Uploaded February 2025 | Updated September 2026, 4 days ago
Lombe (Wayex) reveals why many “VCs” are just two-person outfits with a logo, how influencers can mislead you with fake hype, and why most tokens lack real utility. Learn his strategies for navigating meme coins, avoiding scams, and timing your exits—plus insights on safer yields through real-world assets. If you’re ready to see crypto’s reality beyond the buzz, this session is an essential watch.
Speaker Credit:
(Luke Lombe) – (Wayex)
Timestamps:
0:02 Introduction & the excitement around Bitcoin’s rally
0:38 Luke’s background: early Ethereum investment and “losing diamond hands”
1:16 Faculty Group overview: a Web3 venture studio with multiple services
2:17 Venture capital “truths”: syndicates, fake VCs, and quick token dumps
4:59 The long bull market start (over 12 months) and coming “TG season” token launches
6:45 Key Opinion Leaders vs. influencers: who’s broke, who’s genuine, and paid promotions
9:02 Fake followers, exit liquidity tactics, and why claims of “I’m buying” can be deceptive
10:59 Token realities: 15,000+ tokens but only ~200 have real utility
12:15 Common question: why use blockchain, and why a native token?
13:32 Broken revenue models: token dumping as a survival strategy for many projects
15:34 Meme coins as the “honest unregulated casino” and chain adoption boosters
19:56 Avoid round-tripping: DCA out, the risk of riding tokens from top to bottom
21:00 Surviving a shorter-than-expected bull run and VC dump potential
22:00 Exiting to bricks or real-world assets (RWA) for safer yields
23:01 Positive outlook: blockchain as paradigm-shifting tech, AI synergy, and decentralisation
24:01 Earning free upcoming tokens by staking stablecoins or ETH
25:00 RWA discussion: combining crypto rails with stable, yield-generating real-world lending
Lombe (Wayex) reveals why many “VCs” are just two-person outfits with a logo, how influencers can mislead you with fake hype, and why most tokens lack real utility. Learn his strategies for navigating meme coins, avoiding scams, and timing your exits—plus insights on safer yields through real-world assets. If you’re ready to see crypto’s reality beyond the buzz, this session is an essential watch.
Speaker Credit:
(Luke Lombe) – (Wayex)
Timestamps:
0:02 Introduction & the excitement around Bitcoin’s rally
0:38 Luke’s background: early Ethereum investment and “losing diamond hands”
1:16 Faculty Group overview: a Web3 venture studio with multiple services
2:17 Venture capital “truths”: syndicates, fake VCs, and quick token dumps
4:59 The long bull market start (over 12 months) and coming “TG season” token launches
6:45 Key Opinion Leaders vs. influencers: who’s broke, who’s genuine, and paid promotions
9:02 Fake followers, exit liquidity tactics, and why claims of “I’m buying” can be deceptive
10:59 Token realities: 15,000+ tokens but only ~200 have real utility
12:15 Common question: why use blockchain, and why a native token?
13:32 Broken revenue models: token dumping as a survival strategy for many projects
15:34 Meme coins as the “honest unregulated casino” and chain adoption boosters
19:56 Avoid round-tripping: DCA out, the risk of riding tokens from top to bottom
21:00 Surviving a shorter-than-expected bull run and VC dump potential
22:00 Exiting to bricks or real-world assets (RWA) for safer yields
23:01 Positive outlook: blockchain as paradigm-shifting tech, AI synergy, and decentralisation
24:01 Earning free upcoming tokens by staking stablecoins or ETH
25:00 RWA discussion: combining crypto rails with stable, yield-generating real-world lending


![DeFi Evolution: 1inch Network Cross-Chain Swaps & Intent-Based Trading - Sergej Kunz | AusCryptoCon
Is DeFi the future of finance? Sergej Kunz, co-founder of 1inch Network, the leading decentralized exchange aggregator, presents a deep dive into the evolution of DeFi and the innovative solutions 1inch is building. From their start at a hackathon to pioneering intent-based trading with Fusion Protocol and cross-chain swaps, discover how 1inch is making DeFi more accessible, efficient, and secure.
Learn about the early stage of crypto adoption, the benefits of decentralized finance, and the future of tokenized asset trading. Presented at AusCryptoCon 2024.
Timestamped Chapters:
[0:00] Introduction to 1inch Network & Co-founder Sergei Kun at AusCryptoCon - Sergej co-founder of 1inch Network, introduces himself and the origin story of 1inch.
[0:20] 1inch Network Origin Story: From Hackathon to DeFi Innovation - Sergei recounts how 1inch Network started at a New York City hackathon in 2019 with the idea of DEX aggregation.
[0:57] Collaboration with Bruce Lee Family: 1inch Brand & Philosophy - Explains the collaboration with the Bruce Lee Foundation and how Bruce Lees pro mentality inspires 1inchs approach.
[1:40] Crypto Market is Still Early: Internet Adoption Parallels & Growth Potential - Highlights that crypto adoption is still in its early stages, comparing it to the internet in the year 2000.
[2:07] Web3 vs Web2: Decentralization, Ownership & User Empowerment - Compares Web3 to Web2, focusing on decentralization, data ownership, and user control in Web3.
[2:47] Non-Custodial Wallets & DeFi: Taking Control of Your Crypto Assets - Discusses the importance of non-custodial wallets and DeFi in empowering users to control their funds and avoid centralized risks.
[3:44] DeFi Explained: Decentralized Finance & Smart Contracts - Defines Decentralized Finance (DeFi) and how smart contracts automate financial transactions without intermediaries.
[4:53] DeFi Accessibility: Global, 24/7 & Permissionless Financial Access - Explains the accessibility of DeFi, highlighting its global reach, 24/7 availability, and permissionless nature.
[6:00] DeFi Composability: Building Blocks for Innovation & New Financial Products - Focuses on the composability of DeFi protocols and how it enables innovation and building new financial applications.
[6:56] DeFi Trustless Nature: Eliminating Intermediaries & Enhancing Efficiency - Explains the trustless nature of DeFi and how it removes intermediaries, leading to greater efficiency and lower costs.
[9:58] DeFi Non-Custodial Nature: True Ownership & Control of Funds - Re-emphasizes the non-custodial aspect of DeFi, highlighting user control and ownership of their crypto assets.
[10:55] DeFi Market Size & Fragmentation: Growth Potential & Challenges - Discusses the current size of the DeFi market, its fragmentation, and the potential for future growth and consolidation.
[12:56] Crypto Fragmentation & Liquidity: Bitcoin, Altcoins & Cross-Chain Solutions - Explores the fragmentation of liquidity across different blockchains and the need for cross-chain solutions.
[14:11] 1inch Fusion Protocol: Intent-Based Trading & DEX Aggregation - Introduces 1inch Fusion Protocol as an intent-based protocol for cross-chain swaps and enhanced DEX aggregation.
[15:27] 1inch Fusion Plus: Seamless, Secure & Gasless Cross-Chain Swaps - Details the features of 1inch Fusion Plus, emphasizing its seamless user experience, security, self-custody, and gasless transactions.
[16:37] MEV Protection by Design: Addressing Front-Running & Sandwich Attacks - Explains how 1inch Fusion Protocol provides MEV (Miner Extractable Value) protection to prevent front-running and sandwich attacks.
[17:39] 1inch D-Auction Approach: Optimizing Price Execution for Users - Details the Dutch Auction approach used in 1inch Fusion Protocol to optimize price execution and benefit users.
[21:45] Future of Trading: 24/7, Trustless & Tokenized Assets - Vision for the future of trading, highlighting 24/7 availability, trustless nature, and the trading of tokenized real-world assets.
[22:51] 1inch Licenses & Regulatory Compliance: Building for Tokenized Securities Trading - Discusses 1inchs efforts in obtaining licenses and ensuring regulatory compliance for trading tokenized securities.
[23:29] Not Your Keys, Not Your Money: Emphasizing Self-Custody & Security - Reiterates the crucial principle of self-custody in crypto: Not your keys, not your money.
[23:40] 1inch Network Products: dApp & Non-Custodial Wallet - Promotes 1inch Networks dApp and non-custodial wallet for accessing their services.
[24:09] Physical Airdrop & 1inch Swag Contest: Community Engagement & Wallet Adoption - Announces the physical airdrop of 1inch tokens and a contest to win 1inch swag, encouraging wallet adoption.
https://app.1inch.io/#/1/simple/swap/1:ETH
Attend AusCryptoCon Next Year for More DeFi & Web3 Insights! Get your tickets for AusCryptoCon at: https://auscryptocon.com/ DeFi Evolution: 1inch Network Cross-Chain Swaps & Intent-Based Trading - Sergej Kunz | AusCryptoCon](https://i.ytimg.com/vi/6j7ffGpd3aA/mqdefault.jpg)







