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The text discusses different types of licensing features that software vendors can use to unlock modules or components of their distributed applications. License Ring allows for two types of features: licensing features activation and consumption licensing. Activation allows vendors to include or exclude specific features from a license, while consumption licensing allows for metered usage of a feature in the app. This can be useful for limiting the number of times a function is run or a report is generated. Standard plans allow for up to five activation features, while enterprise customers can configure an unlimited number of features, including consumption-based features.
