CC0 vs Commercial IP: Which Is Better?
This article comes fromNFTEvening, original author: Adele
Odaily Translator |
Odaily Translator |
It has to be said that there will always be some refreshing sparks bursting out in the NFT field from time to time, and this summer, the term "cc0 NFT" appears more frequently than ever. Now cc0 NFT projects such as CrypToadz, Blitmaps and Mfers are emerging. They have reached unprecedented heights in terms of brand openness and transparency, and are sought after by the decentralized market. So what exactly does cc0 mean, and how does it relate to NFT intellectual property and commercial rights?
Obviously, it is very important to understand the rights that NFT grants to holders, so let's start with the NFT rights that people are most passionate about, and gradually understand cc0 rights and its application in NFT scenarios.
What does cc0 mean?
textcc0 is actually the abbreviation of "Creative Commons Zero", which means "free knowledge sharing". It means that intellectual property owners give up their copyright power and open it to the public for free. in other words,No permission from the original creator is required.
As an example, Goblintown, the most exciting NFT project in 2022, uses the cc0 copyright, causing imitations of the project to spread like wildfire. cc0 NFTs definitely have their own advantages and disadvantages, depending on each creation. The expectations of the owners or holders of the NFT project.
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1、Goblintown
Four of the most successful cc0 NFTs to date
Goblintown is undoubtedly one of the most interesting cc0 NFT projects of 2022. Image credit: Goblintown
The NFT series has been controversial since its launch, with some saying it is ugly and others admiring its unique design concept. No matter which point of view you hold, it has to be said that Goblintown has successfully attracted the attention of NFT collectors and caused quite a stir. The 10,000 avatar NFTs launched by Goblintown all use the cc0 copyright, so holders can commercialize them in any form. In this case, holding a Goblintown NFT under a Creative Commons license would be extremely valuable, as these collectibles are absolutely unique in terms of design.
2、Loot
In fact, this controversial project has redefined the concept of aesthetics in the NFT field. In addition, the series has a floor price of 1.9 ETH and is supported by many NFT whales. Even more surprising, superstar techno DJ Steve Aoki also hosted a Goblintown NFT party in New York this summer.
Loot is an NFT project designed to incentivize content creators to develop new assets.
The NFT project is quite unique, with neither avatars, images, nor statistics, just white text on a black background. Despite its minimalist style, Loot redefines the way the community interacts with NFTs. The total distribution of Loot is 8,000. Anyone can participate in casting and obtain random "equipment" in the form of text. Since Loot also uses the cc0 copyright, anyone can use it for their own projects.
3、Mfers
From P2E games to innovative exploration tools, it's safe to say the project has sparked unprecedented creativity among developers. It is worth mentioning that Loot NFT was minted for free when it was first released, but now the floor price has reached 1.03 ETH, which is impressive.
The founder of the Mfers project is the famous Twitter NFT meme creator Sartoshi.
I believe that there is no project that can represent the meme culture more than Mfers. Unlike high art, its rough painting style makes people more empathetic to the body movements it describes. This Stickman Stickman NFT project was created by Sartosh i with a circulation of 10,000. However, it is regrettable that just when Sartoshi was highly sought after, he announced his departure from the NFT community and transferred control to the community.
Although this NFT avatar series looks very simple and rough, it has to be admitted that it has detonated social media and has been praised by many industry authorities. Some even call it the CryptoPunks of the new era. At present, the floor price of Mfers NFT is 1.18 ETH, but some of the rare items have been sold for a high price of 11 ETH, further promoting the popularity of this cc0 project.
4. Nouns: perhaps the most successful cc0 project so far
In fact, Noun glasses were featured in a Bud Light ad during the last Super Bowl. Bud Light does own Nouns NFT and participate in DAO voting, but if you don't hold NFT, you can also use Noun glasses in advertisements, which fully fits the spirit of decentralization and open source advocated by the Web3 movement.
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cc0 vs. commercial IP: which is better?
There is no doubt that cc0 NFT has its advantages and disadvantages, and the boundaries are not sharp, so in essence, the judging criteria are all up to people's respective perceptions.
On the bright side, once you own a cc0 NFT, you can transform or commercialize this digital artwork in any way you like without having to ask permission from the project owner or creator.
But on the other hand, since the intellectual property already belongs to the public, it is free for all to use. This means that other people can save the fruits of other people's labor by right-clicking at the touch of a finger, and have the same rights as the original creator. That's right, even a person who has nothing to do with the NFT can use the NFT for their own company.
In contrast, full commercial intellectual property rights only allow the holder to use the NFT image, and it is up to them to decide how to use the intellectual property. A good example representing commercial intellectual property is BAYC, the Boring Ape. The holders of this series of NFTs transform their intellectual property rights into commercial rights, authorize various ape images to music videos, movies, TV shows and fashion fields, and obtain a part of the right to freely dispose while owning complete intellectual property rights.
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Is "cc0 Summer" really coming?
The current answer to this question should be: maybe.
In 2022, we do see a surge in popularity of many cc0 NFT projects that allow collectors, game developers, and artists to use their NFTs "at will", so the popularity of projects has risen rapidly in a short period of time. This fact is fully demonstrated if we take a quick look back at some of the most popular cc0 NFT projects this summer. For example, Goblintown itself is a project with no development roadmap or practicality, but now, this "free minting" project has a market value of nearly 50 million US dollars, transaction volume is more than 90 million US dollars, and its social media followers exceed 120,000, and the community continues to support this "strange collection". Although the current encryption industry is still in a bear market, the popularity of this new project is definitely impressive.
With the success of more and more cc0 NFT projects, it has also inspired many NFT creators to turn to cc0, but like other innovative ideas at the beginning of their birth, cc0 also encountered some controversy. For example, Moonbirds, the NFT project's announcement to change the copyright model has caused great dissatisfaction among holders. According to Moonbirds co-founder Kevin Rose, Moonbirds and its sister project Oddities will adopt the Creative Commons CC0 copyright code, which means that its copyright has shifted to a public domain use model, and anyone can commercially reproduce and copy it without notifying the owner. Use collectibles from these two NFT projects and freely distribute, expand and commercialize them without the owner's consent, and as a result, the owner thinks that buying the NFT project has exclusive rights to the NFT , but now those rights have been taken away without prior notice.
