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In this video tutorial, Nick discusses the importance of understanding the rights associated with open source software licenses. Not all open source software is the same, with some licenses being more permissive and others more restrictive. He explores the most commonly used licenses and the rights they grant users. The video is sponsored by Linoad, who offers $100 to set up a Linux or gaming server easily through their app marketplace. Thank you Linode for sponsoring this informative video.