Bittime – About two months after being acquired by NFT giant Yuga Labs, Moonbirds announced significant changes.
This NFT collection will strengthen the rights of its holders in commercializing individual Moonbirds. This announcement was made via a post on the X platform.
Moonbird Changes
"Starting today, Moonbirds will join Mythics, becoming a collection with commercial rights," wrote the Moonbird account post.
"If you made something in the CC0 era, that's cool. But from now on, you need to have Moonbird to keep doing it."
In 2022, Moonbirds surprised some of its holders with a sudden change to their copyright model.
At that time, Moonbirds adopted the Creative Commons CC0 license, which makes works of art public domain and free to commercialize without the owner's consent.
This change comes amid the acquisition of Moonbirds in February by Yuga Labs, the renowned NFT studio that created Bored Ape Yacht Club and owns the copyright to CryptoPunks.
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Impact of Change
The transition to this new copyright model will likely impact the Moonbirds community in the following ways.
1. Potential Value Increase
Exclusive copyrights can increase the value of individual Moonbirds because the holder will have more control over how they are used for commercial purposes.
2. New Opportunities for Commercialization
Moonbird holders will have more flexibility in leveraging their assets, such as creating merchandise, games, or other experiences related to Moonbirds.
3. Potential Disagreements
Some holders may disagree with the copyright change, especially those who planned to use Moonbirds freely under the previous CC0 license.
Weighing Moonbirds Decisions: Between Control and Freedom
Moonbirds' decision to turn to copyright protection after being acquired by Yuga Labs sparked an interesting debate about NFT ownership and commercialization. Let's take a deeper look at the potential implications of this change.
Arguments for Copyright Protection
1. Increased Value
The exclusivity provided by copyright can increase the rarity and investment potential of NFT assets. Investors may be more interested in projects with tight controls on commercial use.
2. Branding and Brand Exclusivity
Copyright protection allows Moonbirds to build a stronger, more controlled brand. The use of Moonbirds for products or services that do not match the brand image can be prevented.
3. Control over the Community
With copyright, Moonbirds can regulate and curate how their NFTs are used in the commercial space. This could potentially lead to more valuable collaboration and experiences for holders.
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Arguments for Liberty CC0
Creativity and Innovation Benefits: The CC0 license previously allowed free use of Moonbirds, which can encourage creativity and innovation within the community. Art and culture can thrive when works of art are freely shared and adapted.
Accessibility and Inclusion: The previous CC0 model allowed anyone to use Moonbirds, regardless of NFT ownership. This can increase accessibility and broader community engagement.
Commercial Ownership Uncertainty: The rules and limitations associated with commercial use under the new copyright model may be unclear. This can give rise to uncertainty and disputes among holders.
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Conclusion
Moonbirds' decision to switch to a copyright model has strong arguments on both sides. These changes may benefit holders in the long run, but they may also limit the creativity and accessibility previously enabled by CC0 licenses.
The Moonbirds community needs to continue discussing and adapting to the ever-evolving landscape of NFT ownership and commercialization.
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