diff --git a/libraries/chain/include/graphene/chain/asset_object.hpp b/libraries/chain/include/graphene/chain/asset_object.hpp
index cb2a61a9..c3cd7481 100644
--- a/libraries/chain/include/graphene/chain/asset_object.hpp
+++ b/libraries/chain/include/graphene/chain/asset_object.hpp
@@ -156,6 +156,11 @@ namespace graphene { namespace chain {
             /** defines the assets that this asset may not be traded against in the market, must not overlap whitelist */
             flat_set<asset_id_type>   blacklist_markets;
 
+            /** data that describes the meaning/purpose of this asset, fee will be charged proportional to
+             * size of description.
+             */
+            string                    description;
+
             /// Perform internal consistency checks.
             /// @throws fc::exception if any check fails
             void validate()const;
@@ -323,6 +328,7 @@ FC_REFLECT( graphene::chain::asset_object::asset_options,
             (blacklist_authorities)
             (whitelist_markets)
             (blacklist_markets)
+            (description)
           )
 FC_REFLECT( graphene::chain::asset_object::bitasset_options,
             (feed_lifetime_sec)
diff --git a/libraries/chain/operations.cpp b/libraries/chain/operations.cpp
index 8fc1a608..157df651 100644
--- a/libraries/chain/operations.cpp
+++ b/libraries/chain/operations.cpp
@@ -162,6 +162,7 @@ share_type asset_create_operation::calculate_fee( const fee_schedule_type& sched
    uint32_t s = symbol.size();
    while( s <= 6 ) {  core_fee_required *= 30; ++s; }
 
+   core_fee_required += ((fc::raw::pack_size(*this)*schedule.data_fee)/1024);
    return core_fee_required;
 }
 
@@ -288,7 +289,7 @@ void asset_update_operation::validate()const
 
 share_type asset_update_operation::calculate_fee( const fee_schedule_type& k )const
 {
-   return k.asset_update_fee;
+   return k.asset_update_fee + ((fc::raw::pack_size(*this)*k.data_fee)/1024);
 }
 
 void asset_burn_operation::get_required_auth(flat_set<account_id_type>& active_auth_set, flat_set<account_id_type>&) const