Hi, how are you?
About what you are talking, I don't think you need a license creator, it's enough if you just generate an encrypted key, and this can be done easily with php.
You will only need one class with two methods, one to create the key, and the other to decode that key.
Also, you don't need to store this in MySQL, you will just lost space. But well, if you want, yes, it's possible to create a set of keys and store in your database.
As far as I understand, you are working on the project, as programmer, so just tell me if you are interested in this code, and I will send to you.
If the idea it's enough for you to work on that, a thanks will be fine :)
Greetings!
Alex