Chaos V-Ray, Chaos Enscape, Chaos Vantage, Choas Phoenix, Chaos Envision and all other Chaos products are licensed through the Chaos Online License Server, typically installed to http://localhost:30304
The online activation is linked to an account on the Chaos.com website which is linked to an email address. You need an internet connection if you want to work with Chaos products, and you can also borrow your license offline for a maximum of 14 days (borrow). Note that if you take your computer and your license offline, you can not use other online functionality of the software you are using, such as eg. the Cosmos library.
Quitting the host app that is running a chaos plugin such as V-Ray or Enscape or quitting the Vantage or Envision stand-alone apps will automatically release the license.
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