Job Description

Magna’s goal is to be the one-stop solution for all token-based crypto companies who want to track outstanding and promised token allocations, automate the distribution of those tokens, and manage information about their stakeholders. Some liken us to “Carta for Web3”.

Our mission is to make it easier for crypto companies to manage their tokens and tokenholders so that they can focus on their product and not custom internal tools and smart contracts as they scale. We work with projects of all sizes throughout various L1 & L2 ecosystems.

Tokens are amongst the core assets crypto companies use to compensate and incentivize investors, employees, advisors, and even community members. The most common use cases for Magna include:

Token Vesting to employees and investors - Automated token distribution based on custom unlock schedules.

Token Streaming - Continuous distribution of tokens to stakeholders.

Airdrops - Vested airdrops to community members.

Programmable Unlocks – Distributing tokens using our SDK based on contract interactions or in-app/in-game accomplishments.

Stakeholder Management – Tracking tax liability and legal filings for tokenholders and more.

Magna’s platform is used by investors, employees, accountants, lawyers, and other key stakeholders throughout the crypto ecosystem.

Why Work at Magna?

We’re a highly technical team
We’re a well-funded company with runway that can last us through the bear market (as long as that may be)
A downtown Manhattan office with our own rooftop – we operate on a hybrid model, where most employees come in a couple of times per week.
Hardware — Whatever you need to get things done, plus a stipend to set up your home office.
Learning budget — Buy courses and attend conferences or hackathons.
Unlimited Vacation — Take time off when you need it - 2 week minimum.
Top-notch healthcare plans — We offer the best available platinum PPO and other similar plans that give you the most options with the lowest deductibles.

About the Role

Build the future of token operations with us by designing and implementing software architecture that scales. We’re looking for someone comfortable going from zero-to-one and rapidly iterating on hackathon-style projects with other engineers as we grow.

What you’ll do

Work on the forefront of token distribution technology at the infrastructure level, solving edge-cases around token distribution, writing smart contracts for tokens worth millions of dollars

Build polished user experiences and applications

Where appropriate, ensure code modularity in the code written by the team through peer code-reviews, to increase our team’s velocity and make our code infrastructure more scalable

Write tests to make sure that things work when we ship them. If our users can’t use the app, they can’t get paid!

What we’re looking for

Experience working with data-intensive applications, or apps used by tens of thousands of users
Comfortable working in sprint cycles and willing to bite the bullet when critical issues pop up
Familiarity with our tech stack
Based in New York City and open to a hybrid work environment

Magna’s Tech Stack

Magna is a multi-chain dapp, and our stack includes TypeScript, Next.js, React and GraphQL, as well as the native languages for various blockchains (i.e. Solidity, Rust, Move).
Experience with any of these is nice to have , but not a requirement:
DevOps, infrastructure, or data analytics experience
Interfacing with smart contracts and blockchain via libraries (any blockchain).
Applications where security and integrity is extremely important (finance, fintech, government, etc.)

Reasons you might be the right candidate for this role:

Passion for engineering — genuine passion and curiosity for the craft that you bring to work each day
Good taste — You think critically about how you build what you build, and apply good judgment to every design and implementation decision along the way.

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