diff --git a/LICENSE.txt b/LICENSE.txt
new file mode 100644
index 0000000..32492e4
--- /dev/null
+++ b/LICENSE.txt
@@ -0,0 +1,19 @@
+Unified Inventory for Minetest
+Copyright (C) 2012-2014 Maciej Kasatkin (RealBadAngel)
+
+This library is free software; you can redistribute it and/or
+modify it under the terms of the GNU Library General Public
+License as published by the Free Software Foundation; either
+version 2 of the License, or (at your option) any later version.
+
+This library is distributed in the hope that it will be useful,
+but WITHOUT ANY WARRANTY; without even the implied warranty of
+MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the GNU
+Library General Public License for more details.
+
+You should have received a copy of the GNU Library General Public
+License along with this library; if not, write to the Free Software
+Foundation, Inc., 51 Franklin Street, Fifth Floor, Boston, MA  02110-1301  USA
+
+Contact information:
+	Examine a git patch to get the contributor's email address.
diff --git a/README.md b/README.md
index 1de7256..15802c6 100644
--- a/README.md
+++ b/README.md
@@ -1,22 +1,48 @@
-Unified inventory
-=================
+# Unified Inventory
 
 Unified Inventory replaces the default survival and creative inventory.
-It adds a nicer interface and a number of features, such as a crafting guide.
 
-License
-=======
+
+## Features
+
+ * Node, item and tool browser
+ * Crafting guide
+    * Can copy the recipe to the crafting grid
+    * Recipe search function by ingredients
+ * Up to four bags with up to 24 slots each
+ * Home function to teleport
+ * Trash slot
+ * Lite mode: reduces the item browser width
+ * Mod API for modders: see [mod_api.txt](doc/mod_api.txt)
+ * Setting-determinated features: see [settingtypes.txt](settingtypes.txt)
+
+
+## Requirements
+
+ * Minetest 5.0.0+ since commit 4403b69
+ * Minetest 0.4.16+ prior commit 4403b69
+
+
+# Licenses
 
 Copyright (C) 2012-2014 Maciej Kasatkin (RealBadAngel)
 
-Unified inventory code is licensed under the GNU LGPLv2+.
+Copyright (C) 2012-? Various minetest-mods contributors
 
-Licenses for textures:
+
+## Code
+
+GNU LGPLv2+, see [license notice](LICENSE.txt)
+
+
+## Textures
 
 VanessaE: (CC-BY-4.0)
+
   * `ui_group.png`
 
 Tango Project: (Public Domain, CC-BY-4.0)
+
   * [`ui_reset_icon.png`](https://commons.wikimedia.org/wiki/File:Edit-clear.svg)
   * [`ui_doubleleft_icon.png`](http://commons.wikimedia.org/wiki/File:Media-seek-backward.svg)
   * [`ui_doubleright_icon.png`](http://commons.wikimedia.org/wiki/File:Media-seek-forward.svg)
@@ -25,6 +51,7 @@ Tango Project: (Public Domain, CC-BY-4.0)
   * [`ui_skip_forward_icon.png`](http://commons.wikimedia.org/wiki/File:Media-skip-forward.svg)
 
 From http://www.clker.com (Public Domain, CC-BY-4.0):
+
   * [`bags_small.png`](http://www.clker.com/clipart-moneybag-empty.html)
   * [`bags_medium.png`](http://www.clker.com/clipart-backpack-1.html)
   * [`bags_large.png` / `ui_bags_icon.png`](http://www.clker.com/clipart-backpack-green-brown.html)
@@ -37,25 +64,33 @@ From http://www.clker.com (Public Domain, CC-BY-4.0):
   * [`ui_waypoint_set_icon.png`](http://www.clker.com/clipart-larger-flag.html)
 
 Everaldo Coelho (YellowIcon) (LGPL v2.1+):
+
   * [`ui_craftguide_icon.png` / `ui_craft_icon.png`](http://commons.wikimedia.org/wiki/File:Advancedsettings.png)
 
 Gregory H. Revera: (CC-BY-SA 3.0)
+
   * [`ui_moon_icon.png`](http://commons.wikimedia.org/wiki/File:FullMoon2010.jpg)
 
 Thomas Bresson: (CC-BY 3.0)
+
   * [`ui_sun_icon.png`](http://commons.wikimedia.org/wiki/File:2012-10-13_15-29-35-sun.jpg)
 
 Fibonacci: (Public domain, CC-BY 4.0)
+
   * [`ui_xyz_off_icon.png`](http://commons.wikimedia.org/wiki/File:No_sign.svg)
 
 Gregory Maxwell: (Public domain, CC-BY 4.0)
+
   * [`ui_ok_icon.png`](http://commons.wikimedia.org/wiki/File:Yes_check.svg)
 
 Adrien Facélina: (LGPL v2.1+)
+
   * [`inventory_plus_worldedit_gui.png`](http://commons.wikimedia.org/wiki/File:Erioll_world_2.svg)
 
 Other files from Wikimedia Commons:
+
   * [`ui_gohome_icon.png` / `ui_home_icon.png` / `ui_sethome_icon.png`](http://commons.wikimedia.org/wiki/File:Home_256x256.png) (GPL v2+)
 
 RealBadAngel: (CC-BY-4.0)
+
   * Everything else.
\ No newline at end of file