diff --git a/LICENSE b/LICENSE
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+++ b/LICENSE
@@ -0,0 +1,20 @@
+Copyright (c) Glen Wider
+
+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
@@ -1,11 +1,31 @@
-# react-code-review-editor 
+# react-code-review-editor
+The react-code-review-editor is a React component aiming to provide functionality for code review purposes.
+It supports a variety of languages.
 
-Currently in development. 
+![review-editor-screenshot](./review-editor-screenshot.png)
 
-## how to import (while not published)
+##Features
+- [x] display syntax highlighted code 
+- [x] create and display comments inside the code 
+- [x] create and display results
+- [x] different comment types with their own annotation symbols for better usability
+- [x] keyboard shortcuts 
 
+##Development
+For using and getting to know the component through storybook examples:
+```shell script
+git clone https://github.com/codefreak/react-code-review-editor.git
+yarn install
+yarn storybook
+```
+
+## How to import to your own project (while not published on npm)
 * clone this repo
 * run `yarn build`
 * this builds and packages the `./lib`
 * in your repo that you want to use the library in type `npm i local/path/to/the/package.tgz`
-* the library has been added to your `package.json` and `node_modules` folder and can now be used
\ No newline at end of file
+* the library has been added to your `package.json` and `node_modules` folder and can now be used
+
+## License
+The source code for all packages in ./src is licensed under the MIT license, which you can find in the LICENSE 
+file.
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