Privacy Policy
Last updated: December 11, 2024
BLOCKCHAIN TRANSPARENCY NOTICE
Baozi.bet is a decentralized protocol on the Solana blockchain. All transactions, bets, and market interactions are publicly recorded on the blockchain and are permanently visible to anyone. This is an inherent property of blockchain technology that cannot be changed or hidden.
Table of Contents
1Overview
This Privacy Policy describes how Baozi.bet ("Protocol," "we," "us," or "our") handles information when you use our decentralized prediction market protocol, including our website, user interface, and associated services.
As a decentralized protocol, we operate differently from traditional web services. We do not create user accounts, do not require registration, and do not collect personal identification information. However, certain information is inherently public due to the nature of blockchain technology.
Blockchain Data (Public)
IMPORTANT: The following information is permanently and publicly recorded on the Solana blockchain. This data cannot be deleted, modified, or hidden. Anyone can view this information.
When you interact with Baozi.bet, the following information is recorded on the public blockchain:
- Wallet Address: Your public Solana wallet address associated with all your transactions
- Transaction History: All bets placed, markets created, winnings claimed, and other protocol interactions
- Bet Amounts: The amount of SOL wagered on each market position
- Timestamps: When each transaction occurred
- Market Interactions: Which markets you created, participated in, or resolved
- Creator Profiles: If you create a creator profile, your display name and fee settings
This blockchain data is:
- Permanently stored and cannot be deleted
- Publicly accessible to anyone with an internet connection
- Linkable to your wallet address (and potentially to your identity if your wallet is associated with you)
- Not controlled by us - it exists on the decentralized Solana network
Information We Collect
Beyond blockchain data, we may collect limited additional information:
Automatically Collected Information
- Device Information: Browser type, operating system, device type
- Usage Data: Pages visited, features used, time spent on site
- IP Address: May be collected in server logs (typically not stored long-term)
- Referral Information: How you arrived at our site
Information We Do NOT Collect
- Name, email, phone number, or other personal contact information
- Government-issued identification
- Financial information (bank accounts, credit cards)
- Social Security numbers or tax identification
- Private keys or seed phrases (never share these with anyone)
NON-CUSTODIAL: We do not have access to your wallet, funds, or private keys. Your wallet connection is handled entirely by your browser wallet extension (Phantom, Solflare, etc.).
How We Use Information
The limited information we collect is used for:
- Protocol Operation: Displaying your positions, transaction history, and market data
- User Interface: Providing a functional and responsive interface
- Analytics: Understanding how the Protocol is used to improve functionality
- Security: Detecting and preventing abuse, fraud, or technical issues
- Legal Compliance: Responding to legal requests if required
7Third-Party Services
The Protocol integrates with or links to third-party services:
- Solana Blockchain: Public blockchain network for transaction processing
- RPC Providers: Services that connect you to the Solana network (Helius, etc.)
- Wallet Providers: Phantom, Solflare, and other wallet extensions
- Analytics: May include services like Vercel Analytics or similar
These third parties have their own privacy policies. We encourage you to review them.
Security
We implement reasonable security measures to protect information under our control. However:
- No system is 100% secure
- Blockchain data is public by design and cannot be secured
- You are responsible for securing your own wallet and private keys
- We cannot recover lost or stolen funds
WARNING: Never share your private keys or seed phrase with anyone, including anyone claiming to represent Baozi.bet. We will never ask for this information.
9Data Retention
Data retention varies by type:
- Blockchain Data: Permanent and immutable - cannot be deleted
- Server Logs: Typically retained for 30-90 days
- Analytics Data: Retained according to our analytics provider's policies
- Local Storage: Cleared when you clear browser data
10Your Rights
Depending on your jurisdiction, you may have certain rights regarding your personal information:
- Access: Request information about data we hold
- Correction: Request correction of inaccurate data
- Deletion: Request deletion of data (note: blockchain data cannot be deleted)
- Portability: Request a copy of your data
- Objection: Object to certain processing activities
Important: We cannot delete, modify, or restrict access to data recorded on the blockchain. This includes your wallet address, transaction history, and all on-chain interactions.
11Children's Privacy
The Protocol is not intended for anyone under 18 years of age (or the age of majority in your jurisdiction). We do not knowingly collect information from children. If we learn that we have collected information from a child, we will take steps to delete it.
International Users
The Protocol operates globally. By using the Protocol, you consent to the transfer, processing, and storage of information in jurisdictions that may have different data protection laws than your own. Blockchain data is replicated across nodes worldwide and is not stored in any single jurisdiction.
Changes to This Policy
We may update this Privacy Policy from time to time. Changes will be posted on this page with an updated "Last updated" date. Your continued use of the Protocol after changes constitutes acceptance of the revised policy.
Contact Us
If you have questions about this Privacy Policy or our data practices, please contact us through our official communication channels listed on the Protocol website.
Privacy Summary
- We don't collect personal information or require registration
- All blockchain transactions are public and permanent
- We don't have access to your wallet or funds
- Limited analytics data may be collected for site improvement
- We don't sell your data
- Blockchain data cannot be deleted