What Problem Does MIT License Solve?
The primary terms and conditions of the MIT license are to grant permissions and indemnify developers for future use. Specifically, it grants any person who obtains a copy of the software and associated files the right to use, copy, modify, merge, distribute, publish, sublicense, and sell copies of the software.
There's absolutely no restriction on commercial use in there. The only requirement is that you must include the MIT copyright notice with any copies of the software. Other than that, it's a free license, and allows you to use the software for any purpose you might like, including commercial and for-profit use.
What are the pros and cons of the MIT license? - Quora
What does licensed under MIT mean?
The MIT License is a permissive free software license originating at the Massachusetts Institute of Technology (MIT) in the late 1980s. ... Any software licensed under the terms of the MIT License can be integrated with software licensed under the terms of the GNU GPL.
MIT License - Wikipedia
The MIT License is an agreement commonly used by software developers when they release Free and Open Source software. It is more precisely named the Expat License, to disambiguate it from similar licenses.
MIT License FAQ - Tawesoft Knowledge Base
Why do people use MIT license?
Arguably, the biggest advantage of using the MIT License is that it is very permissive. It is not only welcoming to open-source developers, but also to businesses (Proprietary). This quality of the license allows it to be both business-friendly and open-source friendly, while still making it possible to be monetized.
The realm of an MIT licensed software code - iPleaders