Cc0 and commercial IP: which mode is more suitable for NFT?

Sort out four popular cc0 NFT projects. 

Original title: cc0 and commercial IP: which is better

Written by Adele

Compiling: MONI

It has to be said that the NFT field always bursts out some refreshing sparks from time to time. This summer, the word "cc0 NFT" appeared more frequently than ever before. Nowadays, cc0 NFT projects such as cryptoadz, blitmaps and mfers are rising. They have reached an unprecedented height in brand openness and transparency, and are sought after by the decentralized market. So what exactly does cc0 mean, and what is its relationship with NFT intellectual property and commercial power?

Usually, people think that NFT is only a single image obtained by casting NFT, but in fact NFT is not so simple, and some also provide intellectual property licenses to the holders.

Obviously, it is very important to understand the rights granted by NFT to the holders. Next, let's start from the most popular NFT rights and gradually understand the cc0 rights and its application in NFT scenarios.

What is the meaning of cc0?

Cc0 is actually the abbreviation of "Creative Commons zero", which means "free knowledge sharing". It means that the intellectual property owners give up their copyright rights and open them to the public for free. In other words, cc0 has no copyright restrictions. Anyone can use the cc0 project for any purpose and use its intellectual property rights to create their own content without the permission of the original.

For example, Goblin Town, the most exciting NFT project in 2022, used the cc0 copyright, making the imitations of the project spread like wildfire. Cc0 NFT certainly has its own advantages and disadvantages, which mainly depends on the expectations of each creator or holder of the NFT project.

Four most successful cc0 NFTs to date 

1、Goblintown

Goblintown is undoubtedly one of the most interesting cc0 NFT projects in 2022. Image source: Goblin town

The NFT series has been controversial since its launch. Some people say it is ugly, while others appreciate its unique design concept. No matter what viewpoint you hold, Goblin town has successfully attracted the attention of NFT collectors and set off quite a few ripples. The 10000 avatar NFTs launched by goblin town all use the cc0 copyright, so the holder can commercialize them in any form. In this case, Goblin town NFT under the knowledge sharing license agreement will be very valuable, because these collections are absolutely unique in design.

In fact, this controversial project has redefined the aesthetic concept in the field of NFT. In addition, the floor price of this series is 1.9 ETH And has been supported by many NFT giant whales. What's more surprising is that Steve Aoki, the superstar DJ of electronic music, also held a goblin town NFT party in New York this summer.

2、Loot

Lot is an NFT project designed to encourage content creators to develop new assets.

The NFT project is very unique. There is no head portrait, image or statistical data, only black background with white text. Despite its minimalist style, lot redefines the way the community interacts with NFT. Lot has a total of 8000 issues. Anyone can participate in the 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.

From p2e games to innovative exploration tools, we have to say that the project has inspired the unprecedented creativity of developers. It is worth mentioning that lot NFT was cast for free when it was first released, but now the floor price has reached 1.03 eth, which makes people look at it with new eyes.

3、Mfers

The founder of mfers project is sartoshi, the famous founder of twitter NFT meme.

I believe that there is no project more representative of meme culture than mfers. Different from the elegant art, its rough painting style makes people more sympathetic to the body movements it describes. This short stroke small match man NFT project was created by sartosh I with a circulation of 10000. However, it is regrettable that sartoshi announced that he would leave the NFT community and transfer control to the community just when he was highly sought after.

Although this NFT avatar series looks very simple and rough, it has to be admitted that it ignited social media and was praised by many industry authorities. Some even called it the "new era" CryptoPunks。 At present, the floor price of mfers NFT is 1.18 eth, but some rare items have been sold at the high price of 11 eth, further promoting the popularity of this cc0 project.

4. Noons: perhaps the most successful cc0 project at present

If you are looking for a "super bowl" in the cc0 field, then noons may be one of the most successful cc0 projects so far (it should be noted that its floor price has reached 99eth). Unlike most NFT collections, there are not many NFTs in noons. Instead, one NFT is auctioned every day, and the owners are given the right to vote on the governance of treasury funds and agreement upgrades. Interestingly, the team's plan is to continue the process "forever". Therefore, nounsdao (jointly managed by all NFT holders) will have the largest wealth in the NFT field.

In fact, during the last super bowl, noun glasses also appeared in the bud light advertisement. Bud light does own nuns NFT and participate in Dao voting, but if it does not own NFT, it can also use nun glasses in advertising, which fully conforms to the decentralization and open source spirit advocated by Web3 movement.

Cc0 and commercial IP: which is better?

There is no doubt that cc0 NFT has both its advantages and disadvantages, and the boundary is not obvious. Therefore, in essence, the evaluation criteria completely depend on people's own views.

On the good side, once you have a cc0 NFT, you can transform this digital artwork or commercialize it in any way you like, without the permission of the project owner or the creator.

On the other hand, since the intellectual property right belongs to the public, everyone can use it for free. This means that as long as other people move their fingers and right-click, they can save other people's labor achievements and have the same rights as the creators. Yes, even a person who has nothing to do with the NFT can use the NFT for his own company.

In this way, the owner of the cc0 NFT project has no control over his own creation. After all, literally, anyone can use the NFT in any way, form or form.

In contrast, the complete commercial intellectual property only allows the holder to use the NFT image, and then they decide how to use the intellectual property. A good example of commercial intellectual property is the boring ape bayc. The NFT holders of this series have transformed their intellectual property rights into commercial rights, licensed various ape images to music videos, films, TV programs and fashion fields, and obtained some free disposal rights while possessing complete intellectual property rights.

Is "cc0 summer" really here?

The current answer to this question should be: maybe.

In 2022, we did see the popularity of many cc0 NFT projects soar. These projects allow collectors, game developers and artists to "freely" use their NFT. Therefore, the popularity of the projects has increased rapidly in a short time. If we quickly review some of the most popular cc0 NFT projects this summer, we can fully prove this fact. For example, Goblin town itself is a project without a development road map or practicality. But now, the market value of this "free casting" project is close to US $50 million, the transaction volume is more than US $90 million, the number of social media fans is more than 120000, and the community continues to support this "strange collection". Although the encryption industry is still in a bear market, the popularity of this new project is absolutely impressive.

With the success of more and more cc0 NFT projects, many NFT creators have been inspired to turn to cc0. However, like other innovative ideas, cc0 has also encountered some disputes. For example, moonbirds, the NFT project announced a change in the copyright model, which has caused great dissatisfaction among the holders. According to Kevin rose, co-founder of moonbirds, moonbirds and its sister projects will adopt the Creative Commons cc0 copyright code, which means that its copyright will be transferred to the public domain. Anyone can copy and use the collections in these two NFT projects without notifying the owner, and freely distribute, expand and commercialize them without the owner's consent, As a result, the owner thinks that he has the exclusive rights of NFT by purchasing the NFT project, but now these rights are taken away without prior notice.

In short, it seems too early to assert the success of cc0, but as a leading concept, its future development deserves attention.