(1) Monthly fee for drive usage above 5GB (Free of charge until August 29, 2023)
and
(2) NFT Trading fee
are going to be charged.
(3) Fees charged to the blockchain (Polygon in this service) when transactions are made on the blockchain, including but not limited to NFTs, which are referred to as gas fees.
(1) Monthly drive usage fee (free of charge until August 31, 2023)
Capacity | Monthly usage fee |
~5GB | Free |
~50GB | 2 US Dollars |
~200GB | 5 US Dollars |
~1TB | 30 US Dollars |
~2TB | 50 US Dollars |
~5TB | 120 US Dollars |
Unlimited | on request |
※Fees are charged in one-month increments from the date of use. Service charges are calculated on a daily or monthly basis at the time of plan change.
*Cancellation and refund of paid plans
If you wish to cancel your paid plan, please select the free plan. The first payment will be processed on the day you start using the paid plan, and your credit card company will be charged. The payment will be processed again on the same day of the following month. If you cancel after that, we will refund the difference from the amount you paid on the last payment processing date to the next scheduled payment processing date from the day after the cancellation date.
(2) NFT trading commissions (to be incurred when the NFT trading function is added in late May 2023)
When buying and selling NFTs, royalties, sales commissions, and purchase commissions will be charged.
Royalty: In LIFE LOG BOX, when an original creator sells an NFT and the buyer sells the NFT to another user, a certain percentage of the consideration is paid. This compensation is called "Royalty."
Selling fee: The fee paid by the seller to the operator (LIFE LOG BOX) when a transaction is completed.
Buying fee: The fee paid by the buyer (buyer) to the operator (LIFE LOG BOX) when a transaction is completed.
(3) Fee charged to the blockchain (Polygon in this service) when transactions are made on the blockchain (this fee is not collected by the service operator). Gas fees are always subject to change depending on network congestion and other factors.
User Action | Occurrence Timing |
Commission fee for Polygon (Gas Fee) |
Creating NFT |
When you create each NFT |
0 |
Exhibiting original NFT*1 |
When you exhibit NFT for the first time | About 0.07 MATIC |
Cancelling exhibiting NFT |
When you cancel exhibiting each NFT |
About 0.02 MATIC |
Exbihiting viewing right NFT*1 |
When you exhibit viewing right NFT for the first time | About 0.01 MATIC |
Cancelling exhibiting viewing right NFT |
When you cancel exhibiting each NFT | 0 |
Purchasing NFT | When you purchase each NFT |
About 0.04 MATIC |
*1 It is necessary to issue a Tx in order to set up a configuration to allow the operator to operate the NFT, not exactly the NFT exhibit itself.