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Full-Time

Backend Engineer

Posted on 6/27/2024

Magic Eden

Magic Eden

51-200 employees

Platform for discovering and sharing digital media

Hardware
Fintech
Crypto & Web3

Compensation Overview

$215k - $250kAnnually

+ Equity Plan

Senior, Expert

Remote in USA

Category
Backend Engineering
Software Engineering
Required Skills
Node.js
Requirements
  • You have at least 6+ years of experience in software engineering.
  • You’ve designed, built, scaled and maintained production services, and know how to compose a service oriented architecture.
  • You write high quality, well tested code to meet the needs of your customers.
  • You’re passionate about building an open financial system that brings the world together.
Responsibilities
  • Build new services to meet critical product and business needs using Node.JS
  • Design scalable systems to solve novel problems with modern cloud technology and industry best practices.
  • Articulate a long term vision for maintaining and scaling our backend systems and the teams running them.
  • Work with engineers, designers, product managers and senior leadership to turn our product and technical vision into a tangible roadmap every quarter.
  • Write high quality, well tested code to meet the needs of your customers.

Magic Eden is an online platform that connects creative communities with collections and creators of digital media. Users can discover, create, and share their own collections while collaborating with other creators. The platform stands out from competitors by offering a unique approach to the discovery and sharing of digital media, making it easier for users to engage with content and each other. Magic Eden generates revenue by charging users a fee for access to its services and taking a commission from creators on the sale of their digital media. The goal of Magic Eden is to provide a convenient space for users to explore and monetize digital media.

Company Stage

Series B

Total Funding

$220.9M

Headquarters

San Francisco, California

Founded

2021

Growth & Insights
Headcount

6 month growth

8%

1 year growth

7%

2 year growth

11%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $1 million creator fund on the Polygon blockchain demonstrates Magic Eden's commitment to fostering innovation and supporting creators.
  • The hiring of Linus Chung as Head of Product brings extensive experience in web3 and NFT marketplaces, likely driving product development and user experience enhancements.
  • Strategic partnerships, like those with QORPO Game Studio and LayerZero, expand Magic Eden's influence and capabilities in the NFT and gaming ecosystems.

What critics are saying

  • The competitive landscape with major players like OpenSea and Audius could limit Magic Eden's market share and growth potential.
  • The nascent state of technologies like Bitcoin ordinals and BRC-20 may lead to slower adoption and user experience challenges.

What makes Magic Eden unique

  • Magic Eden's integration of Solana's compressed NFTs (cNFTs) allows for cost-effective NFT creation, setting it apart from traditional NFT marketplaces.
  • The platform's cross-chain capabilities, including support for Solana, Polygon, and Bitcoin ordinals, offer a unique multi-chain experience for users.
  • Magic Eden's focus on gaming NFTs, such as the SFT marketplace for Genopets, highlights its niche specialization in the gaming sector.
INACTIVE