Last Updated: October 18, 2023
Koala Wallet is a software service accessible via a mobile device application and a browser service for the Network (the Network) distributed by Eucalyptus Labs Inc (Eucalyptus Labs or we or us or our) that enables users to (i) self custody digital assets; (ii) access a digital asset browser and link to decentralized applications and decentralized exchanges; (iii) view addresses and information that are part of digital asset networks and broadcast transactions; and (iv) additional functionality as Eucalyptus Labs may add to the app from time to time (collectively, the App or Koala Wallet). This Privacy Policy (Privacy Policy) helps explain how we collect, use, store, and protect your information when you use the App, our developer software, or our website at https://koalawallet.io/ (collectively the Services). Please also read Koala Wallet’s Terms of Service (the Terms), which describe the terms under which you use the Services.
Information We Collect
We receive or collect information when we operate and provide our Services, including when you install, access, or use our Services.
Information you provide
Your Account Information - In order to create a Koala Wallet account, you will install Koala Wallet from verified Eucalyptus Labs sourcing on KoalaWallet.io. You may also voluntarily add other information, such as a username, NFT profiles, or information provided to third party partners.
Your Transactions - Your Network private key, which you utilize to access your funds and initiate transactions, is stored only on your own device. However, to facilitate your transactions and provide you with your account balance, we store the Network public key address associated with your Network private key.
Customer Support - We may collect additional information you may disclose to our customer support team. Information we collect from our affiliates
Our "family of companies" is the group of companies related to us by common control or ownership ("Affiliates"). In accordance with applicable law, we may obtain information about you from our Affiliates as a normal part of conducting business with you so that we may offer our Affiliates' Services to you (e.g., convert cryptocurrency into fiat and make withdrawals into your bank account).
Automatically collected information
Metrics and Performance Data - We may collect service-related, diagnostic, and performance information. This includes high level information about your activity (such as how you use our Services and how you interact with others using our Services), and diagnostic, crash, website, and performance logs and reports.
Device and Connection Information - We may collect device-specific information when you install, access, or use our Services. This may include your IP address and, if you choose to allow push notifications through Koala Wallet, your device's unique push token. We may also temporarily collect information about decentralized applications (dapps) that you are connecting to, while establishing that connection.
Status Information - We may collect information about your online status on our Services, such as when you last used our Services (your last seen status).
How We Use The Information We Collect
Our primary purpose in collecting information is to help us operate, provide, improve, customize, support, and market our Services. We may use your information to:
Provide the Services and customer support you request; Resolve disputes and troubleshoot problems; Prevent and investigate potentially prohibited or illegal activities, and/or violations of our posted User Agreement; Customize, measure, and improve the Services and the content and layout of our application; and Deliver targeted marketing and service update notices based on your communications preferences. We will not use your information for purposes other than those purposes we have disclosed to you, without your permission.
Affiliate Sharing
Our Eucalyptus Labs family of companies or affiliates: Our "family of companies" is the group of companies related to us by common control or ownership (Affiliates). We may share your information with our Affiliates if you link your Koala Wallet with third party accounts, as part of the normal conduct of business and in order to offer products and services to you.
Marketing
We will never sell or rent your information to third parties.
Any communications we send to you will either be related to your account or will be related to the Services. In the event we send any communication to you which is not related specifically to your account, we will provide you with an "unsubscribe" mechanism through which you may opt out of receiving other similar messages in the future.
We do not share user data with third-party services for marketing or advertising purposes in Koala Wallet.
How Your Information Is Shared With Other Koala Wallet Users
If you use your account to engage in a transaction with another user, that user will have access to your transaction information. Users with whom you interact with may store or re-share your information with others, on or off of our Services. We, however, will never store your transaction information.
How We Share Information With Third Parties
We work with third-party providers to help us operate, provide, improve, customize, support, and market our Services. For example, we work with companies to distribute our apps, provide our infrastructure, delivery, and other systems. These providers may provide us information about you in certain circumstances; for example, app stores may provide us reports to help us diagnose and fix service issues.
We may also share information with law enforcement, government officials, or other third parties when:
We are compelled to do so by a subpoena, court order, or similar legal procedure; or We believe in good faith that the disclosure of personal information is necessary to prevent physical harm or financial loss, to report suspected illegal activity or to investigate violations of our Terms. Finally, we may share information with companies or other entities that we plan to merge with or be acquired by. Should such a combination occur, we will require that the new combined entity follow this Privacy Policy with respect to your personal information. You will receive prior notice of any change in applicable policy.
How we use Cookies
When you access our Services, we may place small data files called cookies or pixel tags on your computer or mobile device.
We use these files to understand, secure, operate, and provide our Services. For example, we use cookies to:
Provide all web-based Services, improve your experience, and understand how our Services are being used; Measure the effectiveness of our promotions; and Remember your choices and customize our Services for you. You can follow the instructions provided by your browser or device (usually located under Settings or Preferences) to modify your cookie or pixel data settings. Please note that if you set your browser or device to disable cookies, certain of our Services may not function properly.
How you can access or change your information
Since Koala Wallet is a non-custodial wallet application, we do not have access to your recovery phrase or private key(s), as it is stored only locally on the phone in secure storage. Private cryptographic data are not in any way shared with our Services or with 3rd party data brokers or service providers. Public keys, transaction IDs, addresses and other non-sensitive data may be shared outside of the app with Services, websites and/or providers such as but not limited to blockchain explorers and crypto purchasing onramps. At your discretion, you may at any time delete the locally-stored private cryptographic data under Settings from local secure data storage.
You may delete your Koala wallet (recovery phrase, private key(s) and app PIN) at any time from the app's settings. Please remember that when you delete your account wallet, it does not affect the data on the block chain related to your public address. Please also note that Koala Wallet does not ever store your cryptographic data outside of the application, so if you do decide to delete the application, make sure you have a copy of your cryptographic data in a secure, offline place. We do provide a feature within the App that will display your locally stored cryptographic data to you in readable form so that you may write it down and keep a copy of the key information off of your device.
Our Global Operations
You agree to our information practices, including the collection, use, processing, and sharing of your information as described in this Privacy Policy, as well as the transfer and processing of your information to the United States and other countries globally where we have or use facilities, service providers, or partners, regardless of where you use our Services.
You acknowledge that the laws, regulations, and standards of the country in which your information is stored or processed may be different from those of your own country. However, we require our service providers to treat your information in strict confidence and use appropriate security measures to protect it. We also require them to uphold all obligations under this Privacy Policy.
Updates To Our Policy
We may amend or update our Privacy Policy from time to time and give you the opportunity to review the updated Privacy Policy before choosing to continue to use Koala Wallet. We will notify you of material changes to this policy by updating the last updated date at the top of this page, and we will provide you with explicit notice of material changes as required by law.
Contact Us
If you have any questions about our Privacy Policy, please do not hesitate to contact us at dpo@eucalyptuslabs.com