What Is a CC0 NFT & How Does It Impact the NFT Community?
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The NFT space is in full-launch mode with the release of more and more NFT projects. NFT development, however, remains in its infancy, which results in misconceptions and discussions about the technology. One of the most popular discussions is about CC0 NFTs. Here we explore the world of CC0 and CC0 NFTs to help you understand why some NFT owners choose to forego traditional intellectual property (IP) guidelines and place their NFTs in the public domain.
What Is CC0?
CC0 is a form of copyright in which creators waive all legal interest in what they make and instead move their works into the public domain.
Short for “Creative Commons Zero,” a CC0 license on intellectual property means “no rights reserved” — the intellectual property right owners have relinquished all copyrights to their work. Anyone can use CC0-licensed works for almost anything they want without worrying about infringing on someone’s copyright.
As far as NFTs go, NFT owners license their work CC0 to allow NFT holders to rework, build upon or use their work for multiple purposes, such as duplication, branding and marketing. For example, a CC0 NFT can be used as the logo of a product or company.