Not able to update the theme through Envato marketTheme version: 7.0.0
Thanks for using our theme.
Please check this topic – https://www.8theme.com/topic/unable-to-update-to-xstore-7-0/
I do not see any problem with your license, the message is shown for all our customers.
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One standard license is valid only for 1 project. Running multiple projects on a single license is a copyright violation.