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In this YouTube tutorial, Nick discusses the importance of understanding the rights associated with open source software licenses. While most licenses allow for various rights over the code, some are more permissive while others are more restrictive. He goes on to explain the most commonly used licenses for free and open source software and the rights they grant the user. The video is sponsored by Linode, a platform for deploying Linux or gaming servers, offering a $100 credit to get started easily through their app marketplace. Deploying a server is a simple process with configuration options and a one-click deploy feature.