Fibonacci Network Privacy Policy

(Effective February 28TH,, 2023)

Table of Contents

  1. Introduction
  2. Controller
  3. General information
  4. Data Collection
  5. Activity
  6. Personal Information Use and Legal basis
  7. Feedback
  8. Data Retention
  9. Children
  10. Third Party Websites or Applications
  11. Data Security
  12. Your Rights; Choices
  13. Commitment
  14. Notice to Canadian Users
  15. Notice To Certain International Members
  16. Business Transfers
  17. Changes to our Privacy Policy
  18. Complaints


  1. Introduction

Welcome to Fibonacci Network site and application Privacy Policy page. Accessible at or (the “Site”), hosted and operated by Fibonacci Network.

Our privacy promises:

  • We value your privacy & data security
  • We do not use your data for commercial purpose
  • We comply with the GDPR
  • We will never sell your data
  • You control your data.

After that, you’re all set to use our Service. By accessing the website and/or application, or by downloading and installing the Fibonacci Network application, you hereby consent to our Privacy Policy and agree to the terms described herein. If you are not comfortable with any aspect of this Privacy policy. You should immediately discontinue your access to the Site and app.

  1. Controller

Fibonacci Network, a company duly incorporated under the laws of India, bearing company registration number { }, with registered address at Surat, India (hereinafter “Fibonacci Network”, “Service Provider”, “us”, “we”, or “our”), is responsible for the collection of personal data via our site and app, (“our site”).

When this Policy mentions Fibonacci Network it refers to your Data Controller. Our data privacy officer may be contacted at

  1. General information

The terms “We”, “Us”,” Our” mean Fibonacci Network. The terms “You” and “Your” refer to You, as a user, client or visitor of our website and application provided Services. The term “personal data” refers to all information relating to an identified or identifiable natural person (hereinafter referred to as “data subject”); an identifiable natural person is one who can be identified directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or one or more specific characteristics expressing the physical, physiological, genetic, psychological, economic, cultural or social identity of that natural person, as set out in the GDPR. In addition, personal data comprises data of legal persons.

  1. Data Collection

Fibonacci Network collects and processes various information from Users. This information may, in many cases, constitute Users’ personal data. This information will be considered “personal data” when it can directly identify or allow us to identify a natural person. The categories of personal information we collect depend on how a User interact with our Service and the requirements of applicable law.

To establish an account for you and create you a wallet, we will request that you provide us with important information about yourself. If you choose not to share certain information with us, we may not be able to serve you effectively or offer you our Service. Any information you provide to us that is not required is voluntary.

  1. Contact data: such as first and last name, email address, Email Profile Pic Link,
  2. Personal identification information: such as date of birth, nationality, gender.
  3. Formal/User Identification Information: Government issued identity documents such as Passport, Driver’s License, National Identity Card, State ID Card, Tax ID number, and/or any other information deemed necessary to comply with our legal obligations under financial or anti-money laundering laws.
  4. Communications with you: including when you contact us through the Service, social media, or otherwise regarding the Service.
  5. Device data: such as your computer’s or mobile device’s operating system type and version, manufacturer and model, browser type, screen resolution, RAM and disk size, CPU usage, device type (e.g., phone, tablet) device id, IP address, unique identifiers (including identifiers used for advertising purposes), language settings, mobile device carrier, radio/network information (e.g., Wi-Fi, LTE, 3G), and general location information such as city, state or geographic area.
  6. Transaction data relating to or needed to complete your transactions through the Service, such as the wallet addresses, your name, the transaction amount, NFT, and/or timestamp.

We may automatically collect certain details of your access to and use of the service, including input data, profile logs and other communication data and the resources that you access and use on or through the service. These personal information is neccessay to confirm your transactions and provide our services to you.

  1. Activity

When You use the Services, We receive and store certain information which may include Your Personal Information, regarding Your use of the Services. Examples include IP addresses, browser types, domain names, and other statistical data regarding Your use of the Services. We may use this data in a way that does not disclose any of Your personally identifiable information, including, but not limited to, for purposes of developing new product and service offerings

  1. Personal Information Use and legal basis

Any processing of data requires a legal basis. If the processing is necessary for the performance of a contract to which the data subject is a party, or for the implementation of pre-contractual measures taken at the request of the data subject, the processing may be based on Art. 6, para. 1, b) of the GDPR.

If the processing is necessary to safeguard the legitimate interests of the data controller or a third party, provided that the interests or fundamental rights and freedoms of the data subject, which require the protection of personal data, do not prevail, it can be based on Art. 6, para. 1, d) of the GDPR. We process and use the information we collect in various ways, in addition, We may also collect, hold and use your personal information for:

  1. Delivering our service. When you create your Fibonacci Network account or Wallet and use our Service, you accept our Terms of Service and thus enter into a contract. In order for us to fulfill our obligations under that agreement, we need to access and process your personal information. We will not be able to if you do not include your details in your account registration or if, when you initiate a transaction.
  2. Managing transaction: we Use your information to fulfil and complete user transation on the Fibonacci Network website and/or application;
  3. Communication: we use your information to send you offers and other communications such as product updates, notices, support, and administrative communication that may be of interest to you,  
  4. Personalisation: we use your data to identify your interest, to recommend and advertise new services and products that may be related to your preferences;
  5. Data Security and fraud prevention: we use your data to protect our website and application, user data and our server from malicious or dangerous activity;
  6. Investigation: Prevent and investigate unauthorised access to the Services, including other illegal activities;
  7. Comply with specific legal obligations, and enforcing our agreements.

We also process data that cannot be assigned to any person. These are data that do not personally identify you, including anonymous information and aggregated data. This information helps us better understand how our visitors use the Services, analyze demographics, interests and behaviors of our visitors, improve the Services, provide customized services and information to visitors, and similar purposes.

You hold the right to opt out of receiving any of these communications as described under “Your Choices” section below.

  1. Feedback

If You contact Us to provide feedback, register a complaint, or ask a question, We will record any Personal Information and other content that You provide in Your communication so that We can effectively respond to Your communication. We reserve the right to use this information in any manner permitted by law, to respond to Your communication. The processing of your personal data for feedback processing is based on Art. 6, para. 1, d) or f) of the GDPR.

  1. Data Retention

For the sake of the GDPR, we are entitled to keep your Personal information only for as long as we need it for legitimate business purposes and as required by applicable law. We will take reasonable steps to erase any Data that we hold from you, where:

  1. we no longer need the Data for the purposes for which it was collected and we are not otherwise entitled to retain such data; and
  2. we are not required or obligated by law, regulation or court order to retain the information.

If certain information has been provided to third parties in accordance with this Privacy policy, retention of that information will be subject to the policies of the relevant third party.

  1. Children                                                                                    

We comply with the Children Privacy Protection policy. Hence, our services is not directed to children under the age of 16. For this reason, we do not provide nor knowingly collect personal information from children under the age of 16. If you believe that a child under the age of 16 have used our service, please contact us and we will delete that information immediately.

  1. Third Party Websites or Applications

The Service may contain links to other websites/applications and other websites/applications may reference or link to our Service. In addition, our content may be integrated into websites or other online services that are not associated with us. We encourage our users to read the privacy policies of each website and application with which they interact. These third- party service are not controlled by us. We do not endorse, screen, or approve, and are not responsible for, the privacy practices or content of such other websites or applications. Providing personal information to third-party websites or applications is at your own risk.

  1. Data Security

We have put in place numerous technical, organizational and physical safeguards measures designed to protect the personal information of users. However, no online security measures are guaranteed. You agree that your use of The site is at your own risk.

  1. Your Rights; Choices

Under the General Data Protection Regulation, you are entitle to the choices below;

  • Exercise of Rights: You can exercise your rights as defined in GDPR, please send a request via e-mail, to exercise your rights.
  • Revocation of Consent: You hold right to revoke your consent for processing of your data in the future at any time. However, this does not affect the lawfulness of Data processing based on the consent before the revocation.
  • Right of Access: You have the right to obtain (i) confirmation as to whether or not your Data is being processed by us and, if so, (ii) request for more specific information on the Data.
  • Right to Rectification: You have the right to obtain from us the rectification of inaccurate Data concerning you. In case the Data processed by us is not correct, we will rectify these without undue delay and inform you of this rectification.
  • Right to Erasure: Should you decide that you do not want us to process your data any further, please send a request v. We will erase your Data immediately and inform you of this process. Should mandatory provisions of law prevent such erasure, we will inform you without undue delay thereof.
  • Right to Restriction of Processing: You have the right to obtain from us a restriction of processing of your Data;
  • Right to Data Portability: You have the right to (i) receive your Data in a structured, commonly used and machine-readable format and (ii) transmit those Data to another controller without hindrance from us.
  • Right to Object: You have the right to object at any time to the processing of Data.
  • Right to Lodge a Complaint: You have the right to lodge a complaint with a supervisory authority, if you think that the processing of Data infringes applicable law, especially the GDPR”)

Learn more about these rights, and find out how you can exercise your rights by sending us a message.

  1. Notice to Canadian Users

If you are a citizen of Canada, you hold the right to request how your information is used as described in the Canadian PIPEDA regulation. If you have any questions about the accuracy of information that we collect and use about you, you reserve the right to request access to that information and ask that we stop processing your information if you wish to stop using our services. Unless we are permitted or required under applicable laws to refuse your access to such information. You may write or email us for such request

  1. Notice To International Members

If you are a citizen of any European union and have questions about the accuracy of information that we have collected about you, you can have access to that information in order to verify and update it, unless we are permitted or required under applicable laws to refuse your access to such information. You may write or email us for such request.

  1. Commitment

We take the responsibility to protect the security and privacy of our users seriously. We have established effective policies that define our commitment to data security and the information technology we manage. We are continually reviewing policies and procedures to assure that they are appropriate and effective in meeting our commitments to our community, our users, customers and ourselves. Any suspicious attempt to breach our terms and policies, or to engage in any type of unauthorized action involving our information systems, is regarded as potential criminal activity. All suspicious computer mischief will be reported to the appropriate authorities.

  1. Business Transfers

In connection with, or during negotiations of, sale of company assets, any merger, financing, or acquisition of all or a portion of our business. We may share or transfer your information (including your personal information) for business transfer purposes. You will be notified via email and/or a prominent notice on the website of any change in ownership or related uses or disclosures of your information, as well as any choices you may have regarding your information in such circumstances.

  1. Changes To our Privacy Policy

Changes to this privacy policy may be made by us from time to time. In no event will these changes result in the degradation of any security measures designed to protect you from unauthorized disclosure.

  1. Complaints

How to lodge a complaint. We hope that we can satisfy any queries you may have about the way in which we process your personal information, so we encourage you to submit your claim to our Data Protection Officer at

However, if this does not satisfy you, you also have the right to complain to the data protection authority in the location in which you live, work or believe a data protection breach has occurred.