Last updated: April 2019
The Fundabit GmbH (i.G.) (developers, contractors or founders of Fundabit) (“we”, “our”, “us”) cares deeply about your privacy and is committed to protecting and respecting it. Please read this policy carefully, as it sets out the basis on how we will collect, use and process the data or information we collect from you, or that you provide to us, in connection with your use of our Fundabit branded application accessible through https://fundabit.co or https://app.fundabit.co (“Fundabit”) as well as your related rights and obligations.
For the purpose of the General Data Protection Regulation (the “GDPR”), we are the data controller with regards to the part of the Fundabit application that is controlled by us and not by the network of miners of the Ethereum blockchain.
It is important to note that Fundabit is part of the Web 3 movement. Being highly decentralized, it is powered by the Ethereum Virtual Machine and the Inter Planetary File System (IPFS). It is therefore not under full control of any legal entity or private individual. While we have developed and will continue to develop Fundabit, we do not operate or control it fully and/or all the content made available by its users. We do operate the web-interface (https://app.fundabit.co) used to access the decentralized application.
Because the current version of Fundabit is in early development, we may ask you to review and accept new or supplemental terms that apply to your interaction with Fundabit and newly introduced functionalities in the future.
1.1 We use Google Analytics, a web analytics tool that uses first-party cookies to track user interactions, to collect information about how users use our site and improve Fundabit. This may include information lice internet protocol (IP) addresses, browser type, Internet Service Provider (ISP), date and time stamp, referring/exit pages, and possibly the number of clicks. These are not linked to any information that is personally identifiable. The information disclose website trends without identifying individual visitors. You can opt out of Google Analytics without affecting how you visit our site – for more information on opting out of being tracked by Google Analytics across all websites you use, visit this Google page: https://tools.google.com/dlpage/gaoptout.
1.2 You may provide information by contacting us via our website or through text fields. The information we collect is different depending on your activity on Fundabit. All user accounts need to fill out their username and public Ethereum wallet address. Funders are users that financially support creators. Creators are users that have created a community page to start receiving support from funders. Creators need to provide the name of their project, a banner image, what they are creating, any rewards they are offering and the financial goals they have. Optionally, any user may add their email address or a profile picture.
1.3 We collect information about the funders, regarding the creators they support, the level at which and how often they support them, as well as the rewards they receive. We also collect information about the creators, regarding who supports their project and to what level. Please be aware that since payments are done via the Ethereum blockchain, information about sent and received payments is publicly available.
2.1 As it is in our legitimate interests to be responsive to you and to ensure the proper functioning of our organisation and services, we will use your information to:
3.1 Information you provide on your user profile or posted on public timelines can be viewed by the public worldwide. Please do not submit any information to you would not want to be publicly available. Please note that search engines may index information which you make public.
3.2 Your user profile and other information will be available to and downloadable by other users of Fundabit.
3.4 We share your information with selected recipients, which include:
3.5 We will share your information with law enforcement agencies, public authorities or other organisations if legally required to do so, or if we have a good faith belief that such use is reasonably necessary to:
4.1 Some publicly available user content (including images but excluding personal information) collected in connection with the use of Fundabit will be stored electronically using global decentralised storage technology. However, there is no guarantee that information that we store may not be accessed, collected, used, disclosed, copied, modified, or deleted by breach of any technical or operational safeguards that we have in place. We will not be keeping physical files of any user content.
4.2 The information that we collect from you will be transferred to, and stored at/processed within the EEA, Switzerland, the United States and in other countries where our third parties are located. We will take all steps reasonably necessary to ensure that your personal data is treated securely and in accordance with this policy. We have provided further details below regarding the steps taken to ensure adequacy of the processing of your personal data.
4.3 Unfortunately, no data transmitted via the Internet can be guaranteed to be wholly secure during transmission. As such, we cannot warrant the security of any information you transmit to us before we receive it and any transmission is at your own risk. Once we have received your information, we will take appropriate technical and organisational measures to safeguard your personal data against loss, theft and unauthorised use, access or modification.
4.4 We will, from time to time, host links to and from the websites of our affiliates or third parties. If you follow a link to any of these websites, these websites will have their own privacy policies and we do not accept any responsibility or liability for these policies. Please check these policies before you submit any information to those websites.
4.5 We will retain your information if you contact us via email or your technical usage of Fundabit for 12 months.
5.1 You may not fully delete any content (including images but excluding personal information) published through Fundabit on the underlying IPFS storage layer. When you remove data, it is only delisted on the Fundabit platform which makes it more difficult to be found for others. However, removed data persist without any time limitation and may still be available to others. It is envisaged that updated versions of the Fundabit platform will offer the functionality to self-remove personal data. For the current version, however, we require you to send an according request to email@example.com
5.2 We require you to take appropriate steps to keep confidential any data that you do not want shared. Do not disclose personal data on Fundabit. If you receive personal data from others on Fundabit, use it appropriately and keep it confidential – assume that such data is being disclosed only for your personal use and not to be shared with others.
5.3 Please note that when creating an account on Fundabit, you will connect your personal data to an Ethereum Address (i.e. public key). As a creator, the cryptocurrency balance of your project that’s connected to your public key will be displayed publicly. Therefore, we recommend you set up a new address.
5.4 We set out below an outline of those rights and how to exercise those rights. Please note that we will require you to verify your identity before responding to any requests to exercise your rights. To exercise any of your rights, please email firstname.lastname@example.org. Please note that for each of the rights below we may have valid legal reasons to refuse your request, in such instances we will let you know if that is the case.
Fundabit is not directed at children. We do not knowingly collect any Personal Identifiable Information from children under the age of 13 and they may not create an account or otherwise use Fundabit.
Any changes we will make to this policy in the future will be posted on this page. Please check back frequently to see any updates or changes to this policy.
Questions, comments, requests, and complaints regarding this policy or about how we process your personal data are welcomed and should be addressed to email@example.com.
Infrequent and awesome