Founding of Rokfin and the RAE Token ➡️ As employee #1. I joined our CEO as we theorized how to fix the status quo of broken digital content networks, realigning the stakeholders to put creators first. Cash and other legacy methods could not solve this problem. We needed to invent a new cryptocurrency, RAE. Shortly thereafter, we hit the road raising money and made it a reality. Today, I am the Vice President of Operations for Rokfin and a Co-Founder of the RAE Token. Enter Bitcoin ➡️ My start with Rokfin and RAE would not have been possible without Bitcoin. Starting in 2015, I became obsessed and spent two years learning everything I could. We moved to Austin, Texas, to catch the tailwind.My Poker Foundation ➡️ Prior to all of this, I found myself 20 years old and winning at the highest poker stakes in the world from my dorm room. While attending Notre Dame, the cold climate of South Bend, Indiana, led members of my dorm to start a regular poker game as a hobby. The strategic elements of a game with incomplete information, mathematical fundamentals, and game theory components mixed with the human emotional elements were captivating. This challenge invoked my passion to a new level and laid the ground work for my work since.My passion introduced me to online poker in 2004. With a few hundred dollars and an immense amount of student debt, I began a journey; by 2007, I had graduated with a degree in finance, gained financial freedom, and was regarded as one of the top players in the world, regularly playing the highest stakes offered online and producing exclusive high-stakes poker instructional videos for the worldwide leader at that time, Cardrunners.My vast poker journey was a great instructor—from college dorm to experiencing first-hand crony US regulatory policy (UIGEA), which pushed my future wife and me abroad on a six-year adventure ranging from Panama to Prague and 30+ countries. Poker taught me to trust my instincts, to evolve with new tools, that money is a tool, and to follow my passions even when the world tries to stop me. *****Now that you are caught up!DM or email me (1scottaugustine@gmail.com) to chat about synthesizing new tech with traditional markets to solve hard problems. Always curious and happy to help!
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Head Of Operations And StrategyMaestroAustin, Tx, Us -
Head Of Operations & StrategyMaestro Aug 2024 - PresentAustin, Texas Metropolitan Area -
Vice President Of Operations, Founding TeamRokfin Aug 2018 - Aug 2024Austin, Texas AreaRokfin enables creators to unlock long-term passive income by bundling their content with other top creators and earn the full value of their collaboration using the RAE Token.At Rokfin, I built operations, finance, and HR from the ground up, specifically of note: • Built and maintain ownership over finance and operations, working cross-team to drive ARR from 0 to $5 million and increasing active paid subscribers from 0 to 35,000.• Built and manage a compliance team, including a project resulting in a net $4 million tax savings by creating a novel tax strategy for cryptocurrency used in business operations• Led several crucial vendor contract negotiations, notably securing multi-year deals with our highest software and server expense partners at deep discounts.• Established operational processes and oversee payroll, accounting, HR, compliance, hiring, contractors, monthly and yearly closes, expense management, A/P, and cryptocurrency business operations.• Support the CEO with the Board and Investors, executing meetings, materials, agendas, and updates.----- -
Director Of Business Development, Founding TeamRokfin May 2018 - Aug 2018Austin, Texas Area• Collaborated directly with the CEO to define the business opportunity at Rokfin’s outset, refining pitch decks and executing investor meetings to raise initial friends and family funding round closed at the end of July 2018.• Invented a payment system—the RAE Token—which successfully captures the full value of credit card recurring subscription payments, while abstracting cryptocurrency UX from customers.-----
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Co-FounderRae May 2018 - Aug 2024Austin, Texas Metropolitan AreaEmpowering creators as network founders by providing unparalleled economics and flexibility: https://intro.raetoken.org/ Within the RAE Ecosystem:• Co-authored the project’s white paper and system architecture.• Oversee asset custody, inventory, liquidity, and partnerships.• Created an onboarding playbook of articles, videos, and 1-on-1 meetings to educate and assist 500+ new-to-crypto content channels.• Collaborate cross-team on continuous deployments, focused on reducing high usage costs and fraud, and led the creation of the related IP portfolio.-----
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Professional Poker PlayerSelf-Employed 2006 - 2017• Self-taught poker player while obtaining a degree from University of Notre Dame. Netted over $2 million in poker profits during 13-year career in a high-risk, high-reward environment.• Adapted to significant changes in the industry over career, starting with gaining knowledge from books and videos all the way to utilizing cutting edge software. • Built a strong personal brand with a high reputation for both integrity and skill. Leveraged knowledge and personal brand to generate additional income through a partnership and equity ownership in poker training brand "Cardrunners."-----
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High-Stakes InstructorCardrunners Llc Nov 2008 - Nov 2014ChicagoWorld-leading instructional poker site which offered members a video and private coaching catalog.• With the founders, established the Cardrunners Private Coaching service, a two-sided marketplace connecting video instructors with students for paid private coaching instruction.• Gained experience communicating with customers as a Cardrunners ambassador in both online poker communities and in-person events, most notably at the World Series of Poker in Las Vegas.• Produced exclusive instructional videos for their “High-Stakes Friday” content slot, consistently the most popular video slot of the week.----- -
FounderIrockpoker.Com Aug 2006 - Oct 2007Online poker community forum with membership ranging from top poker pros to beginners and fans.• Leveraged high community reputation and top poker skills to found and build out a poker forum to further increase personal brand and foster community.• Produced blogs, forum Q&As, and weekly events and tournaments, deepening industry relationships, including leadership at Cardrunners, setting the table for the successful multi-year Cardrunners deal. -----
Scott Augustine Education Details
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Finance
Frequently Asked Questions about Scott Augustine
What company does Scott Augustine work for?
Scott Augustine works for Maestro
What is Scott Augustine's role at the current company?
Scott Augustine's current role is Head of Operations and Strategy.
What schools did Scott Augustine attend?
Scott Augustine attended University Of Notre Dame.
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