diff --git a/LICENSE b/LICENSE
new file mode 100644
index 000000000..c67859218
--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,29 @@
+Copyright (c) 2014-2015, The Monero Project
+
+All rights reserved.
+
+Redistribution and use in source and binary forms, with or without modification, are
+permitted provided that the following conditions are met:
+
+1. Redistributions of source code must retain the above copyright notice, this list of
+  conditions and the following disclaimer.
+
+2. Redistributions in binary form must reproduce the above copyright notice, this list
+  of conditions and the following disclaimer in the documentation and/or other
+  materials provided with the distribution.
+
+3. Neither the name of the copyright holder nor the names of its contributors may be
+  used to endorse or promote products derived from this software without specific
+  prior written permission.
+
+THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS" AND ANY
+EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF
+MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL
+THE COPYRIGHT HOLDER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL,
+SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO,
+PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS
+INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT,
+STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF
+THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
+ 
+Parts of this file are originally copyright (c) 2012-2013 The Cryptonote developers