VERY Using accounts and wallets safely
Your VeryChat account provides access to conversations and profiles; VeryWallet private keys and recovery information provide access to assets. The company does not hold wallet private keys. Do not share your PIN or recovery information. Check the app’s official recovery procedure before changing devices.
Profile transfers reduce address entry, but still require checking the recipient. Confirm the recipient, asset and amount before sending; for payments, also check the store name and order. Account recovery and wallet recovery are separate processes.
Purpose and scope of KYC
KYC verifies identity and eligibility for specific features. Follow the app’s current guidance on supported countries, documents and verification methods. Consult the applicable privacy policy for collected information, processors, retention periods and deletion procedures.
The website reports VERY withdrawals through the first and second KYC rounds. Participant counts and withdrawal amounts are records at each report’s reference time; they are not total registrations or current active-user counts.
Verification is different from a guarantee
Identity verification helps reduce duplicate or fraudulent participation. A counterparty completing KYC does not guarantee every transaction’s trustworthiness. Check official app and service addresses; never enter a PIN, private key or recovery information through impersonator accounts or external links.
Wallets and privacy
On-device AI processes translation on the device. This is distinct from data processing for other functions, such as account login and sending or receiving messages.
The user-distribution map shows city- and country-level aggregates, not individuals’ real-time locations. The merchant map provides information about publicly registered stores.
Support and inquiries
Login issues, account recovery, wallet recovery and transfer or payment errors have different causes and procedures. Consult VeryChat support for the official steps for the relevant feature. Provide the transaction details needed for your inquiry, but never send private keys or recovery phrases.
Nature of this document
This whitepaper explains product experiences and the economic structure. App use and personal-data processing follow each service’s current policies. Demo balances and calculation examples are presented separately from actual campaign and withdrawal statistics.
The whitepaper’s disclaimer is in Terms, policies and document history.