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Privacy Policy

Update Date: May 1st, 2023

This privacy statement describes how Ideal Function Limited ("the Company", "we", "our") collects, uses, and stores personal information of users ("you", "your") through our products and services, including websites, applications, and APIs (collectively "Products and Services").

By using our services, you agree to the terms of this statement. If you have not yet accessed our Services, we recommend that you review these Terms before doing so. If you do not agree with any part of this privacy statement, please do not use any of our services.

What personal information do we collect?

When you use our Products and Services, we collect the minimum amount of information necessary to fulfill the purposes of the Products and Services. This may include:

  • Account information: such as the account ID you create and account information you authorize through OAuth.
  • Contact information: such as your email address.
  • Technical information: such as the blockchain address you bind, device and browser type, operating system, and other technical data.

In addition, we do not collect or store any other personal information about you, and any personal information you obtain from other platforms through our Products and Services will be stored on your local device and will not be collected, analyzed, or tracked by us. We will never ask you to share your private key or wallet mnemonic. Never trust anyone or any website that asks you to enter your private key or wallet seed.

How do we use personal information?

We do not have access to the personal information stored on your local device. The minimal personal information we collect will be used in the following ways:

  • Use of our Products and Services: To enable you to access and use the Services and to provide and deliver products and services that you may request.
  • Make better communication: We utilize your personal information to inform you of potential promotions, upcoming events, and other relevant updates about our products and services, as well as those of our carefully selected partners.
  • Optimize our platform: To optimize your user experience, we may use your information to respond to your comments and questions about the Services and to provide general customer service to you and other users.

How do we share personal information？

We do not share the personal information you provide to us with other organizations without your consent. We only share personal information with third parties under the following circumstances：

  • Affiliates: We will share personal information with our affiliates to maintain a consistent user experience between the products and services we provide to you.
  • Business Transfer: When we enter into or negotiate a business transaction, we may share personal information related to the sale or transfer of all or part of our business or assets. These transactions may include any merger, financing, acquisition or bankruptcy transaction or procedure.
  • Legal reasons: We may share personal information for legal, protection, and security purposes.
  • Professional Advisors and Service Providers: We may share information with individuals or companies that require information to work for us, including third-party companies and individuals who represent and provide services, as well as lawyers, bankers, auditors, and insurance companies.

The personal information we provide in our Products and Services is shared directly by you with other companies or entities you choose, and you can choose to use a clear/privacy-proof method for them to use.

Privacy Rights and Choices

You may access the information you voluntarily provide through your account on the Services, and update or delete such information yourself. You can request contact@padolabs.org to view, correct or delete information on the server.

Minors

We do not allow individuals under the age of 16 to register for an account. If we become aware that a child or minor under the age of 16 has used our Products and Services, we will use notice to inform them that they may not use the Website, and then we will stop serving that account and delete the information.

Changes to the Privacy Statement

We may update this Privacy Statement from time to time and will post the updated Privacy Statement on our website with the "Last Updated" date at the top. We recommend checking the Privacy Statement periodically for the latest information. Nevertheless, ongoing utilization of our Products or Services subsequent to posting any modified Privacy Policy will signify your acceptance of the revised Terms and Conditions as per the modified Privacy Policy.

This Privacy Statement does not apply to any products, services, websites or content that are provided or owned by third parties with their own privacy policies.

Contact Us

If you have any questions or concerns regarding this Privacy Statement, please email us at contact@padolabs.org.