1/ StackerDAO Labs is now Lexproof.
Our mission is to be the most trusted partner to navigate web3 regulatory compliance by building solutions that complement—not undermine—web3’s value prop.
Privacy, composability, & self-sovereignty: Compliance, the web3 way.
Let’s dig in.
17/ Another bright spot—and I'm going to have to put in a plug for my startup @LexproofHQ here—is that it highlights industry led development of new compliance tech for DeFi as a positive.
And this is exactly what Lexproof is building: web3 native compliance infrastructure.
Have questions about the US Treasury DeFi risk assessment that was published today?
Check out this summary by our cofounder & CEO (who’s also a lawyer).
1/ Today, the U.S. Treasury published its DeFi Risk Assessment.
Imo, it's one of the most consequential U.S. pronouncements on crypto since the DAO Report (maybe more important)
Your favorite lawyer-turned-web3 startup founder read it so you don't have to.
Let's dig in.
One of the few bright spots in the U.S. Treasury's DeFi Risk Assessment that was released today is that Treasury is endorsing industry led solutions for DeFi compliance—including ZK proofs.
That's what Lexproof is building: ZK compliance verification.
Reach out to learn more.
Decentralized identities, ZK proofs, and legal plumbing you say?
That’s exactly what we’re building with Certify, our ZK compliance verification product.
Lexproof will be instrumental in ensuring RWAs reach real world adoption.
Lexproof: compliance, the web3 way.
It’s a bit limiting, and can be a bit difficult, but a Reg CF (legal crowdfunding in the US) offering fits nicely into crypto’s user owned ethos.
If anyone is working on crypto Reg CF offerings, what we’re building at @LexproofHQ may help.
Hit me up. I’d love to chat.
Today we’re starting a process that will let writers invest in Substack.
You can find the full details of this community round, which will also be open to non-writers if there is room, and make an investment here: wefunder.com/substack
Last week the EU passed a plenary vote enshrining ZK proofs as a way to reinforce privacy and selective disclosure
That's why Certify—our compliance verification product—leverages ZKPs
Privacy, composability, & self-sovereignty
Compliance, the web3 way
theblock.co/post/220515/euro…
This is exactly the kind of regulatory problems @LexproofHQ is solving—helping companies comply with securities and investment company laws in a web3 native way.
If anyone is building RWA products and seeking web3 native compliance infra, I’d love to chat—my DMs are open.
1/4
This is where it gets fucked.
It’s totally compliant with EU regs to sell this to qualified purchasers, but under US regs if anyone makes it available to a US person even inadvertently then they’ve underwritten a security.
🟣 ➾ Legal and Compliance
As Web3 becomes more popular, there are more things to think about when it comes to legal and compliance issues.
Learning more about these things, like regulatory compliance, intellectual property law, and privacy law, can help ensure your project runs legally and ethically.
Can read up more here to have a deeper understanding 👇
twitter.com/LexproofHQ/statu…
1/ For web3 to reach its first billion users, the industry must be able to easily contend with real world legal realities.
That’s why we’re proud to announce we’re building on @0xPolygon for our first product in a suite of web3 legal and compliance tech tools.
Let’s dig in.
Compliance is now top of mind for many crypto teams.
Check out Lexproof’s CEO, @Orlando_btc, in this @DefiantNews article discussing the current crypto regulatory landscape.
If you’re a project looking for compliance, the web3 way—our DMs are open.
thedefiant.io/ethereum-devel…
We at Lexproof are proud to build on top of the first ZK decentralized ID solution with @0xPolygonID.
We’re helping apps, businesses, and institutions comply with regs in a web3 native way.
Privacy, composability, & self-sovereignty.
Compliance, the web3 way.
Today, we’re proud to announce the release of the open-source, Polygon ID Identity Infrastructure! 🎉
This is the first decentralized identity platform using zero-knowledge (ZK) to issue credentials on-chain, making it secure and privacy-preserving to power identity on web3.
🧵
What Zero-Knowledge and decentralized ID tech powers Lexproof’s Certify product (ZK compliance verification)?
#PolygonID
Read more about @0xPolygonID below.
Lexproof: compliance, the web3 way.
The Self-Sovereign Identity (SSI) movement is revolutionizing the way personal data is controlled and managed.
#PolygonID is the first identity solution that allows users to generate ZK proofs to prove statements on-chain based on real-world documents. 🔗
Lexproof will be at ETHDenver from Wed-Sun (3/1-3/5).
If you’re an investor, potential customer, partner, or just interested in how we’re leveraging ZK proofs to help apps, businesses, and financial institutions comply with regs in a web3 native way—shoot us a DM.
>You go on your favorite dApp, crypto exchange, or investing platform
>App needs to see identifying/financial info to comply w/ regs
>You don’t want to show the app your personal info
>you use ZK proofs to verify your identity & legal status
>you realize you’re using @LexproofHQ
>You go on your favorite dApp, crypto exchange, or investing platform
>App needs to see identifying/financial info to comply w/ regs
>You don’t want to show the app your personal info
>you use ZK proofs to verify your identity & legal status
>you realize you’re using @LexproofHQ
>You're at a bar.
>The bouncer needs to see your ID.
>You don't want to show the bouncer your personal info.
>You use a zero-knowledge proof to prove your age without showing your ID.
>You realize you're living in the future.
tiktok.com/t/ZTRtwcQ8R/
By building on @0xPolygonID, we’re leveraging the premier DID solution backed by ETH’s leading scaling solution, @0xPolygon.
Our compliance verification infra will be composable w/ the entire Polygon ID ecosystem, from DAO membership and on-chain resumes to credit history.
Curious about yesterday’s SEC enforcement action against Do Kwon and Terraform Labs and what it means for crypto going forward?
Check out this summary from our cofounder & CEO.
1/ gm. Yesterday, the SEC filed an enforcement action against Do Kwon and Terraform Labs (Terra dev co).
Your favorite crypto lawyer-founder read the compliant so you don't have to.
Here's a recap of the compliant, and its ramifications for crypto.
Let's dig in: