diff --git a/LICENSE b/LICENSE
new file mode 100644
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--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,9 @@
+Copyright 2022 Julian Scheffers
+Copyright 2022 Jeroen Domburg
+Copyright 2022 Renze Nicolai
+
+Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:
+
+The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
\ No newline at end of file
diff --git a/README.md b/README.md
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--- a/README.md
+++ b/README.md
@@ -1,2 +1,23 @@
-# Factory test firmware
+# MCH2022 ESP32 firmware: Launcher
+
+This repository contains the ESP32 part of the firmware for the MCH2022 badge. This firmware allows for device testing, setup, OTA updates and of course launching apps.
+
+## License
+
+The source code contained in this repository is licensed under terms of the MIT license, more information can be found in the LICENSE file.
+
+Source code included as submodules is licensed separately, please check the following table for details.
+
+| Submodule                   | License                           | Author                                                 |
+|-----------------------------|-----------------------------------|--------------------------------------------------------|
+| esp-idf                     | Apache License 2.0                | Espressif Systems (Shanghai) CO LTD                    |
+| components/appfs            | THE BEER-WARE LICENSE Revision 42 | Jeroen Domburg <jeroen@spritesmods.com>                |
+| components/bus-i2c          | MIT                               | Nicolai Electronics                                    |
+| components/i2c-bno055       | MIT                               | Nicolai Electronics                                    |
+| components/mch2022-rp2040   | MIT                               | Renze Nicolai                                          |
+| components/pax-graphics     | MIT                               | Julian Scheffers                                       |
+| components/sdcard           | MIT                               | Nicolai Electronics                                    |
+| components/spi-ice40        | MIT                               | Nicolai Electronics                                    |
+| components/spi-ili9341      | MIT                               | Nicolai Electronics                                    |
+| components/ws2812           | MIT                               | Unlicense / Public domain                              |