The concept of a "license" wields power across various realms. Beginning with James Bond's iconic "license to kill," we examine the authority and responsibility it embodies. Transitioning to finance, we delve into the exclusivity of banking licenses, highlighting why they are important. Finally, we explore DeFi, where projects like The Fedz use NFTs as banking licenses for Private Liquidity Pools, combining regulation with decentralization to promote financial stability and shared prosperity.

The concept of a "license" wields power across various realms. Beginning with James Bond's iconic "license to kill," we examine the authority and responsibility it embodies. Transitioning to finance, we delve into the exclusivity of banking licenses, highlighting why they are important. Finally, we explore DeFi, where projects like The Fedz use NFTs as banking licenses for Private Liquidity Pools, combining regulation with decentralization to promote financial stability and shared prosperity.