Miles Jennings, general counsel at a16z crypto, talks about its new “can’t be evil” NFT licenses and how they help to solve many problems within the NFT industry. Show highlights:

  • what “can’t be evil” NFT licenses are and what problems they solve
  • what can these licenses achieve for content creators
  • which are the five rights that the licenses address
  • whether the NFT licenses help resolve hate speech issues for creators
  • why a16z described its licenses as “can’t be evil”
  • how these licenses will be enforced
  • how anyone buying NFTs should now be able to understand what they are buying
  • why previous attempts to create standardized NFT license didn’t succeed
  • why Miles thinks these new NFT licenses are going to succeed

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Guest Miles Twitter: https://twitter.com/milesjennings

“Can’t be evil” NFT licenses: * a16z article: https://a16zcrypto.com/introducing-nft-licenses/ * Miles’ thread: https://twitter.com/milesjennings/status/1564991860824674305?s=20&t=pJEE9HfA9DnC_9PlsGelEw * Wiki article: https://www.nftstandards.wtf/NFT/NFT+License

Previous coverage on Unchained: * What legal rights NFTs come with: https://unchainedpodcast.com/what-exactly-do-you-get-when-you-buy-an-nft-three-lawyers-discuss/ * Understanding intellectual property rights with NFTs: https://unchainedpodcast.com/excited-about-your-bored-ape-or-crypto-punk-make-sure-you-understand-your-ip-rights/ * Punk 6529 on how rights helped Bored Apes succeed: https://unchainedpodcast.com/punk6529-on-the-significance-of-bored-ape-yacht-club-and-cryptopunks/

IP issues around prominent NFT collections: * Galaxy Digital report on NFT owners being misled about rights: https://decrypt.co/107827/bored-apes-moonbirds-misled-buyers-nft-ip-rights-galaxy-digita * CryptoPunks gets IP rights: https://decrypt.co/107184/as-cryptopunks-nft-owners-get-commercial-rights-yuga-hopes-to-secure-their-legacy-as-artwork * Bored Apes’ more permissive license helps it become more valuable than Crypto Punks: https://www.thedefiant.io/bored-apes-yacht-club-cryptopunks-copyright-fight * Moonbirds controversy ignites after move to CC0 license: https://www.thedefiant.io/moonbirds-cc0-license-nfts

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