Privacy Policy

1. Information We Collect

Web3Bay operates on blockchain technology, which minimizes the amount of personal information required. However, we may collect and process the following information:

• Information You Provide Directly:

  • Account Information: Email address, username, and wallet address when you create an account.
  • Transaction Details: Information related to purchases, sales, and token interactions on the platform.

• Automatically Collected Information:

  • Log Data: IP address, device type, browser type, and platform usage statistics.
  • Cookies: Information collected through cookies and similar technologies to enhance your experience.

• Blockchain Data: Public wallet addresses and transaction records tied to blockchain interactions, which are publicly accessible but pseudonymous.

2. How We Use Your Information

Web3Bay uses your information to:

• Facilitate transactions and manage your account.
• Provide customer support and resolve disputes.
• Improve the platform’s functionality and user experience.
• Send important updates, such as changes to policies or service disruptions.
• Comply with legal obligations and prevent fraud or abuse.

3. Sharing of Information

We do not sell, rent, or trade your personal information. However, we may share your data in the following circumstances:

• With Service Providers: To facilitate platform operations, such as payment processors or analytics providers.
• For Legal Compliance: If required by law or to protect Web3Bay’s rights and users.
• Community Governance: As Web3Bay transitions to community-driven governance, certain proposals or activities may involve blockchain-based transparency.

4. Blockchain Data and Transparency

Web3Bay is built on blockchain technology, which inherently records transaction data on a decentralized ledger. This means:

• Your public wallet address and transaction history are publicly accessible on the blockchain.
• Web3Bay cannot modify or delete blockchain data, ensuring transparency and immutability.

5. Cookies and Tracking Technologies

We use cookies and similar tracking technologies to:

• Enhance user experience and optimize platform performance.
• Analyze website traffic and usage patterns. You can manage cookie preferences in your browser settings.

6. Data Security

Web3Bay prioritizes the security of your data by implementing:

• Encryption: Secure encryption for transactions and sensitive data.
• Decentralized Ownership: Limited centralized storage of user data to reduce risk.
• Best Practices: Continuous monitoring and updates to safeguard the platform.

However, note that no method of transmission over the internet or storage method is 100% secure. Users are encouraged to secure their digital wallets and private keys.

7. Your Rights and Choices

You have rights regarding the personal information we collect, including:

• Access and Correction: Request access to your data or correct inaccurate information.
• Data Portability: Obtain a copy of your data in a portable format.
• Account Closure: Close your account, after which Web3Bay will cease processing your data (excluding immutable blockchain data).

For requests, please contact [email protected]

8. Third-Party Services

Web3Bay may link to or integrate third-party services (e.g., PayPal, Google Pay). These services operate independently, and their privacy policies govern their practices. We encourage you to review their policies before using their services.

9. Updates to This Policy

Web3Bay may update this Privacy Policy periodically. Changes will be posted on this page, and significant updates will be communicated via email or platform announcements. Continued use of Web3Bay constitutes acceptance of the updated policy.

10. Contact Us

If you have any questions about this Privacy Policy or how your data is handled, please contact us at:

Email: [email protected]