KYC Agreement

BeeVibe KYC Agreement

Version: 1.5 Last updated: 2026-04-27

1. What this agreement does

This KYC Agreement is entered into between you ("you") and BV Labs, Inc. ("BV Labs," "we," "us"). It covers the identity verification process and the consequences of completing it.

This KYC Agreement is separate from and in addition to the Terms of Service, Privacy Policy, and Community Guidelines, all of which continue to apply.

This KYC Agreement does NOT grant you a creator market. If you also want to create a market and tokenize your identity, you will be asked to sign the separate Creator Agreement at market submission.

2. Who this is for

You are signing this agreement because you have chosen one of the following paths:

Path A: Verified User — you want enhanced withdrawal limits and other features available only to KYC'd users.
Path B: Pre-Creator — you are about to begin the Creator process and must first complete KYC as a prerequisite.

Either way, the KYC process and this agreement are the same. The distinction becomes meaningful only after KYC: Path A ends here; Path B continues to the Creator flow and Creator Agreement.

3. What information we will collect

To verify your identity, you will be asked to provide the following information to our KYC provider (Persona, Sumsub, or similar):

Full legal name
Date of birth
Residential address
Government-issued photo ID (passport, driver's license, or national ID)
Photo of yourself (selfie) and possibly a short liveness video
Nationality and country of residence
Other information the KYC provider may require (phone number, tax ID, source-of-funds questions)

You must provide truthful and current information. Submitting false, forged, or another person's information is fraud and is grounds for account termination, forfeiture of assets, and referral to law enforcement.

4. How this information is used

BV Labs uses your KYC information to:

Verify your identity
Confirm you are not on any sanctions list
Confirm you are not located in a Prohibited Jurisdiction
Comply with anti-money-laundering ("AML"), counter-terrorism-financing ("CFT"), sanctions, and tax laws
Detect, prevent, and investigate fraud
Respond to valid legal process
Enforce our Terms of Service and other agreements

Our full data-handling practices are described in the Privacy Policy.

5. Retention of KYC information

We retain KYC information for as long as your account is active and for a period after account closure as required by applicable law (typically 5 to 7 years). Certain records may be retained longer for fraud, tax, or compliance reasons.

6. Sharing with third parties

Your KYC information may be shared with:

Our KYC provider (Persona / Sumsub / similar) to perform verification
Fraud and compliance vendors to detect suspicious activity
Legal and tax authorities pursuant to valid legal process or legal obligation

Your KYC information is not shared with other BeeVibe users. Other users see only your public profile (display name, bio, profile picture).

7. Verification outcomes

After submitting your information, we may:

Approve your KYC — you become a Verified User (and, if applicable, may proceed to Creator signup).
Request additional information — we may ask for documents or clarification.
Reject your KYC — we may deny verification for any reason, including but not limited to failed identity checks, sanctions hits, or inconsistencies. We are not obligated to share the reason for a rejection, though we may do so at our discretion.

A rejection does not terminate your Registered User account; you remain able to use Tier 2 features subject to default limits.

8. Ongoing obligations

As a Verified User, you agree to:

Keep your information current. Notify us within 30 days of any material change (new address, name change, new nationality).
Submit to periodic re-verification if required by law or our compliance program.
Not share or transfer your Verified User status to another person — your KYC is yours alone.
Cooperate with additional screening if we have reason to believe your account is involved in suspicious activity.

9. Suspension or revocation of Verified status

We may suspend or revoke your Verified User status if:

We discover your submitted KYC information was false
Your circumstances change in a way that makes you ineligible (e.g., you move to a Prohibited Jurisdiction)
You become subject to a sanctions list
You engage in conduct that, in our sole discretion, creates unreasonable compliance or legal risk

If your Verified status is revoked, you will lose access to Verified-User-only features, including enhanced withdrawal limits. Your underlying Registered User account may also be suspended or terminated if the revocation is due to your misconduct.

10. No promise of approval

Signing this Agreement and submitting KYC information does not guarantee:

That you will be verified
That you will be permitted to become a Creator (Creator approval is a separate, discretionary process)
That you will receive any specific perks, feature access, or limits
That BV Labs will retain KYC as an option in the future

BV Labs retains full discretion over KYC approval, feature availability, and program structure.

11. Your data rights

See the Privacy Policy for your data rights (access, correction, deletion, and, where applicable, GDPR/CCPA rights). Note that certain rights (particularly deletion) are limited by our legal retention obligations.

12. Dispute resolution

Disputes arising from this KYC Agreement are resolved in accordance with Section 17 of the Terms of Service (binding arbitration, class action waiver, jury trial waiver, small-claims carveout).

13. Acknowledgment

By proceeding to the KYC provider, you acknowledge that you have read, understood, and agree to this KYC Agreement.