Introduction

At RaiseFi, we understand that privacy is paramount when it comes to financial transactions. Our platform is designed with privacy at its core, leveraging blockchain technology to provide a secure and transparent environment for crowdfunding while minimizing data collection.

Minimal Data Collection

RaiseFi follows a principle of data minimalism:

  • Wallet Addresses Only: We only collect wallet addresses necessary for transaction verification and campaign participation. No personal identification information is required to contribute to campaigns.
  • Optional User Accounts: While you can create a user account for additional features, it’s not required to participate in campaigns. Anonymous contributions are fully supported.
  • Shipping Information Only When Needed: For physical rewards, we collect shipping information which is encrypted and stored securely. This data is only used for reward fulfillment and is not shared with third parties.

No Custody, No Control

One of RaiseFi’s fundamental privacy features is our non-custodial architecture:

  • You Control Your Funds: Your cryptocurrency remains in your wallet at all times. RaiseFi never takes custody of your funds, eliminating the risk of platform breaches affecting your assets.
  • Direct Transactions: All payments flow directly between users via smart contracts on the blockchain. RaiseFi acts as a facilitator, not an intermediary.
  • Transparent But Private: While blockchain transactions are public, they don’t reveal personal identities. You can participate anonymously while maintaining the security of your funds.

Blockchain Security

The blockchain provides inherent privacy benefits:

  • Cryptographic Protection: All transactions are secured with advanced cryptography, protecting your financial information.
  • Immutable Records: Once recorded, transactions cannot be altered or deleted, providing a permanent audit trail without compromising your personal data.
  • Public Verification: Anyone can verify campaign funding and transaction history without revealing personal identities.

Data Protection Measures

RaiseFi implements robust security measures:

  • Encryption: All sensitive data is encrypted both in transit and at rest.
  • Secure Connections: The platform uses HTTPS for all communications, protecting data as it moves between your device and our servers.
  • Access Controls: Strict role-based permissions ensure that only authorized personnel can access user data.
  • Regular Audits: Our security practices are regularly reviewed to maintain the highest standards of data protection.

What We Don’t Collect

RaiseFi intentionally avoids collecting unnecessary personal information:

  • No credit card information
  • No bank account details
  • No government-issued IDs
  • No extensive personal profiles
  • No unnecessary tracking cookies

Your Privacy Rights

As a user of RaiseFi, you have control over your data:

  • Anonymous Participation: You can contribute to campaigns without creating an account or revealing your identity.
  • Data Access: If you create an account, you can view and manage your personal information.
  • Opt-Out: You can choose not to provide optional information at any time.
  • Secure Deletion: Account data can be permanently deleted upon request.

Third-Party Integrations

RaiseFi minimizes third-party integrations to protect your privacy:

  • Wallet Providers: We integrate with popular web3 wallets like MetaMask and WalletConnect, but these connections are made directly from your browser to the wallet provider.
  • Blockchain Networks: Our smart contracts interact directly with blockchain networks without requiring personal data.
  • No Advertising Trackers: We don’t use third-party advertising networks that track your behavior across websites.

Continuous Improvement

RaiseFi is committed to maintaining and improving our privacy practices:

  • Regular Reviews: Our privacy policy and data collection practices are regularly reviewed and updated.
  • User Feedback: We welcome input from our community about how we can further enhance privacy protections.
  • Transparency: We clearly communicate our data practices so you can make informed decisions about using our platform.

Conclusion

RaiseFi’s privacy approach is designed to give you control over your financial information while providing a secure environment for crowdfunding. By leveraging blockchain technology and maintaining a minimal data collection policy, we create a platform where you can support projects you believe in without compromising your privacy.

For any questions about our privacy practices, please contact our support team. We’re here to help ensure your experience with RaiseFi is both secure and private.