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LeXcheX

Prove accredited-investor status onchain without revealing your balances

Many private investment rounds are open only to accredited investors. LeXcheX (lexchex.metalex.tech) lets you prove that status from your onchain wealth and carry the result as a credential the other MetaLeX apps can check.

LeXcheX

When you need a credential

A publicly advertised cyberRAISE round is open only to accredited investors, so you need a valid LeXcheX credential before you can invest in one. The cyberRAISE public-rounds list and your profile both show your accreditation status and link here. Once you hold a credential, every round that requires it checks it automatically.

The credential is a soulbound NFT: a non-transferable certificate bound to the wallet that earned it. It can't be sent, sold or moved to another wallet, and it proves that the wallet's holder is accredited.

Get accredited in three steps

  1. Questionnaire. Say whether you are applying as an individual or a legal entity, confirm your legal status, choose your evaluation path, and complete the compliance form, which follows SEC Rule 501(a). The wallet-based paths are net worth of $1M+ for individuals and total assets of $5M+ for entities. The form marks its other paths coming soon.

  2. Evaluation. Connect and verify the wallets that hold your assets by signing a verification message from each, and LeXcheX values the portfolio across them. You can combine several wallets, and if the first evaluation falls short you can add or swap wallets and try again. Plain wallet holdings and DeFi positions both count; very small balances, borrowed positions and tokens below a market-cap floor do not.

  3. Sign Agreement. Sign the LeXcheX agreement from your wallet, and Mint Certificate mints the accredited-investor certificate to that wallet.

An Income path, marked ALPHA, lets an individual prove $200k+ annual income through a Plaid bank connection instead of wallet assets.

Other routes to accreditation

As the cyberRAISE public-rounds list explains, an investor can also qualify by investing above a threshold (around $200k for an individual, $1M for an entity) or through manual verification by a MetaLeX attorney outside the app. Which route fits depends on your circumstances.

Keep and renew the credential

  • It stays in your wallet, and restricted rounds verify it automatically, so you don't repeat the process for each one.

  • It is tied to the wallet that holds it. Invest from a different wallet and that wallet carries no credential. Your profile follows your account across all its linked wallets, but the credential stays put.

  • Credentials expire. A certificate is generally valid for about three months. Your certificate page shows its status (active, expired or voided) and the time remaining, with a Renew Certificate button once it lapses.

Your MetaLeX account in LeXcheX

LeXcheX uses the same MetaLeX account and account card as the other apps. Clicking the card opens the account menu: Profile, Wallet Settings, the wallets connected in this browser, Link another wallet and Sign out. Profile and Wallet Settings open the profile app in a new tab, and Sign out ends your MetaLeX session as well as the wallet connection. The notices the other apps show about your wallets, such as a wallet that belongs to another profile, appear here too.

Linking or unlinking wallets on your profile never moves a credential. It stays in the wallet that earned it.

Under the hood

A LeXcheX credential is an onchain accreditation NFT issued by the protocol's LexChex / LexChexMinter contracts. A round that requires accreditation attaches a lexchexCondition, an onchain condition that checks for a valid LeXcheX credential before an investment goes through. Compliance architecture explains how this fits into Reg D and Reg S gating.

Good to know

  • Onchain wealth counts. LeXcheX exists so that assets held in your wallet can support accreditation.

  • The credential shows the test you passed and hides your balances. The certificate publicly shows which evaluation you passed and when it expires, never your holdings or their amounts.

  • LeXcheX gives no legal or financial advice. Accreditation rules vary and change, and whether you qualify is a legal question.

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