Privacy Policy

Last updated: January 10, 2025

1. Introduction

VEIL is designed with privacy as a core principle. This Privacy Policy explains how we collect, use, and protect your information when you use our decentralized prediction market platform.

We use zero-knowledge proofs and cryptographic techniques to ensure your trading activity remains private while maintaining the transparency and security of the blockchain.

2. Information We Collect

Wallet Address: We collect your public wallet address when you connect to the Platform. This is necessary for blockchain transactions and cannot be avoided in a decentralized system.

Transaction Data: Your trades and transactions are recorded on the Avalanche blockchain. While transaction hashes and timestamps are public, your trading positions and balances are encrypted using zero-knowledge technology.

Usage Analytics: We collect minimal, anonymized analytics data to improve the Platform, including page views, feature usage, and performance metrics. No personally identifiable information is collected.

3. How We Use Your Information

We use collected information to:

  • Process your trades and transactions on the blockchain
  • Provide customer support and respond to inquiries
  • Improve Platform functionality and user experience
  • Detect and prevent fraud, abuse, and security threats
  • Comply with legal obligations and regulatory requirements

4. Zero-Knowledge Privacy

VEIL implements zero-knowledge cryptography to protect your privacy. Your trading positions, balances, and market activity are encrypted and cannot be viewed by VEIL, other users, or third parties.

Only you can decrypt and view your private trading data using your wallet's private key. We cannot access, modify, or disclose your encrypted information.

5. Blockchain Transparency

While your trades are private, certain information is recorded on the public Avalanche blockchain for transparency and security. This includes:

  • Transaction hashes and timestamps
  • Smart contract interactions
  • Gas fees and transaction costs

This blockchain data is permanent and cannot be deleted. However, it does not reveal your trading positions or balances due to zero-knowledge encryption.

6. Third-Party Services

VEIL integrates with third-party services, including:

  • Wallet providers (MetaMask, WalletConnect, Coinbase Wallet, etc.)
  • Blockchain infrastructure providers (RPC nodes, indexers)
  • Analytics services (anonymized usage data only)

These services have their own privacy policies that govern how they handle your data. We encourage you to review their policies before using their services.

7. Cookies and Tracking

We use minimal cookies and local storage to maintain your session and preferences. These include:

  • Session cookies for authentication and security
  • Preference cookies for UI settings and language
  • Analytics cookies for anonymized usage tracking

You can disable cookies in your browser settings, but this may affect Platform functionality.

8. Data Security

We implement industry-standard security measures to protect your information, including:

  • End-to-end encryption for sensitive data
  • Secure HTTPS connections
  • Regular security audits and penetration testing
  • Multi-signature wallet controls for platform funds

However, no system is completely secure. You are responsible for maintaining the security of your wallet and private keys.

9. Your Privacy Rights

You have the right to:

  • Access any personal data we hold about you
  • Request correction of inaccurate data
  • Request deletion of off-chain data (blockchain data cannot be deleted)
  • Opt out of analytics and marketing communications
  • Export your data in a portable format

To exercise these rights, contact us at privacy@veil.market.

10. International Users

VEIL is a decentralized platform accessible globally. If you access the Platform from outside our primary jurisdiction, you acknowledge that your data may be transferred and processed in different countries.

We comply with applicable data protection laws, including GDPR for European users and CCPA for California residents.

11. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of material changes via email or platform notification. Continued use of the Platform after changes constitutes acceptance of the updated policy.

12. Contact Us

If you have questions about this Privacy Policy or how we handle your data, please contact us at:
Email: privacy@veil.market
Support: veil.market/support

Questions?

Contact us at legal@veil.market

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