PERSONAL DATA AND PRIVACY POLICY

At yay.network ("we," "us," or "our"), we are committed to protecting and respecting your privacy. This Personal Data and Privacy Policy explains how we collect, use, share, and safeguard your personal information when you access and use our website, services, or products, including but not limited to participating in investment deals and staking our YAY token. By using our website, you agree to the collection and use of your data as described in this policy.

1. Information We Collect

We collect personal data that is necessary for us to provide our services and to comply with legal and regulatory obligations. The information we collect includes, but is not limited to:

1.1 Personal Identification Information

  • Name
  • Email address
  • Date of birth
  • Physical address
  • Phone number
  • Government-issued identification (passport, national ID, etc.)

1.2 Financial Information

  • Cryptocurrency wallet addresses
  • Payment information (for token purchases or other transactions)

1.3 KYC and AML Compliance Data

  • Identity verification documents (e.g., passport, utility bill, etc.)
  • Any information necessary for us to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

1.4 Usage Data

  • Information about how you use our website, including your IP address, browser type, operating system, referring URLs, and pages viewed on our site.
  • Data related to staking YAY tokens and participating in investment deals.
  • Cookies and similar technologies (for more details, refer to our [Cookie Policy]).

2. How We Use Your Data

We use your personal data for the following purposes:

2.1 To Provide Our Services

  • Facilitating the staking of YAY tokens and participation in investment opportunities.
  • Processing transactions, including token purchases or distributions related to investments.
  • Providing customer support and responding to your inquiries.

2.2 Compliance with Legal Obligations

  • Verifying your identity and conducting necessary background checks for KYC and AML purposes.
  • Complying with applicable laws, regulations, and legal requests.

2.3 Improving User Experience

  • Analyzing usage data to enhance the performance and functionality of our website.
  • Personalizing your experience by remembering your preferences and improving our services.

2.4 Marketing and Communication

Sending you emails and notifications related to our services, including announcements of new investment deals, platform updates, and promotional content (you can opt out of marketing communications at any time).

3. Legal Basis for Processing Personal Data (For EEA Users)

If you are located in the European Economic Area (EEA), our legal basis for collecting and using your personal data depends on the type of information and the specific context in which we collect it. We may process your data because:

  • You have given us your consent.
  • We need to perform a contract with you (e.g., providing access to our investment deals).
  • We have a legal obligation (e.g., compliance with KYC/AML laws).
  • It is in our legitimate interests (e.g., improving our services, preventing fraud).

4. How We Share Your Data

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

4.1 With Service Providers

We may share your data with third-party service providers who help us provide and improve our services, such as KYC verification providers, payment processors, and cloud storage providers. These third parties are bound by confidentiality agreements and are not allowed to use your data for any purpose other than to assist us.

4.2 To Comply with Legal Obligations

We may disclose your personal data to regulatory authorities, law enforcement agencies, or other third parties if we are required to do so by law or to protect our legal rights.

4.3 Business Transfers

If yay.network is involved in a merger, acquisition, or sale of assets, your personal data may be transferred to the acquiring entity as part of the transaction. You will be notified of any change in ownership or use of your data.

5. Data Security

We take data security seriously and implement appropriate technical and organizational measures to protect your personal data from unauthorized access, loss, alteration, or destruction. These measures include:

  • Encryption of sensitive data during transmission (e.g., using SSL technology).
  • Secure storage of personal data in encrypted databases.
  • Restricted access to personal data to authorized personnel only.
  • Regular security assessments and audits.

While we strive to protect your data, no method of electronic storage or transmission is completely secure, and we cannot guarantee absolute security.

6. Your Rights

Depending on your location and applicable data protection laws, you may have the following rights regarding your personal data:

6.1 Right to Access

You have the right to request access to the personal data we hold about you.

6.2 Right to Rectification

If your personal data is inaccurate or incomplete, you have the right to request corrections.

6.3 Right to Erasure (Right to be Forgotten)

You may request the deletion of your personal data, subject to certain legal or regulatory obligations that may require us to retain certain information.

6.4 Right to Restrict Processing

You may request that we restrict the processing of your personal data in certain circumstances.

6.5 Right to Data Portability

You have the right to request a copy of your personal data in a structured, machine-readable format and to transfer that data to another controller where technically feasible.

6.6 Right to Object

You have the right to object to the processing of your personal data for direct marketing purposes or other legitimate interests.

6.7 Right to Withdraw Consent

If we process your personal data based on your consent, you can withdraw your consent at any time.

To exercise any of these rights, please contact us at [email protected].

7. Data Retention

WWe will retain your personal data for as long as is necessary to fulfill the purposes for which it was collected or to comply with legal and regulatory obligations. For example:

  • We will retain your KYC/AML data for as long as required by applicable financial regulations.
  • Transactional records, such as staking YAY tokens, will be retained for audit purposes.

Once your data is no longer needed, we will securely delete or anonymize it.

8. International Data Transfers

Your personal data may be transferred to and processed in countries outside of your country of residence, including countries that may not have the same data protection laws as your jurisdiction. When we transfer your data internationally, we will take appropriate safeguards to ensure that your data remains protected, in accordance with applicable privacy laws.

9. Cookies and Tracking Technologies

We use cookies and similar tracking technologies to collect information about your browsing activities on our website. For more information, please review our [Cookie Policy].

10. Updates to This Privacy Policy

We may update this Personal Data and Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any significant changes by posting the updated policy on our website and, if applicable, by sending you an email. Please review this page periodically to stay informed about how we protect your data.

11. Contact Us

If you have any questions or concerns about this Personal Data and Privacy Policy or our data practices, please contact us at: [email protected]

By using our platform, you agree to the terms of this Personal Data and Privacy Policy.

LAST UPDATED: 03/12/2024