Privacy Policy

Effective Date: Q4 2026

1. Introduction

Prydo is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use the Prydo platform, including our website, smart contracts, and decentralized applications.

2. Information We Collect

We collect minimal data necessary for platform operation: wallet addresses you use to interact with our smart contracts; transaction data recorded on public blockchains; voluntary profile information you choose to submit; and usage analytics collected in anonymized, aggregated form.

3. How We Use Your Information

Information is used to: operate and improve the Prydo platform; process on-chain transactions; facilitate governance participation; communicate important platform updates; and comply with applicable legal obligations.

4. Blockchain Transparency

All blockchain transactions are public by nature. Wallet addresses, token transfers, NFT ownership records, and governance votes are permanently visible on-chain. We have no ability to modify or delete on-chain data.

5. Zero-Knowledge Principles

Prydo does not require or store personally identifiable information such as your real name, government ID, email address, or phone number. Authentication is handled via Internet Identity and/or Web3 wallet signatures.

6. Third-Party Services

We may use third-party analytics, hosting, and infrastructure providers. These services are governed by their own privacy policies. We select providers that maintain strong data protection standards.

7. Data Retention

Off-chain data is retained only as long as necessary to provide platform services. On-chain data is immutable and retained permanently per the nature of blockchain technology.

8. Your Rights

You have the right to access, correct, or request deletion of off-chain personal data we hold. For on-chain data, technical immutability limits our ability to comply with deletion requests.

9. Security

We implement industry-standard security measures including multi-signature treasury controls, smart contract audits, and encryption of off-chain data at rest and in transit.

10. Contact

For privacy-related inquiries, contact the Prydo team via official social channels or the contact form on our website.

Terms of Service

Effective Date: Q4 2026

1. Acceptance of Terms

By accessing or using the Prydo platform, you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the platform.

2. Eligibility

You must be at least 18 years of age to use Prydo. By using the platform, you represent that you meet this requirement and have the legal capacity to enter into these terms.

3. Platform Use

Prydo grants you a limited, non-exclusive, non-transferable license to access and use the platform for personal, non-commercial purposes. You may not use the platform for illegal activities, harassment, or violations of applicable law.

4. Wallet & Keys

You are solely responsible for maintaining the security of your wallet private keys. Prydo does not have access to your private keys and cannot recover lost keys or assets.

5. Prydo ID Ownership

Prydo IDs are Soulbound Tokens — non-transferable and permanently linked to your wallet. Minting a Prydo ID grants platform membership rights as described in the whitepaper. Prydo IDs do not represent equity, dividends, or investment contracts.

6. Prohibited Conduct

You agree not to: attempt to circumvent platform security; impersonate other users or the Prydo team; use bots or automation to manipulate governance; post content that is hateful, discriminatory, or illegal; or engage in market manipulation of the PRY token.

7. Intellectual Property

Prydo retains rights to its brand, codebase, and platform design. NFT art ownership as recorded on-chain belongs to the token holder. The Prydo name and logo may not be used without written permission.

8. Disclaimer of Warranties

The platform is provided "as is" without warranties of any kind. Prydo does not guarantee uninterrupted access, freedom from bugs, or specific outcomes from platform participation.

9. Limitation of Liability

To the fullest extent permitted by law, Prydo shall not be liable for any indirect, incidental, consequential, or punitive damages arising from your use of the platform.

10. Changes to Terms

Prydo reserves the right to update these terms. Material changes will be communicated via official channels. Continued use after changes constitutes acceptance.

NFT Disclaimer

Prydo Identity NFTs & Pride NFT Collection — Important Information

1. Not a Security or Investment

1.1 General Disclaimer

Prydo NFTs — including Prydo Identity NFTs and Pride NFT Collection pieces — are digital collectibles and community membership tokens. They do not represent equity, debt, investment contracts, or securities of any kind.

1.2 No Profit Expectation

Purchasing a Prydo NFT should not be done with the primary expectation of profit. NFTs may increase or decrease in value. Past performance of other NFT collections is not indicative of future performance of Prydo NFTs.

1.3 Regulatory Uncertainty

The legal and regulatory status of NFTs varies by jurisdiction and continues to evolve. Prydo makes no representations regarding the legal classification of its NFTs in any specific jurisdiction.

2. Soulbound Identity NFTs (Prydo IDs)

2.1 Non-Transferable by Design

Prydo ID NFTs are Soulbound Tokens (SBTs). They are intentionally non-transferable. Once minted to a wallet address, they cannot be moved, sold, or delegated to another address.

2.2 Wallet Responsibility

Because Prydo IDs are permanently bound to a wallet, users are solely responsible for securing their wallet private keys. Loss of wallet access results in permanent loss of the associated Prydo ID. Prydo cannot recover, reissue, or transfer IDs under any circumstances.

2.3 No Resale Market

Soulbound NFTs cannot be listed on secondary markets. There is no resale value for Prydo IDs. The value of a Prydo ID is exclusively in the platform membership rights, governance privileges, and community access it represents.

2.4 Tier Benefits Subject to Change

The benefits associated with each Prydo ID tier are subject to modification by DAO governance vote. While Prydo will endeavor to maintain all stated benefits, the community retains the right to adjust platform mechanics.

3. Pride NFT Collection

3.1 Transferable Collectibles

Unlike Prydo IDs, Pride NFT Collection pieces are standard ERC-721 tokens that can be transferred and traded on secondary markets.

3.2 Artwork Rights

Owning a Pride NFT grants you ownership of the specific token as recorded on-chain. It does not transfer copyright to the underlying artwork. Prydo and the contributing artists retain intellectual property rights.

3.3 LGBTQ+ Community Fund

10% of primary sale proceeds and secondary royalties are allocated to the Prydo LGBTQ+ Community Fund. Distribution is governed by DAO vote. Prydo will publish annual transparency reports on fund usage.

3.4 Artist Collaboration

All Pride NFT artwork is created in collaboration with LGBTQ+ artists. Artists are compensated through primary sale splits as agreed individually.

4. Market & Financial Risks

4.1 Volatility

NFT markets are highly volatile. The value of any NFT, including Prydo NFTs, can fluctuate dramatically and may fall to zero. Only participate with funds you can afford to lose entirely.

4.2 Liquidity Risk

There is no guarantee that a liquid secondary market will exist for Prydo NFTs at any given time. You may be unable to sell NFTs when desired or at any price.

4.3 Smart Contract Risk

NFTs are governed by smart contracts which may contain bugs or vulnerabilities despite thorough auditing. In the event of a smart contract exploit, Prydo may be unable to recover or compensate for lost assets.

4.4 Gas Fees

Minting and transferring NFTs requires payment of blockchain gas fees. These fees are variable, not refundable, and are paid to the network, not to Prydo.

5. Technical Risks

5.1 Metadata & IPFS

NFT metadata and artwork are stored on IPFS and ICP Asset Canisters. Prydo cannot guarantee permanent availability if all hosting nodes go offline.

5.2 Network Outages

Blockchain networks may experience downtime, congestion, or forks. Prydo cannot control or be held liable for network-level interruptions affecting NFT transfers or platform access.

5.3 Wallet Compatibility

Prydo NFTs are compatible with standard EVM wallets and Internet Identity for ICP-based features. Prydo does not guarantee compatibility with all existing or future wallet software.

6. Regulatory Compliance

6.1 Geographic Restrictions

Prydo NFTs may not be available in all jurisdictions. You are responsible for ensuring your participation complies with local laws.

6.2 Tax Obligations

Minting, buying, selling, or receiving NFTs may be a taxable event in your jurisdiction. You are solely responsible for your tax obligations. Prydo does not provide tax advice.

6.3 AML/KYC

Prydo is committed to preventing money laundering and financial crime. In certain circumstances, Prydo may be required to implement AML or KYC procedures.

7. Community Standards

7.1 Inclusive Participation

Prydo is built on the values of inclusion, dignity, and respect for the LGBTQ+ community. Any use of Prydo NFTs to harass or harm LGBTQ+ individuals may result in revocation of platform access.

7.2 Content Standards

NFT holders using the Prydo social platform agree to abide by community content standards. Hate speech, discrimination, and illegal content are strictly prohibited.

8. Acknowledgment

By minting or purchasing a Prydo NFT, you acknowledge that: (a) you have read and understood this NFT Disclaimer; (b) you are aware of the risks involved; (c) you are participating voluntarily; (d) Prydo is not responsible for any financial losses; and (e) you meet all eligibility requirements in your jurisdiction.