How a16z’s New NFT Licenses Hope to Solve Rights Problems for Creators and Buyers - Ep. 391

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 2 September 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 Thank you to our sponsors! 1inch: https://1inch.io/ Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Messari: https://mainnet.events/ 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everyone, welcome to Unchained, your no-hype resource for all things crypto.
0:07.6	I'm your host Laura Shin, author of The Crypto Peans.
0:11.7	I started covering crypto seven years ago, and as the senior editor of Forbes was the
0:15.9	first mainstream meter porter to cover cryptocurrency pull time.
0:19.4	This is the September 2nd, 2022 episode of Unchained.
0:23.4	In case you didn't know, every episode of Unchained is also available on YouTube.
0:27.5	Wtube.com slash C slash Unchained podcast to subscribe.
0:32.6	One inch is a top decks aggregator that finds the best rates across multiple networks.
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0:47.7	With the crypto.com app, you can buy, earn, and spend crypto in one place, download and
0:52.9	get $25 with the code Laura, link in the description.
0:57.2	Don't miss mainnet, the most anticipated crypto event of the year, September 21st to 23rd
1:03.2	in New York City.
1:04.5	Get $300 off your pass today by visiting mainnet.events, and entering promo code Unchained at checkout.
1:13.7	See you this fall at mainnet 2022.
1:17.0	Today's guest is Miles Jennings, General Counsel at A16Z Crypto.
1:21.8	Welcome Miles.
1:22.8	Hi Laura, thanks for having me.
1:25.0	You've seen that rights surrounding NFTs can have a large influence on the success of
1:29.5	the project, and frankly, can also spark some controversy.
1:34.1	This has been true with projects such as crypto punks, board apes, moonbirds, etc.
	...

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