What Is a Creative Commons Zero (CC0) License?
When you use this license, you declare that your work is in the public domain.
Usually, an entry into the public domain for a project only occurs after the expiration of its copyright.
As a result, you’ve got the option to use the CC0-licensed project for commercial purposes.
What Is a CC0 NFT?
As mentioned earlier, a CC0 license on any produced work simply means “no rights reserved.”
How well a CC0 works depends on the legal technicalities in the production region of the work.
However, the license is designed to remove all rights, even in areas where copyright laws are stringent.
Why Should You Use a CC0 License on Your NFT?
This is all in a bid to increase their popularity and feed their audience’s enthusiasm for future projects.
This is because NFTs with the CC0 license have a wider reach due to the absence of copyright restrictions.
This results in a larger audience for the original owner as their artwork spreads further.
Creative Expression
With CC0 NFTs, artists have found new ways to express themselves.
This saves time and energy while giving space for creative freedom.
Royalties
The more popular a CC0 NFT, the more royalties will be accrued to the creator.
Nouns
With over $60 million in its treasury,Nounsis one of the most successful CC0 initiatives.
These accolades further vamp up Nouns' popularity in the NFT community.
Goblintown
Criticized by many as having NFTs that are aesthetically unpleasing,Goblintown’s10,000 avatars NFTs are CC0.
Nonetheless, several NFT veterans, including Steve Aoki, back this project.
At one point, Goblintown’s NFT derivatives accounted for over 40% of trade volume on OpenSea.
CrypToadz
This project was conceived by an anonymous creator who goes by the pseudonym, Gremplin.
When it launched, it had a floor value of 0.069 ETH.
All CryptoToadz NFTs have been sold.
