1. Introduction
Pennyfy Market ("The Company", "we", "our", or "us") is committed to protecting your privacy and handling your personal data in a transparent and secure manner.
This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you access or use our platform, including any website, mobile application, or related services (collectively with the "Platform").
By accessing or using Pennyfy Market, you acknowledge that you have read, understood, and agreed to this Privacy Policy.
2. Nature of the Platform
Pennyfy Market is a gamified, entertainment-based prediction platform.
We do NOT provide:
- Financial services, brokerage, or gambling services
- Real-money trading transactions
All participation is conducted using virtual points (Pennyfy Market Points) with no monetary value. This distinction affects how your data is collected and used.
3. Information We Collect
We collect information in the following categories:
3.1 Information You Provide
When you register or interact with the Platform:
- Full name, Email address, Phone number
- Date of birth (for age verification)
- Username and profile details
- Communications with us (support requests, feedback)
3.2 User Activity & Prediction Data
- Predictions submitted
- Scores and rankings
- Interaction with markets
- Gameplay behavior
This data may be publicly visible within the Platform.
3.3 Device & Technical Information
Automatically collected data includes:
- IP address
- Browser type and version
- Device identifiers
- Operating system
- Access times and log data
3.4 Cookies & Tracking Technologies
We use cookies, pixels, and similar technologies to:
- Authenticate users
- Store preferences
- Analyze usage patterns
- Improve platform performance
3.5 Analytics & Platform Performance Data
We may use third-party analytics tools to collect:
- Session duration
- Feature engagement
- Navigation patterns
3.6 User-Generated Content
Includes: Predictions, comments, messages, feedback
4. How We Use Your Information
We process your information for the following purposes:
4.1 Platform Operation
- Create and manage accounts
- Enable participation in prediction activities
- Maintain leaderboards and rankings
4.2 Platform Improvement
- Analyze user behavior
- Optimize performance and features
- Develop new functionalities
4.3 Communication
- Send service-related notifications
- Respond to inquiries and support requests
- Notify users of updates or changes
4.4 Security & Integrity
- Detect and prevent fraud or abuse
- Monitor suspicious activity
- Enforce Terms & Conditions
4.5 Legal Compliance
Comply with applicable laws and regulatory requirements
5. Legal Basis for Processing
We process personal data under the following legal bases:
6. Data Sharing & Disclosure
We do NOT sell personal data or share your information with third parties for marketing purposes.
6.1 Service Providers
We may share data with:
- Cloud hosting providers
- Analytics providers
- Infrastructure and security vendors
These providers are contractually obligated to protect your data.
6.2 Legal Authorities
We may disclose data to:
- Comply with legal obligations
- Respond to lawful requests
- Protect rights, safety, or property
6.3 Business Transfers
In the event of merger, acquisition, or asset sale, your data may be transferred as part of the transaction.
7. Public Data & Transparency
Certain platform data may be publicly visible, including:
By accepting this privacy policy, you acknowledge that:
- Public data may be viewed by other users
- Public data may be indexed or shared externally
8. Data Retention
We retain your data:
- For as long as your account is active
- As necessary for legal, regulatory, or operational purposes
We may:
- Delete data upon request (subject to legal limitations)
- Anonymize data for analytics
9. Your Rights
Depending on your jurisdiction, you may have the right to:
To exercise your rights, contact contact@promade.com.co
10. Data Security
We implement industry-standard security measures including:
However, no system is completely secure. You use the Platform at your own risk.
11. Automated Processing
We may use automated systems to:
- Score predictions
- Rank users
- Detect suspicious behavior
These systems do not produce legal or financial consequences and are used strictly for gameplay and platform integrity.
12. Third-Party Links & Services
The Platform may include links to third-party websites or services.
- We are not responsible for their privacy practices
- We are not responsible for their content
- Use of third-party services is at your own risk
13. Cookies Policy
We use cookies to:
- Maintain session functionality
- Improve performance
- Analyze usage
You may control cookies through your browser settings.
14. Changes to This Policy
We may update this Privacy Policy periodically.
- Updates will be posted on the Platform
- Your continued use of the Site following the posting of changes will be deemed your acceptance of those changes