Do not proceed on the Signup page of the LYKA App if you do not wish to be legally bound by this Agreement. If you do not understand this Agreement, please contact us. Please read this Agreement carefully before using the LYKA Service because the terms of this Agreement affect your legal rights and obligations. Lyka itself mentions this itself in the terms of use page: It is highly advisable you check out their website beforehand and read the terms of use available on their site before downloading the application. Right now, it doesn’t appear to have any cybersecurity breaches connected to it, and while the privacy and security policies are cause for concern, it may be something you’re comfortable with regardless. That all depends on whether or not you’re willing to take a chance on it. Lyka also put on the record in January it was hiring more developers to work on improving the application, as well as reiterating user security and privacy was a priority. Reviews for the app cite lag as a common issue, though this appears to be a concern Lyka knows about and is constantly working to mitigate. However, it doesn’t say who else will have access to your data, and doesn’t outline any steps to allow control over who can see what data you’ve made available.Īside from the privacy policy, the app itself is not immune to criticism. A separate section in the privacy policy says Lyka may “disclose your Personal Data to other users and our partners and to service providers engaged by us to assist us to provide services to you or who otherwise process Personal Data for purposes described in this Privacy Policy or notified to you when we collect your Personal Data.” There is also the matter of transparency of who is able to see your data. It said the amount and types of data collected by the app from users “form a very clear picture of someone’s identity and allows unscrupulous users to use these data for nefarious means.” The Computer Professionals’ Union (CPU) warned against using the Lyka application due to how its privacy policy is worded. What’s the deal with Lyka?Ī non-governmental organization recently warned users and those potentially looking to gain a foothold on the Lyka social media ecosystem against using the application, citing security and privacy concerns. In simpler terms it can take a while to earn the GEMs to bag yourself new shoes or an SUV. Spot’s explainer on Lyka meanwhile added how, due to Lyka’s system allowing users to give GEMs to others, influencers can also hand out GEMs to lucky or loyal followers. Max rating someone else’s photo can get you 0.02 GEMs, while someone max rating your photo can also earn you 0.05 GEMs. While this may seem enticing, it should be noted that GEMs are earned incrementally.įor example, Yugatech’s primer on Lyka explained that posting a photo on Lyka will net users 0.05 GEMs. Right now, the rate of Lyka GEMs is set at around 1 GEM per Philippine peso. As seen above, you can buy food, luxury goods, and even cars with enough Lyka GEMs, though the process to get enough GEMs for an actual car may be a chore.
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