to specify their ownership rights for NFT projects and has been practically adopted to make border controls easier when users perform various actions such as making derivative collections, issuing licenses, and so on.”
The Can’t Be Evil License Toolkit
The CBE License Toolkit helps creators with zero smart contract knowledge develop and create their NFT collection. ContentFi offers an easy-to-use dashboard for managing NFT collections. With this dashboard, creators can customize their licensing rights and launch their NFTs. By confirming the license rights, the creator/owner of an NFT collection or token with commercial usage rights can sublicense other manufacturers or service providers to construct derivative NFT collections without giving up control of the assets.
The toolkit also includes a section where creators can showcase their collections after launch. In addition, NFT participants can check their license rights by simply entering the smart contract address. NFT players can now find out what rights are attached to their NFT projects anywhere and anytime.
Also, creators will be invited to join ContentFi’s web3 community with other creators after launching the NFT project on the CBE Tool Kit platform. Group members will act as contributors sharing insights, product upgrades and the latest NFT trends.
The ContentFi Team
ContentFi
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