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Read the FAQ, the beta version has a different license than the full release will:

Q: How is Kendo UI licensed? Is it open source?

Kendo UI is dual-licensed, Commercial and Open Source (GPLv3).

The Commercial license includes full source, professional support, access to the latest Kendo UI hotfix builds, and priority influence on the Kendo UI roadmap. During the Beta phase, the framework is licensed under a Beta license and no commercial license is available.

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