Effective date: May 1, 2026 · Version 1.0. This Privacy Policy explains
how Microset handles information. By using the Services, you agree to the
practices described here. Read it together with the
Terms & Conditions and the
Risk Disclosure.
1. Introduction and scope
Microset operates a protocol for real-time, on-chain micro-markets tied to the internal tempo of live events. This Privacy Policy describes the categories of information that Microset, a Cayman Islands entity, together with its affiliates, including Microset LLC, a U.S. limited liability company (“Microset”, “we”, “us”), collect, generate, process, and share in connection with the Microset protocol, our websites, APIs, software development kits, hosted or reference front-end interfaces, and related services (collectively, the “Services”). Microset is a Web3 protocol. A defining characteristic of Web3 systems is that core activity is recorded on a public, decentralized blockchain — here, Solana. As a result, certain data described here is, by design, public, pseudonymous, and permanent, and is not within Microset’s exclusive control. Infrastructure vs. interface. Microset distinguishes between (a) the neutral, on-chain protocol layer, which provides deterministic market mechanics and does not, in itself, collect personal data; and (b) front-end interfaces and off-chain services operated by Microset or by third parties, which may collect personal data as described below. Where a third party operates an interface that integrates the protocol, that third party may act as an independent data controller under its own privacy notice.2. Definitions
- On-chain data — information recorded on a public blockchain, including wallet addresses, transaction signatures, market participation, escrow allocations, and settlement outcomes.
- Off-chain data — information processed outside the blockchain, including device, usage, analytics, support, and (where applicable) identity-verification data.
- Personal data — information relating to an identified or identifiable natural person under applicable law (including the GDPR and CCPA/CPRA). A wallet address may constitute personal data where it can be linked to an individual.
- Wallet — a self-custodial digital-asset wallet controlled by the user through private keys that Microset does not hold or access.
- Event data — authenticated, real-time data describing the state of live events (for example, per-ball or per-point outcomes) supplied by licensed third-party data providers or oracles.
3. Categories of data we collect and generate
3.1 On-chain data
When you interact with the protocol, the following is recorded on Solana and is publicly visible and permanent: your public wallet address(es); transaction details (timestamps, amounts, the specific micro-markets entered, outcome selections, escrow allocations, protocol fees, and settlement results); and information necessarily recorded by protocol transactions, which may be used to derive behavioral or engagement metrics.3.2 Off-chain data collected by Microset interfaces
Where you access a Microset-operated website or interface, we may collect:- Device and connection data — IP address, browser type, operating system, device identifiers, and approximate location derived from IP;
- Usage and interaction data — pages viewed, features used, session duration, referral source, and diagnostic logs;
- Wallet-connection metadata — the public address and signature provided when you connect a wallet (never private keys or seed phrases);
- Communications data — information you provide when contacting support, responding to surveys, or participating in whitelisting or testing programs;
- Compliance data, where required — identity-verification information collected by Microset or a third-party provider (see Section 3.4).
3.3 Event data and third-party feeds
The protocol consumes authenticated event data from licensed providers and oracles to spawn, resolve, and settle markets. This event data describes the state of live events and is not personal data about users.3.4 Compliance and verification data
Depending on jurisdiction and applicable law, certain interfaces may require identity verification, sanctions screening, or eligibility attestations before access is granted. Where collected, such data is processed only for legal compliance, fraud prevention, sanctions screening, and access control, and may be handled by specialized third-party providers.4. Wallet, key, and custody handling
Microset interfaces interact with wallets only through standard wallet-connection protocols and signed messages or transactions that you explicitly authorize. Funds committed to a micro-market are held in on-chain, outcome-specific escrow governed by deterministic protocol logic, not by Microset as a custodian, and are distributed pro-rata by the smart contracts upon resolution. Microset does not set odds, take directional exposure, or act as counterparty to any market.5. How we use data
Where Microset processes off-chain personal data, we do so for these purposes and legal bases (where the GDPR or similar law applies):- Providing and securing the Services (performance of a contract; legitimate interests) — operate interfaces, authenticate wallet connections, and protect against fraud, abuse, and security threats;
- Analytics and product improvement (legitimate interests; consent where required) — understand engagement and improve the protocol (see Section 6);
- Legal and regulatory compliance (legal obligation; legitimate interests) — sanctions screening, geographic restriction, age and eligibility checks, and responding to lawful requests;
- Communications (legitimate interests; consent where required) — respond to inquiries, administer testing and whitelisting programs, and send service or compliance notices.