Chapter 1 General Provisions

Article 1 Purpose

The purpose of this agreement is to determine the rights, obligations, and necessary matters between the Company and User in relation to the 'Likey' service provided by LOIHI TECHNOLOGY PTE. LTD. (hereinafter referred to as the "Company").

Article 2 Definition of Terms

  1. The meanings of terms used in these terms and conditions are as follows:
    1. The term "User" means a person who has registered as a member by providing personal information to the Company, has agreed to these terms and conditions, and has been granted access to use the services provided by the company.
    2. The term "Creator" means a person, among Users, who provides content, such as photos or videos, on his/her wall.
    3. The term "service" means online platform service "Likey" provided by the Company.
    4. "Platform" refers to likey.me and Likey applications operated by the Company.
    5. The term "store" means the function of a creator to upload goods (including content) directly into the service and allow purchase from User via the Company.
    6. The term "paid service" refers to a service that Users can use for a fee set by the creator according to the Company's policy, through a payment method provided by the Company, such as Heart purchase and membership plan regular subscription.
    7. The term "content" means the overall service provided or sold on the platform, including data or information expressed in codes, letters, voices, sounds, images, etc. used in the information and communication network.
    8. The term "plan" means a membership product in which a user pays a payment amount determined by the company within the platform in order to regularly use the creator's content.
    9. "Heart" is a digital currency used by users to purchase access necessary to use the service, divided into a charged Heart and an event Heart. Charged Hearts are digital currency purchased by Users using payment means, and event Hearts are digital currency provided free of charge to Users for promotion, event, and reward purposes by the company.
    10. "Gold" is a digital currency that is reflected in the Creator's wallet when Users charge Hearts and use them on the Creator. One Heart is replaced with one Gold.
    11. The term "charging" means the act of converting cash into Hearts by means of payment provided by the Company to sponsor a User.
    12. The term "withdrawal" means the act of converting hearts, etc. paid to users into cash.
    13. "Platform fee" refers to the price at which a company provides services to creators. The details of the plan and the commission rate follow a separate service plan.
    14. The term "payment fee" means the fee required by payment institutions such as PG companies in processing the payment
    15. "Store fee" refers to the fee a company receives when a good is sold in the store. The fee policy follows a separate service plan.
  2. Terms not defined in these terms and conditions are interpreted in accordance with relevant laws and business practices.

Article 3 Interpretation and Application of Terms and Conditions

  1. The Company may separately determine the terms and conditions of use for individual services according to the specific contents of the services provided. In this case, for individual services, the terms and conditions of use for individual services take precedence over these terms and conditions.
  2. Where the Company and the creator individually enter into a contract, the contents of the contract shall take precedence over the terms of use of this service and the terms of use for individual services under the preceding paragraph.

Article 4 Description, Effect and Amendment of Terms and Conditions

  1. The Company posts the contents of these terms and conditions on the account registration screen so that Users can easily understand them.
  2. The Company may amend these terms and conditions to the extent that they do not violate relevant laws, such as the Act on the Regulation of Terms and Conditions, the Act on the Promotion of Information and Communication Network Utilization and Information Protection (hereinafter referred to as the "Information and Communication Network Act"), the Act on Consumer Protection in Electronic Commerce, the Act on the Regulation Of Conducting Fund-Raising Business Without Permission, and related regulations.
  3. If the user resides in Japan, he/she shall manage the arbitration in accordance with Japan’s Specified Commercial Transaction Act (SCTA)
  4. When the terms and conditions are changed, the company shall set the contents of the changed terms and conditions and the effective date and notify them at least seven days before the effective date.
  5. The user may terminate the use contract if he disagrees with the changed terms and conditions. If the user does not express his or her intention to refuse from the notice date to the enforcement date of the preceding paragraph, it shall be deemed to have agreed to the change of these terms and conditions as of the enforcement date. If a user or creator who uses a paid service does not agree to the amendment of the terms and conditions and cancels it, the refund policy set by the company shall be followed.

Chapter 2 Account Registration And Withdrawal

Article 5 Application For Account Registration

  1. The User applies for account registration by accurately filling in the membership information in accordance with the sign-up form set by the Company and expressing his or her intention to agree to these terms and conditions.
  2. In any of the following cases, the Company may refuse (or withhold consent) a User's application for account registration or restrict the use of some services.
    1. If the email address is the same as the already signed up user
    2. If an application is made using another person's name
    3. Where the contents of the application for account registration are falsely stated, or there is a reasonable reason to suspect that such is the case
    4. Where an application is filed for the purpose of impairing the well-being, order, or good manners of society
    5. Where other requirements for application for use set by the Company are insufficient
    6. Service-related capacity is insufficient
    7. If there is a reason for technical disability