⚡Legal and Regulatory
Ensuring legal and regulatory compliance is crucial for the credibility and sustainability of the DADAMO platform. This section outlines the compliance measures and processes we have implemented to protect our creators, investors, and viewers while adhering to international legal standards.
Compliance Objectives
Protect User Interests: Safeguard the personal and financial information of all users.
Prevent Fraud: Implement robust KYC/AML processes to prevent fraudulent activities.
Regulatory Adherence: Abide by global and local regulatory requirements to ensure the platform’s long-term viability.
Creator Onboarding Process
Before engaging with the DADAMO platform, creators must undergo a rigorous onboarding process to ensure authenticity and compliance.
Know Your Customer (KYC) Verification:
Identity Verification: Creators must submit government-issued identification documents (passport, driver’s license, national ID) to verify their identity.
Proof of Address: Submit recent utility bills, bank statements, or other acceptable documents to confirm their residential address.
Company Details: For organizational creators, additional company documentation is required, including:
Company Registration Certificates: Confirming the legal status of the company.
Directors' IDs: Identifying key individuals associated with the company.
Corporate Bank Account Details: Ensuring financial transparency and accountability.
Background Check:
Verification of Credibility: Conduct thorough background checks on creators to ensure they have a reputable history in the industry.
Portfolio Review: Assess the previous works and projects to validate the creator's experience and qualifications.
Compliance Agreement:
Terms and Conditions: Creators must agree to DADAMO’s terms and conditions, including anti-fraud policies and compliance regulations.
Code of Conduct: Adherence to a code of conduct ensuring ethical behavior and quality content creation.
Investor Verification Process
While investor KYC is not mandatory, we encourage investors to provide a basic level of verification to enhance trust and security within the platform.
Optional KYC Process:
Basic Verification: Basic information including name and country of residence.
Enhanced Verification (Optional): Government-issued ID and proof of address for higher transaction limits and enhanced platform features.
Viewer Registration Process
To ensure data security and user accountability, viewers are required to provide basic information during registration.
Account Creation:
Basic Information: Name, email address, username, and password.
Optional Details: Age and country of residence for personalized platform experiences.
Privacy Protection:
Data Encryption: All user data is encrypted to ensure privacy and security.
Consent for Data Use: Viewers must consent to the use of their data as per DADAMO’s privacy policy, ensuring compliance with data protection regulations such as GDPR and CCPA.
Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Measures
Transaction Monitoring:
Suspicious Activity Detection: Continuous monitoring of transactions to detect and flag suspicious activities.
Reporting: Compliance team to report any suspicious activities to relevant authorities in adherence to AML/CTF laws.
Regular Audits:
Internal Audits: Regular compliance audits to ensure adherence to KYC/AML policies.
Third-Party Audits: Engage reputable third-party auditors for independent assessment of compliance measures.
Legal Framework and Terms
User Agreements:
Terms and Conditions: Comprehensive terms and conditions governing the use of the DADAMO platform.
Privacy Policy: Detailed privacy policy outlining how user data is collected, used, and protected.
Content Policies: Guidelines and regulations for content creation and distribution to ensure compliance and quality standards.
Global Reach, Local Compliance: While DADAMO operates globally, we ensure compliance with local regulations in all jurisdictions where we operate.
Legal Advisors: Engagement of legal advisors in multiple jurisdictions to navigate and comply with various regulatory frameworks.
Platform Security Measures
Data Encryption:
Secure Storage: All user data is stored securely with advanced encryption methods.
Secure Transmission: Encryption of data during transmission to protect against unauthorized access.
Smart Contract Audits:
Regular Audits: Conduct regular smart contract audits to identify and mitigate vulnerabilities.
Transparency: Publish audit results to maintain transparency and build user trust.
DADAMO is committed to maintaining the highest standards of legal and regulatory compliance. Our robust KYC/AML processes, along with stringent security measures, ensure the protection and trust of all platform participants—creators, investors, and viewers. By fostering a secure and compliant environment, we aim to build a trusted and sustainable platform that benefits all stakeholders.
Last updated