Justas Venckus

Background

About Justas Venckus

Co-founder of start-up, which is creating first in the world luxury fashion, fine art and cosmetics e-commerce platform build with blockchain solutions for authentication and second life traceability for sustainability supported with digital pass. Futugo App will have first in the world social network exclusively only for fashion lovers with supported personal assistance services of personal stylists, AI consultation by Ugo and personal shoppers for users and freelancers. Career: Started my working career as a lawyer, after few years I decided to use my international business law skills in business area of real estate. In the early I have developed real estate business ranging from Baltic countries to Black sea region. Since 2001 I also used to work in the field of international business of commodities trading. Fluent knowledge of English and Russian languages helped to develop trading bridges between Europe, South America and CIS countries. Commodity trading always was a key items for more economically developed countries to supply growing economies. Negotiation skills, business strategy and language knowledge with understanding of elder generation people’s mentality, helped me to achieve company’s 100% growth y/y. In 2011 I visited Shanghai, China for the first time. Since then, my focus was on import of commodity goods and frozen meats to China. It led me and my team to become one of the biggest importers of meats to PRC from Eastern Europe, reaching 150 million USD turnover only between two countries already in the second year from beginning of work. Established offices in Shanghai and Tianjin, China. Thanks to China, I have discovered new business opportunities in IT development, fin techs and e-commerce. According to researches, China is planned to become biggest luxury goods consumer in the world until 2025. Me and my team creates world’s first start-up multi-functional fashion platform that will connect lovers of luxury fashion, art, and beauty with boutiques, art galleries, high fashion brands, as well as designers, personal shoppers, stylists, and personal art agents from all over the world. Based in Milan and Zug, Switzerland I lead teams for luxury fashion supply and technological development from Baltics with sales targets in China, US and Middle East.