Robert Montuore
Florham Park, NJ (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Stars2Trust
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Startup
Location:
Florham Park
Industry:
Sports/Recreation
Year Founded:
2008
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Stars2Trust, LLC. (hereinafter “S2T’) will become a cutting edge Direct-To-Consumer auction website with patented forensic authentication technology developed specifically to eradicate fraud within the sports, music entertainment, art, and antiquities memorabilia markets. Experts from the United States Department of Justice, FBI, IRS, Seton Hall University and Axess Technologies and Crime Stoppers International have all validated S2T’s technological solution to bring central-bank grade confidence to the fraudulent and fragmented but extremely lucrative memorabilia industry. The patented technology offered is currently being utilized in CPG markets and is a direct result of 25M in R&D with government investors .
The memorabilia market yields $2B in annual sales. However, it is estimated that 50-90% of all Internet based sales are fraudulent, meaning up to $500m is spent annually buying fakes. The purchase of memorabilia has been deemed a “poor investment” from industry experts on the basis that most Internet sales of memorabilia are fraudulent. With its authentic and forensically tagged memorabilia products, S2T will be the only company on the market today to absolutely guarantee provenance to the consumer. This will increase revenue for our celebrity/athlete clients, protect their brands, and grow the entire memorabilia industry because S2T customers will have confidence in what they buy. The business model we represent will yield 100% ROI with no capital outlay for every celebrity, athlete, sports league and association that uses S2T technology.