Privacy Policy

1. Introduction

We at Timetech Foundation (“Timetech Foundation”) are committed to protecting and respecting your privacy.

This Privacy Policy sets out the processes and procedures by which the data collected and received by us in the course of your business relationship with us including, but not limited to, your contractual relationship with us and your use of our website at (the “Website”) is handled. This includes information collected offline through contracts entered into by you with us, our direct marketing campaigns and surveys, and online through our websites, applications and branded pages on third party platforms and applications accessed or used through such websites or third party platforms. Additionally, the collection, use and disclosure of your data is also governed by this Privacy Policy.

2. Name and address of the Controller

Controller for the purposes of the General Data Protection Regulation (GDPR) of the European Union, other data protection laws applicable in Member states of the European Union and the European Economic Area respectively and other provisions related to data protection is:

Timetech Foundation, Kirchstrasse 12, 9490 Vaduz, Principality of Liechtenstein


3. Personal Data we collect

We may collect Personal Data from you in the following instances:

(A)When you voluntarily provide us with personal information for the purposes of our initial coin offering.
(B)When you use our Website or services available on our Website, we will collect information automatically.
(C)If you contact us with a question, to provide feedback or to report a problem.

Personal Data means data, whether true or not, about an individual who can be identified —

(a)from that data; or
(b)from that data and other information to which the organisation has or is likely to have access.

Personal Data include your name, username, contact number, e-mail address, cryptocurrency address, mailing address and any other data which can identify you as an individual.

By providing us with your Personal Data, you also consent for us to collect, hold, use and disclose your personal information in accordance with this Privacy Policy. In addition to providing the foregoing information, if you choose to correspond further with us through e-mail or through the other contact methods, we may retain, use and disclose the content of your messages together with your e-mail address and our responses.

In the event that you provide us with any information relating to a third party (e.g. information of your spouse, children, parents, and/or employees), you represent and warrant to us that you have sought for and obtained the consent of the relevant third party to provide us with their information for the respective purposes.

4. How we use the Personal Data we collect

We may use the Personal Data collected from you for the following purposes:

  • To execute agreements between you and us;
  • To develop, operate, improve, deliver and maintain our Website;
  • To comply with legal and regulatory requirements;
  • To analyse and track data to determine the usefulness or popularity of certain content and to better understand the online activity of our Website users;
  • To provide you with information, products or services you have requested;
  • To respond to your questions and resolve complaints;
  • To consolidate the information that you provide including that of other users, to publish surveys, trends and findings for the benefit of our users;
  • To send you any technical notices, support or administrative notifications;
  • To send you news, products, events and other information we think may be of interest to you;
  • To monitor and analyse trends, usage and activities in connection with our Website;
  • To detect, investigate and prevent fraudulent transactions or unauthorised or illegal activities;
  • To carry out polls, surveys, analysis and research as well as solicit feedback on how our Website is being used and how we can improve it;
  • To protect the rights and property of the Timetech Foundation and others;
  • To link, connect or combine information we collect from or about you with other information;
  • To perform such other functions or services as otherwise notified to you at the time of collection; or
  • To further our business by disclosing some but not all of your personal information (such as name and email) (whether for no consideration or otherwise) to third parties including government agencies.

5. Legal Basis for the processing of your Personal Data

The processing of your Personal Data is based on Article 6 (1) (a)-(c) and (f) GDPR. This means we process your Personal Data based on your consent, on the execution of one or several agreements between you and us, on the fulfillment of legal requirements, such as the performance of Know Your Customer- and Anti Money Laundering-checks, and where necessary to protect our legitimate and predominant interests.

6. Who we disclose your Personal Data to

We may disclose your Personal Data in the following ways:

  • We may disclose the Personal Data with our current or future parent companies, affiliates, subsidiaries and with other companies under common control or ownership with us or our offices internationally;
  • We may disclose the Personal Data with our potential partners, investors and other parties in the event that we are engaging in discussions and/or negotiations with such parties regarding a potential business partnership, collaboration, joint venture or otherwise in furtherance of our business.
  • We may disclose the Personal Data in the event that we are required to do so by law or if we believe that such action and/or disclosure is necessary to prevent fraud or crime or to protect our Website or the rights, property or personal safety of any person.
  • We may disclose the Personal Data in situations where we are required and/or under a duty to disclosure or share your personal information in order to comply with any legal or regulatory obligation, or if we determine in our sole discretion that such disclosure is reasonably necessary in order to enforce or apply our Terms of Use (published on our Website and other agreements, or to protect the rights, property or safety of Timetech Foundation, our users or others.

You acknowledge, agree and consent to us disclosing certain of your Personal Data (e.g. name, email address, age, gender, employer, school, industry, college major, geographical location) to third parties in the furtherance of our business, subject to us (where possible) having entered into similar privacy policies with them.

We also collect non-personal information, being data in a form that does not permit direct association or identification of any specific individual. We may collect, use, transfer and disclose non-personal information for any purpose.

In particular, we may disclose and/or provide data and aggregate statistics (including aggregate information derived from your personal information) about users of our Website and sales to prospective partners, advertisers, sponsors and other reputable third parties in order to describe our Website, deliver targeted advertisements or for other lawful purposes, but other than as set out above, such data and statistics will not include information which can be used to identify you.

7. Disclosure and transfer of information

By using our Website, you authorise us to use and disclose your Personal Data in the Principality of Liechtenstein and other countries where Timetech Foundation operates for the purposes mentioned above. We will at all times ensure that your personal information is transferred in accordance with this Privacy Policy and protected in accordance with any applicable laws on personal data protection.

Where we transfer your personal information outside of Liechtenstein, we offer the same level of protection awarded by GDPR to the data transferred outside of Liechtenstein.

8. Period of Personal Data storage

We process, share and store your Personal Data as long as this is necessary for the execution of any agreement entered into by you with us, in any case not for a period shorter than the term of the respective agreement. Longer periods of storage that are required by law, especially the requirement to store business correspondence for 10 years according to section 1059 of the Liechtenstein Company Law (PGR), remain reserved.

9. Your Rights

You have the right to

  • obtain information as to whether or not your Personal Data are being processed.
  • obtain information about your Personal Data stored at any time and a copy of this information.
  • obtain information about the purposes of the processing, the categories of Personal Data concerned, the recipients or categories of recipients to whom the Personal Data have been or will be disclosed, the envisaged period which the Personal Data will be stored for, the existence of the right to rectification or erasure of Personal Data, or restriction of processing of Personal Data, or to object to such processing, the existence of the right to lodge a complaint, any available information as to the source of your Personal Data where they have not been collected from you, the existence of an automatic decision-making and, if applicable, details of such decision-making;
  • require rectification, amendment or erasure of Personal Data which are wrong or are not being processed in accordance with the law;
  • require restriction of processing your Personal Data;
  • object the processing of your Personal Data under certain circumstances or to withdraw your consent to the procession of your Personal Data;
  • to receive the Personal Data you have provided in a structured, commonly used and machine-readable format.
  • lodge a complaint with Liechtenstein Data Protection Office;

10. Right to withdraw consent to Personal Data Processing

You have the right to withdraw your consent to processing your Personal Data at any time. You acknowledge that such withdrawal, where Personal Data needed for the execution of an agreement entered by you with us is concerned, will result in the termination of the agreement with immediate effect.

11. Automated decision making

We do not make decisions that are based on automated processing of your Personal Data solely.

12. Specific provisions relating to the use of our Website

When you use our Website and related services, we automatically collect the following information:

(a)Server Log Information: We collect server log information when you use our Website, which may include (but is not limited to) your login details, the date and time of visits, the pages viewed, your IP address, time spent at our Website and the websites you visit just before and just after our Website.

(b)Information Collected by Cookies and Other Tracking Technologies: We and our service providers use various technologies to collect information when you interact with our Website, including cookies and web beacons. Cookies are small text files that are sent to or accessed from your web browser or your computer’s hard drive. A cookie typically contains the name of the domain (internet location) from which the cookie originated, the “lifetime” of the cookie (i.e., when it expires) and a randomly generated unique number or similar identifier. A cookie also may contain information about your computer, such as user settings, browsing history and activities conducted while using our Website. A web beacon (also called a pixel tag or clear GIF) is a piece of computer code that enables us to monitor user activity and website traffic.

(c)Device Information: We may collect information about the computer or mobile device you use to access our Website, including the hardware model, operating system and version, the web browser you use, and other device identifiers.

(d)Telemetry Information: If you use any of our open source software, we may collect bandwidth upload and download speeds, the amount of free and used storage space on your device and other statistics about your device.

(e)Usage Information: If you use our Website, we may collect metadata about the files you upload for storage and we will record instances in which you have used your private key to authenticate communications.

Our Website may, from time to time, contain links to external sites or resources which are operated by third parties. Do note that we have no control over the content and privacy practices of such sites or resources. You are strongly advised to review the privacy policies of these sites and resources operated by third parties and understand how your information may be used by those third parties.

13. Protecting your Personal Data

The security of your Personal Data is of utmost importance to us. In connection with this, we have put in place security measures to protect against the loss, misuse and alteration of information under our control. Additionally, we also adhere to generally accepted industry standards to protect the information transmitted to us over the internet, both during transmission and upon receipt. However, please note that no method of transmission over the internet, and/or method of electronic storage, is 100% secure. Therefore, while we strive to use commercially acceptable means to protect your Personal Data, we are unable to guarantee its absolute security. In particular, please note that Timetech Foundation utilizes certain third party software in connection with the provision of the Website and is unable to bear any responsibility and/or liability for any loss, misuse and/or alteration of information which may result from the use of any such third party software. Further, you should be aware that Timetech Foundation has no control over the security of other sites on the internet that you may visit or interact with even when a link to any such third party site appears on our websites or mobile applications.

14. Accessing and updating your Personal Data

Where you have provided Personal Data to us, the responsibility falls on you to provide us with accurate, not misleading, complete and up-to-date Personal Data, and to update the Personal Data as and when such information becomes inaccurate, misleading, incomplete or out-of-date.

In certain circumstances, it may be necessary for you to provide to us Personal Data about someone else. If this is the case, we are relying on you to inform these individuals that you are providing their Personal Data to Timetech Foundation, to obtain their consent to you providing us with their Personal Data and to inform them about where they can find and obtain a copy of this Privacy Policy. It is important that they read this Privacy Policy and agree to the terms herein when giving their consent to the provision of their Personal Data to us.

15. Changes to this Privacy Policy

We reserve the right to make changes to this Privacy Policy at any time and all changes that have been made will be published on our Website. Please check back frequently to view any updates or changes that have been made to this Privacy Policy. In the event that the changes that we propose to make are material, we will notify you of such changes by way of email. Please note that it is your responsibility to review and take note of the changes which we make to this Privacy Policy. At all times, your continued use of our Website constitutes your acceptance of the updated Privacy Policy where the processing of Personal Data in connection with the use of our Website is concerned, as the case may be.

16. Contact us

If you have any questions, complaints, concerns or comments on our Privacy Policy, we welcome you to contact us by sending an email to In this regard, please include an appropriate subject header indicating what is the issue you are contacting us for, as this would assist us in attending to your email speedily by passing it on to the relevant staff in our organisation. For example, you could insert the subject header as “Accessing Personal Data”.

Effective on 19/7/2018