diff --git a/COPYRIGHT b/COPYRIGHT
index 39e6a3b42a1..969711093f0 100644
--- a/COPYRIGHT
+++ b/COPYRIGHT
@@ -1 +1,5 @@
-This library is dual-licensed under Apache 2.0 and MIT terms.
+This project is transitioning from an MIT-only license to a dual MIT/Apache-2.0 license. 
+Unless otherwise noted, all code contributed prior to 2019-05-06 and not contributed by 
+a user listed in [this signoff issue](https://github.com/ipfs/go-ipfs/issues/6302) is 
+licensed under MIT-only. All new contributions (and past contributions since 2019-05-06) 
+are licensed under a dual MIT/Apache-2.0 license.