Privacy Policy
Last updated: 2025-11-27
This Privacy Policy explains how The Socium ("The Socium", "we", "us" or "our") collects, uses, discloses, stores and protects personal data when you visit or use our website https://www.thesocium.online (the "Website") and any services, applications, features, or tools offered through the Website (collectively, the "Services"). This policy is intended to comply with major global privacy regulations, including GDPR (EU/UK), CCPA/CPRA (California), PIPEDA (Canada), LGPD (Brazil), and GDPR-like laws in other jurisdictions.
⚠️ IMPORTANT NOTICE: By using the Services, you expressly agree that The Socium bears NO responsibility or liability (to the maximum extent permitted by law) for user-generated content, actions of users, technical failures, financial losses, data loss, service interruptions, or any damages arising from use of the platform. Detailed limitations of liability are set out in Section 22.
If you do not agree with this Privacy Policy, you must immediately stop using the Services.
1. Scope & Definitions
Scope. This Privacy Policy applies to all personal data collected about:
- Visitors to the public parts of the Website;
- Registered users and account holders ("Users");
- Contributors, creators, sellers, buyers, advertisers, and any third parties interacting with the platform.
Definitions.
- Personal Data / Personal Information: Any information that identifies or can reasonably identify a living individual (e.g., name, email, IP address, device ID).
- Processing: Any operation performed on Personal Data (collection, storage, use, analysis, disclosure, deletion).
- Controller: The party that determines the purposes and means of processing. The Socium acts as the Controller unless otherwise stated.
- Processor / Sub-processor: A third party that processes Personal Data on our behalf.
2. Categories of Data We Collect
We collect three main categories of data: (A) data you provide; (B) data collected automatically; and (C) data obtained from third parties.
A. Data you provide directly
- Full name or nickname
- Username and password (hashed)
- Email address and phone number (optional)
- Profile photo, bio, interests, social media links
- User-generated content (posts, comments, messages, files, images, videos)
- Payment and billing details (billing name, billing address, transaction history, payment tokens)
- Identity verification/KYC information (if applicable)
- Communications with support
B. Automatically collected data
- IP address, device ID, cookies
- Browser type, operating system, screen size
- Platform usage behavior, clickstream data
- Access times and referring URLs
- Approximate location derived from IP
C. Data from third parties
- Data from social logins (Google, Apple, Meta, etc.)
- Payment confirmations from payment processors
- Advertising and analytics partners
- Publicly available sources
3. Purposes of Data Processing
We process Personal Data for the following purposes:
- Providing and operating the Services
- Creating and managing user accounts
- Hosting and distributing user-generated content
- Processing payments, refunds, commissions and payouts
- Communication with users and customer support
- Personalising content, feeds, and recommendations
- Advertising, promotion and marketing (where permitted)
- Platform security and fraud prevention
- Platform moderation and enforcement
- Analytics, research and product development
- Legal compliance and dispute resolution
- Internal business operations
4. Legal Bases for Processing (GDPR Article 6)
Where applicable, we rely on the following lawful bases:
- Consent
- Performance of a contract
- Legal obligations
- Legitimate interests
- Protection of vital interests
5. Cookies, Pixels & Tracking Technologies
We use cookies and similar technologies for:
- Authentication and session security
- Saving preferences
- Analytics and statistics
- Advertising and retargeting
Types of cookies we use include:
- Strictly necessary cookies
- Performance cookies
- Functional cookies
- Marketing cookies
You may manage cookies through your browser or device settings. Blocking cookies may limit functionality.
6. Social Networks, APIs & Third-Party Integrations
If you link third-party services or social networks to your account, you grant us permission to receive information from those services based on your privacy settings. We are not responsible for the privacy practices, security, availability, or data handling of those third-party platforms.
7. Payments, Subscriptions, Fees, Automatic Charges & Monetisation
Payments are processed by independent third-party payment providers. We do not store full bank card details. We may receive and store:
- Transaction IDs
- Payment status
- Billing confirmation data
⚠️ IMPORTANT ABOUT PAYMENTS:
- The platform may charge fees at any time for access to certain features, subscriptions, services, digital products, promotions, advertising tools, premium functions, or monetisation tools.
- Fees, commissions, recurring subscription charges, platform service fees, withdrawal fees, currency conversion fees, taxes, or other charges may be applied automatically.
- The amount, structure, and frequency of such fees may be changed at any time at our sole discretion.
- By using the Services, you expressly authorise us and our payment providers to charge your selected payment method for any applicable fees.
- Failure to pay may result in restriction, suspension, or termination of your account without prior notice.
Current pricing (if applicable) is governed by the Terms of Service and may be displayed inside the user dashboard or checkout pages.
8. Data Sharing & Disclosure
We may share data with:
- Hosting and cloud providers
- Payment processors
- Analytics and tracking providers
- Advertising partners (with consent where required)
- Legal authorities when required by law
- Potential buyers, investors, or acquirers during corporate transactions
We do not knowingly sell Personal Data for money as a primary business model. However, data sharing with partners for advertising purposes may be considered "sharing" under certain laws.
9. International Data Transfers
Your data may be transferred and stored outside your country of residence. We use appropriate safeguards such as standard contractual clauses, encryption, and access controls to protect international transfers.
10. Data Retention Periods
We keep Personal Data only as long as required
11. User Rights Under Global Privacy Laws
Depending on your location, you may have rights to:
- Access your data
- Correct inaccurate data
- Delete your data
- Restrict processing
- Object to processing
- Data portability
- Withdraw consent
- Opt-out of personalised advertising
12. California Privacy Rights (CCPA/CPRA)
California residents may request disclosure, deletion, correction, and opt-out of data sharing. We do not discriminate against users for exercising legal rights.
13. Canadian Privacy Rights (PIPEDA)
Canadian users have the right to access, correct and challenge the accuracy of Personal Data.
14. Brazilian Privacy Rights (LGPD)
Brazilian residents have rights to confirmation of processing, access, correction, anonymisation, portability, and deletion.
15. Automated Decision-Making & Profiling
We may use algorithms for content ranking, moderation and recommendations. These systems do not produce legal effects without human oversight.
16. Data Security Measures
We apply encryption, access controls, system monitoring, vulnerability testing and internal security policies. However, no system can be guaranteed 100% secure, and you use the Services at your own risk.
17. Data Breach Notification
If a data breach occurs, we will assess risk and notify users and regulators where legally required. We are not liable for any damages caused by data breaches, hacking, cyberattacks, or unauthorized access, except where mandatory law strictly requires otherwise.
18. Children's Privacy
The Services are not intended for children under the legal minimum age. We do not knowingly collect data from minors.
19. Third-Party Links & External Services
We are not responsible for external websites, services, content, software, or payment systems linked through the platform.
20. Changes to This Privacy Policy & User Obligation to Monitor
We reserve the unrestricted right to update, modify, replace or amend this Privacy Policy at any time, at our sole discretion, without prior notice.
⚠️ USER OBLIGATION:
You expressly agree that it is your personal responsibility to:
- Regularly review this Privacy Policy;
- Monitor all updates and changes;
- Stay informed about current terms and fees.
Your continued use of the Services after any changes automatically means full acceptance of the updated Policy.
21. Account Suspension, Termination & Data Consequences
We may suspend, restrict, or permanently terminate accounts at any time, with or without notice, for any reason permitted by law. Upon termination, access to data, content, balances, subscriptions, or services may be lost permanently, without compensation.
22. Absolute Disclaimer of Liability
⚠️ MAXIMUM DISCLAIMER: To the fullest extent permitted by law:
- The Socium bears NO responsibility or liability whatsoever for user actions, content, payments, financial losses, disputes, technical failures, service outages, lost profits, lost data, reputational harm, or indirect damages.
- All Services are provided "AS IS" and "AS AVAILABLE" without any warranties of any kind.
- You use the platform entirely at your own risk.
- We are not responsible for the behavior, accuracy, legality, safety, or reliability of any user, content, transaction, or third-party service.
By using the Services you confirm that you have read, understood, and fully accepted this Privacy Policy, including the absolute disclaimer of liability, automatic payment authorisations, and continuous update obligation.