Terms of Service for VELTA Apps

1. Introduction
These Terms of Service (« Terms ») govern the access and use of the VELTA Apps application (the « Application »), developed and operated by Velabs, located at 38 bis avenue Victor Hugo, 06000 Nice, France. By accessing and using the Application, the user unconditionally accepts these Terms.

2. Access to the Application
The Application is accessible through a Google, Apple, or X account (Oauth). Velabs does not store or manage the login credentials or passwords for these third-party services. In case of loss of access to these accounts, Velabs cannot restore or reset access to the Application.

3. Collected Data
Users may provide their first name, last name, country of residence, crypto-asset wallet address, and email address. This data is exclusively used for internal purposes and will not be shared with third parties, except for the service provider responsible for email distribution.

Additionally, an optional « Anti Money Laundering » questionnaire is available for users who wish to access the Application’s advanced features.

If you are a Velta App user, you can exercise your right to request the deletion of your data by following these steps :

a) Fill out the form by clicking on this link

b)Velta will process your request by verifying your email address

c) You will need to respond to the email that Velta sends you

d) Velta will proceed with the complete deletion of your data if you have not made any token purchases. Otherwise, as part of the fight against money laundering, Velta will retain your data (5 years) and may transmit it to the relevant legal authorities if they request it. (Compliance with the European MiCa and MAD5 regulations)(5th Anti-Money Laundering Directive or 5AMLD). 

European Union (EU) : According to the European Anti-Money Laundering Directive (AMLD), businesses must retain KYC data for at least five years after the end of the business relationship.

4. Use of the Application
Users agree to use the Application in compliance with applicable laws and must not infringe on the rights of Velabs or any third party. Any attempt at fraud, hacking, or misuse may result in the suspension or termination of the user’s account.

5. Intellectual Property
Velabs is the sole owner of the Application and its content. Any reproduction, modification, or unauthorized use is strictly prohibited. Trademarks and logos mentioned are the property of their respective owners.

6. Liability and Warranties
Velabs strives to ensure the proper functioning of the Application but does not guarantee the absence of bugs, errors, or service interruptions. Users agree to use the Application « as is » and waive any claims for compensation in case of malfunctions.

7. Disputes and Governing Law
These Terms are governed by French law. In the event of a dispute, the Tribunal de Grande Instance of Nice shall have exclusive jurisdiction.