diff --git a/README.md b/README.md
index 4b35a9a02..f665aaa5f 100644
--- a/README.md
+++ b/README.md
@@ -6,8 +6,7 @@
 A Minecraft server proxy with unparalleled server support, scalability,
 and flexibility.
 
-Velocity is licensed under the MIT license for ultimate permissiveness
-and expanding the pool of potential contributors and users.
+Velocity is licensed under the GPLv3 license.
 
 ## Goals
 
@@ -34,4 +33,4 @@ Once you've built Velocity, you can copy and run the `-all` JAR from
 and you can configure it from there.
 
 Alternatively, you can get the proxy JAR from the [downloads](https://www.velocitypowered.com/downloads)
-page.
\ No newline at end of file
+page.