Privacy Policy

1. Introduction and Scope

Welcome to Predit Market of Oracles, a decentralized prediction platform operated by Predit Market (“Predit Market”, “we”, “our”, or “us”).

This Privacy Policy describes how we collect, use, process, store, share, and protect your personal information when you access or use our platform, website, mobile applications, APIs, and related services (collectively, the "Platform" or "Services"). This policy applies to all users, including visitors, registered users, subscribers, and participants in our prediction markets.

By accessing or using the Services, you acknowledge that you have read, understood, and agree to be bound by this Privacy Policy. If you do not agree with any part of this Privacy Policy, you must immediately cease using our Services.

Important Notice: This Privacy Policy should be read in conjunction with our Terms of Use and any additional terms and conditions that may apply to specific features or services. In the event of any conflict between this Privacy Policy and other applicable terms, this Privacy Policy shall prevail with respect to privacy matters.

2. Information We Collect

2.1 Information You Provide Directly

We collect information that you voluntarily provide to us when using our Services, including but not limited to:

2.1.1 Account and Registration Information

• Wallet addresses (public blockchain addresses for Ethereum, Solana, and other supported networks)
• Email address (if provided for notifications or account recovery)
• Username, display name, and profile picture
• Social media handles and links (if you choose to connect social accounts)
• Biographical information and user preferences
• Authentication credentials and security information
• Two-factor authentication data

2.1.2 Transaction and Financial Information

• Cryptocurrency wallet addresses and public keys
• Transaction histories and blockchain interaction data
• Subscription tier selections and payment confirmations
• Prediction market participations, bets, and outcomes
• Gas fees and transaction costs

2.1.3 User-Generated Content

• Messages, comments, and communications with AI oracles
• Forum posts, discussions, and community contributions
• Feedback, ratings, and reviews
• Support tickets and customer service communications
• Survey responses and research participation
• User-created predictions and market proposals

2.1.4 Identity Verification Information

• Government-issued identification documents (if required by law)
• Proof of address documents
• Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance data
• Biometric data for enhanced security (with explicit consent)
• Sanctions screening results

2.2 Information Collected Automatically

2.2.1 Device and Access Information

• IP addresses and geolocation data (country, region, city)
• Device identifiers (UDID, advertising IDs, device fingerprints)
• Browser type, version, and language settings
• Operating system and platform information
• Screen resolution and device specifications
• Mobile carrier and network information
• Timestamps and access times

2.2.2 Usage and Analytics Data

• Pages visited, features accessed, and navigation paths
• Time spent on pages and overall session duration
• Click-through rates and interaction patterns
• Search queries and filter selections
• Oracle consultations and AI interaction histories
• Prediction accuracy rates and performance metrics
• Feature adoption and usage statistics
• Error reports, crash logs, and diagnostic data
• Performance metrics and loading times

2.2.3 Cookies and Tracking Technologies

We use various tracking technologies including:

• Essential Cookies: Required for platform functionality, authentication, and security
• Performance Cookies: Analytics and performance monitoring
• Functional Cookies: User preferences and personalization
• Advertising Cookies: Marketing and retargeting (with consent)
• Web Beacons and Pixels: Email tracking and conversion monitoring
• Local Storage: Browser-based data storage for offline functionality
• Session Storage: Temporary data for active sessions

2.3 Blockchain and Public Data

When you connect a cryptocurrency wallet or interact with blockchain networks through our Platform:

• We access publicly available blockchain data associated with your wallet addresses
• This includes transaction histories, token balances, and smart contract interactions
• Historical trading patterns and wallet age information
• DeFi protocol interactions and liquidity provision data
• Wallet reputation scores and on-chain behavior analytics
• Cross-chain activity and bridge transactions
• DAO governance participation and voting records

Important: Blockchain data is inherently public and permanent. We do not control this data, and it cannot be deleted or modified after being recorded on the blockchain.

2.4 Information from Third Parties

We may receive information about you from third-party sources, including:

• Social Media Platforms: When you connect Google, Apple, Twitter, Discord, or other social accounts
• Wallet Providers: MetaMask, Phantom, Backpack, and other Web3 wallet services
• Blockchain Analytics Services: On-chain data enrichment and fraud detection
• Identity Verification Services: KYC/AML compliance providers
• Marketing Partners: Referral sources and campaign performance data
• Data Aggregators: Publicly available information to enhance our services
• Business Partners: Information shared through partnerships and integrations

2.5 AI Training Data

To improve our AI oracle services, we may collect and process:

• User queries and prompts submitted to AI oracles
• User feedback on AI-generated predictions and responses
• Accuracy assessments and outcome validations
• Interaction patterns with different oracle personalities
• Preference data for personalization and recommendation improvements

You may opt out of AI training data collection in your privacy settings, though this may limit personalization features.

3. How We Use Your Information

We use the collected information for the following purposes:

3.1 Service Provision and Platform Operations

• Creating, maintaining, and securing your account
• Processing transactions and managing cryptocurrency operations
• Facilitating prediction market participation and settlements
• Providing AI oracle consultations and predictions
• Managing subscriptions, memberships, and access tiers
• Enabling community features and interactions
• Implementing gamification elements (quests, leveling, XP rewards)
• Providing customer support and responding to inquiries

3.2 Personalization and Enhancement

• Customizing your platform experience based on preferences and behavior
• Recommending relevant predictions, oracles, and content
• Tailoring AI responses to your interaction style
• Displaying personalized dashboards and analytics
• Remembering your settings and preferences across sessions
• Providing localized content and language options

3.3 Security and Fraud Prevention

• Detecting, preventing, and investigating fraudulent activities
• Monitoring for unauthorized access and security threats
• Implementing bot detection and anti-manipulation measures
• Verifying user identities and preventing account takeovers
• Enforcing our Terms of Use and community guidelines
• Conducting risk assessments and compliance monitoring
• Screening for sanctions and restricted jurisdictions

3.4 Analytics and Improvement

• Analyzing usage patterns to improve platform functionality
• Conducting A/B testing and feature experiments
• Developing new features and services
• Training and improving AI models and predictions
• Optimizing platform performance and user experience
• Generating anonymized statistics and market insights

3.5 Communications and Marketing

• Sending transactional emails and platform notifications
• Providing updates on predictions, market outcomes, and account activities
• Delivering newsletters and promotional content (with consent)
• Announcing new features, updates, and partnerships
• Conducting surveys and collecting feedback
• Sending relevant advertising and marketing messages

3.6 Legal and Compliance

• Complying with applicable laws, regulations, and legal processes
• Responding to lawful requests from authorities
• Enforcing our legal rights and defending against claims
• Maintaining records for audit and compliance purposes
• Meeting KYC/AML/CTF regulatory obligations
• Reporting suspicious activities to relevant authorities

3.7 Research and Development

• Conducting research on prediction markets and AI applications
• Developing new prediction methodologies and algorithms
• Publishing aggregated, anonymized research findings
• Collaborating with academic and industry partners

4. Legal Bases for Processing (GDPR Compliance)

For users in the European Economic Area (EEA), United Kingdom, and Switzerland, we process personal data based on the following legal grounds:

• Contractual Necessity: Processing necessary to perform our contract with you and provide Services
• Legitimate Interests: Processing for our legitimate business interests (fraud prevention, analytics, improvement) that do not override your rights
• Consent: Processing based on your explicit consent (marketing, certain cookies, AI training)
• Legal Obligation: Processing required to comply with applicable laws and regulations
• Vital Interests: Processing necessary to protect life or physical safety
• Public Interest: Processing necessary for tasks carried out in the public interest

5. Information Sharing and Disclosure

5.1 Service Providers and Processors

We share information with trusted third-party service providers who perform services on our behalf:

• Cloud Hosting: AWS, Google Cloud, Azure for infrastructure and data storage
• Analytics: Google Analytics, Mixpanel, Amplitude for usage analysis
• Customer Support: Zendesk, Intercom for support ticket management
• Email Services: SendGrid, Mailchimp for transactional and marketing emails
• Payment Processing: Stripe, cryptocurrency payment gateways
• Identity Verification: KYC/AML compliance providers
• Security: Cloudflare, fraud detection and DDoS protection services
• AI Services: OpenAI, Anthropic, and other AI model providers

All service providers are contractually bound to protect your information and use it only for specified purposes.

5.2 Blockchain Transparency

Important Notice: All blockchain transactions are publicly visible and permanently recorded on distributed ledgers. When you interact with our Platform through blockchain networks:

• Your wallet address and transaction details are visible to anyone
• Transaction amounts, timestamps, and smart contract interactions are public
• This information cannot be deleted, modified, or made private
• Blockchain explorers and analytics tools can access this data
• We have no control over how third parties use publicly available blockchain data

5.3 Business Partners and Integrations

• Wallet providers for authentication and transaction processing
• Decentralized exchanges and DeFi protocols
• Data providers for oracle feeds and prediction data
• Marketing and affiliate partners (with appropriate safeguards)
• Academic and research institutions for studies and publications

5.4 Legal Requirements and Protection

We may disclose your information when required or permitted by law:

• To comply with legal obligations, court orders, or subpoenas
• To respond to lawful requests from government authorities
• To enforce our Terms of Use and other agreements
• To protect our rights, property, and safety, or that of others
• To prevent fraud, abuse, or illegal activities
• To report suspicious transactions to financial authorities
• In connection with investigations of violations of law or our policies

5.5 Business Transfers

In the event of a merger, acquisition, reorganization, bankruptcy, or sale of assets, your information may be transferred to the acquiring entity. We will notify you via email and/or prominent notice on our Platform before your information becomes subject to a different privacy policy.

5.6 Aggregated and Anonymized Data

We may share aggregated, anonymized, or de-identified information that cannot reasonably be used to identify you. This may include:

• Platform usage statistics and trends
• Market predictions and outcome analytics
• Research findings and industry reports
• Benchmarking data and performance metrics

5.7 With Your Consent

We may share your information for other purposes with your explicit consent or at your direction, such as when you choose to share your prediction history on social media.

6. Data Security and Protection

6.1 Security Measures

We implement comprehensive technical and organizational security measures to protect your information:

Technical Safeguards:

• End-to-end encryption for sensitive data transmission (TLS 1.3+)
• Encryption at rest for stored data using AES-256
• Secure wallet integration with hardware wallet support
• Multi-factor authentication (MFA) and biometric options
• Regular security audits and penetration testing
• Intrusion detection and prevention systems
• DDoS protection and rate limiting
• Secure API authentication with OAuth 2.0 and JWT tokens
• Web Application Firewall (WAF) protection
• Smart contract security audits by third-party firms

Organizational Safeguards:

• Access controls and role-based permissions
• Employee training on data protection and security
• Confidentiality agreements with all personnel
• Regular security awareness programs
• Incident response and breach notification procedures
• Data minimization and retention policies
• Third-party security assessments and due diligence
• Compliance with ISO 27001 and SOC 2 standards

6.2 Important Security Limitations

Critical Notice: While we implement robust security measures, no system is completely secure. You acknowledge and accept that:

• We never store or have access to your private keys or seed phrases
• You are solely responsible for securing your wallet credentials
• Loss of private keys may result in permanent loss of access to your assets
• Internet transmission is never 100% secure or error-free
• Smart contracts may contain vulnerabilities despite audits
• Blockchain transactions are irreversible and cannot be undone
• You should use strong passwords and enable MFA
• You should never share your authentication credentials

6.3 Data Breach Notification

In the event of a data breach that compromises your personal information, we will:

• Notify affected users within 72 hours of discovery (or as required by law)
• Provide details about the nature and scope of the breach
• Explain the potential risks and consequences
• Describe the measures taken to address the breach
• Offer guidance on protective actions you can take
• Report to relevant data protection authorities as required

7. Data Retention and Deletion

7.1 Retention Periods

We retain your personal information for as long as necessary to fulfill the purposes described in this Privacy Policy, unless a longer retention period is required or permitted by law:

• Account Data: Retained while your account is active and for up to 7 years after account closure (for legal compliance)
• Transaction Records: Retained for 7-10 years as required by financial regulations
• KYC/AML Data: Retained for 5-7 years after relationship termination
• Communications: Retained for 3-5 years for support and dispute resolution
• Analytics Data: Typically aggregated and retained indefinitely in anonymized form
• Legal Hold Data: Retained as required for litigation or investigations
• Blockchain Data: Permanently recorded on public blockchains (cannot be deleted)

7.2 Deletion Procedures

When we no longer need your information, we will:

• Securely delete or destroy the information
• De-identify or anonymize the data for legitimate research or analytics purposes
• Return or transfer data as required by applicable law

Note: Some information may be retained in backup systems for a limited period or as required by law. Blockchain data cannot be deleted once recorded.

8. Your Privacy Rights and Choices

8.1 Access and Portability

You have the right to:

• Access the personal information we hold about you
• Request a copy of your data in a structured, machine-readable format
• Transfer your data to another service provider (data portability)
• Receive information about how we process your data

8.2 Correction and Update

You have the right to:

• Correct inaccurate or incomplete personal information
• Update your profile, preferences, and settings
• Modify your communication preferences

8.3 Deletion and Erasure

You have the right to request deletion of your personal information, subject to certain exceptions:

• We may retain information required for legal compliance
• We may retain information for legitimate business purposes (fraud prevention, dispute resolution)
• Blockchain data cannot be deleted due to its immutable nature
• Archived backup copies may persist for a limited period

8.4 Restriction and Objection

You have the right to:

• Restrict the processing of your personal information in certain circumstances
• Object to processing based on legitimate interests
• Object to direct marketing and profiling
• Opt out of certain data collection activities

8.5 Consent Withdrawal

Where processing is based on consent, you have the right to withdraw consent at any time. This will not affect the lawfulness of processing before withdrawal.

8.6 Automated Decision-Making and Profiling

You have the right to not be subject to decisions based solely on automated processing (including profiling) that produce legal or similarly significant effects, except where:

• Necessary for contract performance
• Authorized by law
• Based on your explicit consent

Our AI oracles provide predictions for entertainment purposes and should not be used for significant decisions. You can request human review of any automated decisions.

8.7 Cookie Controls

You can control cookies through:

• Browser settings to block or delete cookies
• Our cookie consent manager in platform settings
• Opt-out links provided in marketing communications
• Do Not Track (DNT) browser settings (honored where applicable)

8.8 Marketing Communications

You can opt out of marketing communications by:

• Clicking "unsubscribe" in any marketing email
• Updating your notification preferences in account settings
• Contacting us directly at [email protected]

Note: You will continue to receive transactional and service-related communications.

8.9 Exercising Your Rights

To exercise any of these rights:

• Email: [email protected]
• Use the "Privacy Rights" section in your account settings
• Submit a written request to our registered office

We will respond to verified requests within 30 days (or as required by applicable law). We may request additional information to verify your identity before processing requests.

9. International Data Transfers

Predit Market Limited operates globally, and your information may be transferred to, stored, and processed in countries other than your country of residence. These countries may have different data protection laws.

9.1 Transfer Mechanisms

When transferring data internationally, we use appropriate safeguards:

• Standard Contractual Clauses (SCCs) approved by the European Commission
• Adequacy decisions recognizing equivalent data protection
• Binding Corporate Rules for intra-group transfers
• Privacy Shield frameworks where applicable
• Explicit user consent for specific transfers

9.2 Data Processing Locations

Your data may be processed in:

• European Union and European Economic Area
• United States
• United Kingdom
• Singapore
• Other jurisdictions where our service providers operate

9.3 Rights for EEA, UK, and Swiss Users

If you are located in the EEA, UK, or Switzerland, you have additional rights under the General Data Protection Regulation (GDPR) and equivalent laws. You can lodge a complaint with your local data protection authority if you believe we have violated your privacy rights.

10. Children's Privacy

Our Services are not intended for individuals under the age of 18 (or the age of majority in your jurisdiction). We do not knowingly collect, use, or disclose personal information from children.

If you are a parent or guardian and believe your child has provided us with personal information, please contact us immediately at [email protected]. We will take steps to delete such information from our systems.

Age Verification: By using our Services, you represent and warrant that you are at least 18 years old and have the legal capacity to enter into binding contracts.

11. State-Specific Privacy Rights (United States)

11.1 California Privacy Rights (CCPA/CPRA)

If you are a California resident, you have specific rights under the California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA):

• Right to Know: Request disclosure of personal information collected, used, and shared
• Right to Delete: Request deletion of personal information (subject to exceptions)
• Right to Correct: Request correction of inaccurate personal information
• Right to Opt-Out: Opt out of the sale or sharing of personal information
• Right to Limit: Limit the use of sensitive personal information
• Right to Non-Discrimination: Not be discriminated against for exercising privacy rights

Do Not Sell or Share My Personal Information: We do not sell personal information for monetary consideration. We may share information for targeted advertising purposes, which you can opt out of by contacting us or using the "Do Not Sell" link in your account settings.

11.2 Virginia, Colorado, Connecticut, and Utah Privacy Rights

Residents of Virginia, Colorado, Connecticut, and Utah have similar rights to access, correct, delete, and opt out of certain data processing activities.

11.3 Nevada Privacy Rights

Nevada residents may opt out of the sale of certain covered information. We do not currently sell covered information as defined under Nevada law.

12. Cookies and Tracking Technologies

12.1 Types of Cookies We Use

Essential Cookies (Always Active)

Required for platform functionality and cannot be disabled:

• Authentication and session management
• Security and fraud prevention
• Load balancing and performance
• User interface preferences

Performance and Analytics Cookies

Help us understand how you use our Platform:

• Google Analytics (anonymized IP)
• Mixpanel for user behavior analysis
• Error tracking and diagnostics
• A/B testing and feature experiments

Functional Cookies

Enhance your experience and remember your preferences:

• Language and region settings
• Dark mode and display preferences
• Recently viewed oracles and predictions
• Customization and personalization settings

Advertising and Marketing Cookies

Used for targeted advertising (requires consent):

• Google Ads and retargeting pixels
• Social media advertising (Facebook, Twitter, LinkedIn)
• Affiliate tracking and attribution
• Campaign performance measurement

12.2 Third-Party Tracking

We use third-party services that may use cookies and tracking technologies:

• Google Analytics, Tag Manager, and Ads
• Social media plugins and widgets
• Customer support chat widgets
• Payment processor integrations
• Content delivery networks (CDNs)

12.3 Managing Cookies

You can manage cookies through:

• Browser settings (Chrome, Firefox, Safari, Edge)
• Our cookie consent manager
• Privacy browsing/incognito mode
• Browser extensions for cookie management

Note: Disabling certain cookies may limit platform functionality.

13. AI and Machine Learning

13.1 AI Data Processing

Our Platform uses artificial intelligence and machine learning to provide predictions, insights, and personalized experiences. This involves:

• Processing your queries and interactions with AI oracles
• Analyzing patterns to improve prediction accuracy
• Training models on aggregated, anonymized user data
• Personalizing oracle responses based on your preferences
• Generating predictions using historical data and trends

13.2 AI Data Usage Opt-Out

You can opt out of having your interactions used for AI training purposes in your privacy settings. This may limit personalization features but will not affect your ability to use basic Platform services.

13.3 AI Limitations and Disclaimers

Important: AI-generated predictions are for entertainment purposes only and should not be relied upon for important decisions. See our Terms of Use for full disclaimers regarding AI-generated content.

14. Third-Party Links and Services

Our Platform may contain links to third-party websites, applications, and services. We are not responsible for the privacy practices of these third parties. We encourage you to review their privacy policies before providing any personal information.

Third-party services may include:

• Wallet providers (MetaMask, Phantom, Backpack)
• Decentralized exchanges and DeFi protocols
• Social media platforms
• Payment processors
• Analytics and advertising services
• Identity verification providers

15. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, technologies, legal requirements, or other factors. We will notify you of material changes by:

• Posting a prominent notice on our Platform
• Sending an email to your registered email address
• Displaying an in-app notification
• Requiring acceptance for material changes before continued use

Changes become effective upon posting unless otherwise specified. Your continued use of the Services after changes are posted constitutes acceptance of the updated Privacy Policy.

Version History: Previous versions of this Privacy Policy are available upon request.

16. Contact Information and Data Protection Officer

16.1 Privacy Inquiries

For questions, concerns, or requests regarding this Privacy Policy or our data practices:

• Email: [email protected]
• Data Protection Officer: [email protected]
• Mail: Predit Market Limited, [Address], [City], [Country], [Postal Code]
• Support Portal: support.preditmarketoforacles.com

16.2 Response Times

We will respond to privacy inquiries within:

• 30 days for general inquiries
• 45 days for complex requests (with notification)
• Timeframes required by applicable law (GDPR: 30 days, CCPA: 45 days)

16.3 Supervisory Authority

If you are in the EEA, UK, or Switzerland, you have the right to lodge a complaint with your local data protection authority if you believe we have violated your privacy rights.

• EU: Your national Data Protection Authority
• UK: Information Commissioner's Office (ICO) - ico.org.uk
• Switzerland: Federal Data Protection and Information Commissioner (FDPIC)

17. Additional Information for Specific Regions

17.1 European Economic Area (EEA) Users

Predit Market Limited is the data controller for your personal information. We comply with the General Data Protection Regulation (GDPR) and applicable national laws.

17.2 UK Users

We comply with the UK GDPR and Data Protection Act 2018. Our UK representative can be contacted at [email protected].

17.3 Brazilian Users

We comply with Lei Geral de Proteção de Dados (LGPD). Brazilian users have rights similar to GDPR, including access, correction, deletion, and portability.

17.4 Canadian Users

We comply with the Personal Information Protection and Electronic Documents Act (PIPEDA) and applicable provincial privacy laws.

17.5 Australian Users

We comply with the Privacy Act 1988 and Australian Privacy Principles (APPs).