NeXT.

Privacy Policy

Last Updated:

Rhomega, LLC (d/b/a/ NeXT.auction) (“Company,” “we,” “our,” or “us”) respects your privacy.

This Privacy Policy explains how we collect, use, and share information when you use our website, applications, and services (the “Platform”).

By using the Platform, you agree to this Privacy Policy. If you do not agree, please do not use the Platform.

1. Information We Collect

We collect the following types of information:

  • Account Information: When you create an account, we collect your name, email address, phone number, and other registration details.
  • Identity Verification Information: We use third-party services (Stripe Identity, Plaid) to verify your identity. This may include government-issued IDs, biometric data, and bank account information. We do not store this sensitive information directly.
  • Payment & Deposit Information: Deposits and payments are processed through Stripe and Plaid. We receive transaction confirmations but do not store your full bank account or payment card details.
  • Usage Information: We collect information about how you use the Platform, including log data, device type, and IP address.
  • Communications: If you contact us, we collect the content of your communications.

2. How We Use Information

We use the information we collect to:

  • Verify user identities before bidding
  • Process deposits, payments, and refunds
  • Facilitate online auctions and enforce binding bid rules
  • Provide, maintain, and improve the Platform
  • Communicate with you about your account, deposits, or auction activity
  • Detect, investigate, and prevent fraud or misuse

3. How We Share Information

We share information in limited circumstances:

  • Service Providers: With trusted third parties like Stripe and Plaid, who process payments, verify identity, and provide related services.
  • Auction Companies: To fulfill auction participation and purchases, we may share bidder information with auction companies.
  • Legal Requirements: If required by law, legal process, or to protect our rights, property, or safety.
  • Business Transfers: If we undergo a merger, acquisition, or sale of assets.

We do not sell or rent your personal information.

4. Your Choices

  • Access and Updates: You may update your account information at any time through your profile.
  • Deposit Refunds: You may request refunds of deposits (if no outstanding invoices) through the Platform.
  • Communications: You may opt out of promotional communications, though we may still send transactional emails.

5. Data Security

We take reasonable measures to protect your information. Sensitive data (e.g., payments, identity verification) is processed by Stripe and Plaid using industry-standard encryption and security. However, no method of transmission is 100% secure.

6. Data Retention

We retain your information for as long as needed to provide the Platform and comply with legal obligations. Deposit and transaction records are retained as required for accounting and regulatory purposes.

7. Children’s Privacy

The Platform is not directed to children under 13, and we do not knowingly collect information from children.

8. Changes to This Policy

We may update this Privacy Policy from time to time. Updates will be posted here with a new “Effective Date.” Your continued use of the Platform means you accept the updated policy.

9. Contact Us

If you have questions about this Privacy Policy, please contact us at:

Rhomega, LLC (d/b/a/ NeXT.auction)
1603 Capitol Avenue, #413-3681
Cheyenne, WY 82001