According to PANews, Moonbirds has announced a significant shift in its approach to NFT commercialization, two months after being acquired by Yuga Labs. The change involves Moonbirds enforcing the rights of the holders when it comes to the commercialization of NFT artworks. This means that users who wish to commercialize their NFT assets must first own them.
Moonbirds stated that from now on, it will become a series of NFTs with commercial rights. In 2022, Moonbirds adopted the Creative Commons Zero (CC0) copyright code, allowing the works to be freely commercialized without the owner's consent. This move marks a significant shift in the NFT market, as it emphasizes the importance of ownership rights in the commercialization process.
The decision by Moonbirds to enforce the rights of the holders is expected to have a significant impact on the NFT market. It underscores the importance of ownership in the commercialization of NFT assets and could potentially influence other NFT creators to follow suit. The adoption of the CC0 copyright code by Moonbirds further allows for the free commercialization of their works, providing more opportunities for NFT owners.
