Velocity Markets
Privacy Policy
Effective Date: 12 April 2026
Last Updated: 12 April 2026
app.velocitymarkets.io
This document describes how Velocity Markets collects, uses, and protects your information when you use our decentralised motorsport prediction platform.
1. Introduction
Velocity Markets ("we," "our," or "us") operates the decentralised motorsport prediction platform accessible at app.velocitymarkets.io and www.velocitymarkets.io (collectively, the "Platform"). This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you access or use our Platform.
By connecting your wallet and using the Platform, you acknowledge that you have read, understood, and agree to the terms of this Privacy Policy. If you do not agree with these terms, please do not access or use the Platform.
2. Information We Collect
2.1 Information You Provide
Given the decentralised nature of our Platform, we minimise the personal information we collect. We do not require traditional account registration (e.g., name, email, or password). The information you may provide includes:
- Wallet address - your Solana wallet public address, which is used to identify you on the Platform and process predictions.
- Transaction data - records of your predictions, staking activity, payouts, and interactions with the Platform's smart contracts.
- Communication data - if you contact us through community channels (Discord, Telegram, Twitter/X, or email), we may collect the information you share.
2.2 Information Collected Automatically
When you access or use the Platform, we may automatically collect certain technical information:
- Device and browser information (device type, OS, browser type/version, screen resolution).
- Usage data (pages visited, features used, time spent, interaction patterns).
- Log data (IP address, access times, referring URLs, and error logs).
- Cookies and similar technologies (cookies, local storage, and related mechanisms for experience and analytics).
2.3 Blockchain Data
Transactions on the Solana blockchain are publicly visible by design. Your wallet address, transaction amounts, and prediction activity recorded on-chain are accessible to anyone and are not within our control. We do not consider publicly available blockchain data to be private information.
Important: Blockchain transactions are permanent and publicly visible. We cannot delete or modify on-chain data. Exercise caution when connecting your wallet and placing predictions.
3. How We Use Your Information
We use collected information for:
- Platform operation (predictions, payouts, pool settlement, smart contract functionality).
- Platform improvement (usage analysis, issue diagnosis, UX improvement).
- Security and fraud prevention.
- Communication and support.
- Compliance with applicable laws and legal processes.
- Analytics and product development decisions.
4. Legal Basis for Processing
Where required by law, we rely on the following legal bases:
| Legal Basis | Purpose |
|---|---|
| Contractual necessity | To provide you with access to the Platform and its core functionality, including processing predictions and payouts. |
| Legitimate interests | To improve, secure, and optimise the Platform; to detect and prevent fraud; and to conduct analytics. |
| Legal obligations | To comply with applicable laws, regulations, or legal processes. |
| Consent | Where we use cookies or similar technologies for non-essential purposes, we will seek your consent. |
6. Data Security
We implement reasonable technical and organisational measures to protect your information, including encryption in transit, access controls, and regular security reviews.
No transmission or storage method is completely secure. While we strive to protect your information, we cannot guarantee absolute security.
Your wallet security is your responsibility. Never share private keys or seed phrases. We will never ask for your private keys.
8. Third-Party Services
The Platform may contain links to third-party services (e.g., wallet providers, blockchain explorers, and social media platforms). We are not responsible for third-party privacy practices.
Review the privacy policies of third-party services you access. Your interactions with them are governed by their own policies.
9. Data Retention
We retain off-chain information only as long as necessary for the purposes described in this policy, unless a longer period is required by law.
On-chain data (including wallet addresses and transaction records on Solana) is permanent and cannot be deleted or modified.
10. Your Rights
Depending on your jurisdiction, you may have rights including:
- Right of access
- Right to rectification
- Right to erasure (excluding immutable on-chain data)
- Right to restrict processing
- Right to data portability
- Right to object
- Right to withdraw consent
To exercise these rights, contact us using Section 14 details.
11. Children's Privacy
The Platform is not intended for individuals under 18. We do not knowingly collect personal information from minors. If we learn we collected such information, we will take steps to delete it promptly.
12. International Data Transfers
Information may be transferred to, stored, and processed in countries other than your country of residence, where data protection laws may differ.
By using the Platform, you consent to such transfers. Where required, we will implement appropriate safeguards.
13. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. Material changes are notified by posting the updated policy and updating the "Last Updated" date.
Continued use of the Platform after changes constitutes acceptance of the revised policy. Review this policy periodically.
14. Contact Us
If you have questions, concerns, or requests regarding this Privacy Policy or our data practices, contact us through:
| Channel | Details |
|---|---|
| Website | www.velocitymarkets.io |
| Platform | velocitymarkets.io |
| Community | Discord, Telegram, Twitter/X |
15. Governing Law
This Privacy Policy is governed by and construed in accordance with the laws of the jurisdiction in which Velocity Markets operates, without regard to conflict of law principles.
© 2026 Velocity Markets. All rights reserved.
