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6 Questions for Lugui Tillier about Bitcoin and the future of crypto

Lugui Tillier

Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro —a city with a burgeoning crypto industry.

But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it evolved into his first full-time crypto job with Lumx in 2021.

1) How did you get into crypto?

I was very fortunate because the father of one of my closest friends was the one who founded the first crypto firm here in Brazil in 2016 — BLP Crypto. Before that, he was always talking to me about crypto and blockchain, telling me it was the future and that I should learn more about it. So around 2019, I finally listened to him and started studying Bitcoin. I started working for Lumx in 2021.

2) Tell us about Lumx and what you do for them.

We are a blockchain abstraction solution for big enterprises. We help anyone who wants to integrate blockchain into their business, or companies that want to deploy projects or experiment on blockchain. We do things like payment solutions and decentralized identity (DID) solutions.

Big companies can mostly focus only on their own applications — not on hiring blockchain engineers or learning about blockchain technology and infrastructure, which is still complex. So we enable those big companies to work and test safely. I’m the manager of sales for Lumx, so I’m the one responsible for building and maintaining relationships with blockchains and protocols.

3) Do you invest in crypto yourself? What do you take the most interest in right now?

I’m investing a lot in layer 2s. (I like Polygon, Arbitrum, and ZK solutions — such as ZK-Sync and Linea.) In the last cycle, we saw a lot of projects start on Ethereum, and that was unsustainable. We were paying $50 (or more) per transaction. There were days that we had gas wars, and people were paying almost six Ethereum per transaction.

Lugui Tillier at the Savvy Brain Academy in Tanzania, a school he began donating to in 2017 using Bitcoin.

I still don’t know if there was just a lack of knowledge that you could build stuff on a layer 2 among new projects and companies at the time. But people wanted to have exposure to Ethereum, so stuff that should have been happening on layer 2s was happening on Ethereum.

Liquidity is flowing to layer 2s now, so layer 2s are more prepared for the next wave.

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