MoonBirds owners get “full commercial art rights for the Moonbird they own,” apparently similar to Bored Ape License

  • Last fall, we reported the then-unusual approach of the Bored Ape Yacht Club IP license. It gave all owners unlimited commercialization rights to their Bored Apes, including the ability to make derivative works. We explained how the Bored Ape IP License was a decentralized collaboration license or De-Collab license because it enabled owners to engage in collaboration in building the Bored Ape brand through a decentralized process. You can download our paper here.
  • This year, BAYC’s creators Yuga Labs bought the legendary CryptoPunks and granted the CryptoPunks owners the same style of De-Collab license. (Previously, there was uncertainty over the CryptoPunks license, which eventually was the Dapper Labs’ NFT License 2.0, with limited commercial rights capped at $100,000 annually.) Some projects like World of Women say they assign full IP rights to the owners.
  • In a record-breaking run, MoonBirds just reached 40ETH ($120,457) in its first week after launch.
  • Their IP license grants “full commercial art rights to the Moonbird they own.” The website says it will provide more details before launch, but we couldn’t find any.
  • The trend is clear: the NFT projects aspiring to be blue-chip projects will be expected to grant NFT owners full commercialization rights (similar to the Bored Ape License) or even an assignment of IP rights (similar to the World of Women Ownership License). mFers and Nouns use CC0 licenses abandoning IP rights or donating them to the public domain.
  • In Web3, “All Rights Reserved” licenses will not fly–or moon.