Is a16z a 'trustless' version of NFT ownership?

a16z frames the copyright licenses as a more “trustless” version of NFT ownership, which is right in some sense: it potentially offers more clarity over the tokens’ legal value rather than relying on handshake deals and vague promises.

What is a16z & how does it work?

But unlike Creative Commons, which provides blanket licenses to wide swathes of people, a16z’s licenses lay out the relationship between an NFT buyer and the person who created the original art it’s linked with.

Can Creative Commons make a standardized NFT license?

There are already attempts at making a standardized NFT license, but so far, none have seen the kind of success Creative Commons has in the non-crypto world. And a16z, which has invested a huge amount in the crypto ecosystem, has a vested interest in solving the problem.

What is a16z's CC0 license?

And a16z, which has invested a huge amount in the crypto ecosystem, has a vested interest in solving the problem. The most expansive license is a direct copy of the CC0 agreement, which lets anybody remix or redistribute a piece of art. Beyond that, there are five other categories.