Update LICENSE.md

Author: sascha

LICENSE

@@ -0,0 +1,33 @@
+This sample code or wrapper is licensed with a 3-clause BSD license.
+
+In order to run any samples or use any wrapper without a watermark, 
+you'll have to purchase a commercial PhotoEditor SDK or VideoEditor SDK 
+license. Visit https://img.ly for more details.
+
+Copyright (c) 2014-2020, img.ly GmbH
+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 img.ly GmbH, img.ly, PhotoEditor SDK, VideoEditor SDK 
+   nor the names of its developers may be used to endorse or promote products
+   derived from this software without specific prior written permission.
+
+THIS SOFTWARE IS PROVIDED BY IMG.LY GMBH ''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 IMG.LY GMBH 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.

LICENSE.md

@@ -31,8 +31,8 @@
     "name": "img.ly GmbH",
     "email": "contact@img.ly"
   },
-  "license": "MIT",
-  "licenseFilename": "LICENSE",
+  "license": "BSD-3-Clause",
+  "licenseFilename": "LICENSE.md",
   "readmeFilename": "README.md",
   "peerDependencies": {
     "react-native": ">=0.60.0 <1.0.x"