A good company needs more than a good idea, it needs people who can execute on such ideas and the ability to bring Visions, to Reality.
Stephen Meade | Board Chairman and Founder
Stephen Meade, Board Chairman and Founder – As a the current Chairman of co-Founder of MonetaPro, Mr. Meade has played an integral role in developing the Company’s business model, management team, systems and strategy. Under his direction the company has created several product offerings based on the same core technology.
MonetaPro is a closed-loop payment system for Global Non-Cash Trading. Acting as a sell-for-credit exchange, the platfrom allows copmanies to list for sell to other companie. Instead of cash, MonetaPros works on an internal trade credit (called a GBUC- pronounced G-Buck) and stands for a General Business Usage Credit). MonetaPro creates a one-to-many trade system.
Mr. Meade is also the Principal in the holding company BigBamboo, LLC. (www.BigBambooLLC.com), which was formed to help bring companies from conceptualization to creation. Serving as Chairman and “Resident Rainmaker”, the company has created other entities such as- www.Cenoplex.com, www.Starbiz.tv, www.spoonmantics.com, Principles of Communication, MBTweeners, and several more.
Mr. Meade has been involved in e-commerce for over 20 years, having launched two other successful e-commerce ventures. This success has provided for an extended base of knowledge in the transaction processing and payment facilitation space.
In 1999 SiteVisions was created and is an ongoing concern that engages in web site and database development. The company was sold in the spring of 2000.
In 1996, Mr. Meade founded VirtualSellers.com (OTC BB: VDOT), a provider of e-commerce transaction processing services for Internet-based e-tailers. Mr. Meade helped develop the transaction processing systems at VDOT. VDOT was sold in 1999 to a public company that assumed the name Virtualsellers.com. At it’s height, VDOT had a market cap of $950 Million.
Under his direction the company created a transaction processing system that was seamless for the consumer. VDOT provided a private labeled ecommerce engine and customized shopping cart. VDOT also used their own merchant account to process and clear online transaction and orders for hundreds of different web sites.
The company provided a service of back-end transaction processing and clearing. The selling company would receive a check and mailing label and was left to simply ship their products. The focus on actual sales and completed orders, as opposed to hits, page views or impressions, led the company to track different metrics for success- actual sales.
The end result was a hit-to-sales ratio of 6.5% versus an industry average of under 1%. In regards to shopping cart bail-out and order completion rate, the success was over 78% versus an industry average of only 16%.
VDOT- the technology, service and concept- was an early precursor to what later became PayPal.
Prior to founding VDOT, Mr. Meade was a regional vice president with Travelers Group, a Fortune 500 financial services company. His responsibilities included hiring and training a sales force with full commission positions. He was licensed in the insurance and securities industries and held a Series 6 & 63 license as well as Series 26 Principle’s license. Mr. Meade is a proven entrepreneur and leader, with a unique ability to network within high profile organizations.
A graduate of the University of Missouri at Kansas City, Mr. Meade started in business when he was 18 where he created and owned retail stores which sold watches and fashion items called Times Up!
He has co-written three books in the field of credit improvement/budget and finance, which were marketed through seminars and newspapers. He also co-produced an infomercial for the product to be marketed nationwide.
Utilizing a background in sales and sales psychology, Mr. Meade brings a unique perspective to the world of online commerce and transaction processing. With the use of Neurolinguistics, logic flow, and site design, Mr. Meade has created successful, intuitive and forward thinking online business models.
The user interface of the latest company has generated such comments as; “elegant”, “wow!”, “unlike any business application that exists”, “intuitive”, and “impressive” from such luminary companies as SAP, NASA, Nebraska Economic Development, and Accenture.
Mr. Meade is a proven speaker and has been on panels, covered topics at industry events and given lectures at numerous universities including Northwestern University , University of Chicago, Loyola University, Peter Kiewit Institute, Illinois Institute of Technology, University of Illinois at Chicago, University of Missouri at Kansas City, and the University of Nebraska.
Mr. Meade is a Founding Member of KnockNOW- a non-profit created to accelerate the opportunity for entrepreneurs- www.knocknow.com, is on the Advisory Board of the Chicago House of Blues, and is an avid soccer and volleyball player.
Mr. Meade is on the advisory board of the following companies: Internation House of Blues Foundation- Chicago, (www.hob.com), Massachusetts Institute of Technology (MIT) Enterprise Forum (www.mitefchicago.org ), PC Guild, which provides a tour management solution for Bands and entertainment (www.pcguild.com), Reinvention, Inc, which provides growth strategy and marketing for Women led businesses (www.reinventioninc.com).
Recently, Mr. Meade was selected as a judge for the prestigious global business plan challenge from Thunderbird (www.innovationchallenge.com), and a finalist judge for Boats.com e-commerce challenge.
Jay Sato | Chief Marketing Officer
Mr. Sato has over 25 years of executive marketing experience at Sony Electronic Inc. As a General Manager and Vice President he was responsible for creating new product categories for Sony. He was part of the team that introduced the Compact Disc player and format in 1982. In 1985 he launched the first consumer camcorder and built the Handycam™ camcorder business into $1 billion in sales and sustained a #1 market share position that Sony still enjoys. His management responsibilities included sales, marketing, financials, innovative product development, flexible pricing structures, procurement (supply chain), impactful promotions, award-winning national TV/print advertising, ground-breaking websites, and retail-partner merchandising. He also created the first U.S. home video competition with the American Film Institute and Francis Coppola and ran the contest for 14 years.
To expand Sony’s imaging business, he created and developed Sony’s digital camera division. Within one year of introducing Sony’s Digital Mavica™ camera, Sony gained #1 market share. To expand the application and enjoyment of digital imaging, he then led a development team of engineers, operations, marketers and lawyers and set-up ImageStation.com, Sony’s entrepreneurial venture in image sharing, printing and gifting website services. ImageStation.com garnered almost 2 million active members in its first year and received numerous industry awards for its innovative capabilities. To elevate Sony’s other web services, he was assigned all marketing for SonyStyle.com, Sony’s eCommerce website. He supervised all advertising (TV, print, email, banner) and oversaw CRM database management and web analytics for demand generation, customer acquisition and retention.
Mr. Sato received an engineering degree from the University of California, Berkeley, and an MBA from Harvard Business School. He current holds 5 patents and 12 patents pending in digital imaging.
Robert C. Jacobson | Director of Token Relations
Robert Jacobson works at the intersection of technology, finance, and business development. His experience in private equity and angel investing is as a cofounder and as a principal, notably as co-founder of the private equity firm Desert Sky Holdings, and a principal with the Space Angels Network, which targeted early-stage aerospace opportunities.
Jacobson is an experienced and successful community builder, and he counts co-founding the Aerospace & Defense Forum – a global aerospace and defense leadership community of over 1500 executives – and co-founding the 62MileClub, as well as his partnership in Gather Green, among his many accomplishments.
As an investor and entrepreneur, Jacobson has a deep understanding of both sides of the table. His clients and portfolio are diverse; his reach includes the renewable energy, software, aerospace, media, and manufacturing sectors.
Jacobson is a bridge builder who connects fast-paced transformative efforts to meet goals and objectives, skills facilitated by his unique education. His background includes a degree from University of Southern California, where he studied business and music, an MFA from the California Institute of the Arts, completion of the Space Studies Program at the Israel’s Technion Institute, and a certificate of Real Estate Investments from UCLA Extension.
He also has a high degree of knowledge around the blockchain, having worked with partners and clients to strategize various blockchain-related opportunities, and co-authored a white paper on leveraging blockchain technology and geospatial data to improve land administration infrastructure. This white paper evolved into the firm SpatialTrust, an effort that informs his work today.
Igor Barash | Head Of Product & Operations
Mr. Barash is an experienced Technology Product and Operations Executive who co-founded CyberDefender Corporation, an Internet security software company where he served as both Chief Product Officer and Chief Information Officer. The company was a true garage to Nasdaq story. Mr. Barash directed the development and successful market introduction of many of their leading Internet security products including MyCleanPC.com and USTechSupport.com, which serve over 100 million users worldwide. Additionally, he assisted the company in growing from a startup to over $64 million in revenue and nearly 700 employees and contractors. Most recently, Mr. Barash co-founded TrepScore, an information-sharing platform that allows entrepreneurs to effectively and efficiently manage their data and share their progress with investors in real-time. Igor Barash is an excellent strategist and expert in the startup world. He is chairman of the cinify board which is a video payment platform that allows content creators to monetize their videos.
Gil Torovezky | Technical:
Mr. Torovezky is a financial technology executive with focus on Blockchain solutions. Recently assisted to raised $0.5MM from a top tier bank in Mexico for a financial inclusion Prepaid Debit card with a built remittance to take on $26B market corridor US-Mexico. Launched multiple Prepaid card program with focus on unbank/underbank at the Hispanic community. Deep knowledge and proven experience in Blockchain, cyber security, Payments, Remittance, Debit card, processing, and retail banking. Successfully built from ground up a $10MM Operations company including staff management (7 direct reports), CallCenter offshore(25 seats) Management, Financial Ops, Product, vendor management, Sales support and Partner relationship. Expert in CIP, Scorecard, and risk adaptive assessment rule based platform to reduce sign up fraud. Product Marketing management: design, define and launch new products follow NPI/NPD Agile/Iterative methodologies to increase customer retention and usability. Vendor management based on KPI and SLA to efficiently operate business processes.
Broad experience and knowledge in Blockchain, Payments (EFT), Processing, pin networks, Fast ACH/Same day ACH, PSD2, Open API, AML/BSA/Compliance. Micro Loans, Reloadable Debit Card program management, Cyber, UI/UX, Positive Pay, Online and Offline fraud, mobile and digital products.
Education is in both Mathematics, computer science and Marketing and Sales. Prior to that, served in the Israeli Red Beret, Captain.
Rick Prendergast | Director Of Sales
Mr. Prendergast has over twenty years of senior and executive level sales experience. He has held a wide range of domestic and international sales management positions with highly respected Fortune 500 companies. He has also built successful sales channels with start up organizations. Examples of his sales experience includes American Express corporate card division, Atlantic/Lucent Technology, First Source, an e-procurement ASP, EuroPoint International, NEC Unified Solutions, Siemens Business Services and most recently, Thomson Corporation. His success in sales at American Express resulted in a promotion to the management team that launched a start-up business within the Corporation called “Corporate Services”. Mr. Prendergast played a critical part in the development of this start-up, growing revenue to over $300 million within 5 years. He was the first VP of Sales hired at Participate.Com, an e-community provider. At Participate he designed and executed the sales strategy for Participate.com’s North America expansion. Mr. Prendergast was recruited by Atlantic/Lucent Technology to lead a turn-around of the national sales organization that was not meeting revenue and market growth expectations, where his efforts resulted in growing the sales channel revenue by 350% in less than four years. He also led other start-up sales organizations by launching the North American sales and business development for EuroPoint. He developed and deployed the field sales force for Firstsource, an e- procurement platform focused on the middle-market. At NEC Unified Solutions, he was instrumental in driving change management where he reduced the cost of sale by 34% and grew new revenue 29% by launching a new solution-based services offering.
Kamden Burke | Sales | Natural Resources
Kamden is an entrepreneur, advisor, investor, and founder of White Rhino Capital. He focuses solely on bringing proprietary and scalable and technologies to market with his personal resources and expertise. He focuses on bringing experts to catalyze solutions to fixing the worlds biggest problems.