An example method is provided for a first host running a client software to provision a virtual machine on the first host in a virtualized computing environment including one or more hosts. The method may include generating a license key message, transmitting the license key message to a second host via a peer-to-peer (P2P) network including the first host and the second host, receiving a determination of the second host whether the virtual machine can be provisioned on the first host via the P2P network, and deciding whether to provision the virtual machine on the first host based on the determination. Some example license key messages may include a license key and a seat number and a sharable level indicator associated with the license key.