Full-Time

Software Engineer

Posted on 7/23/2024

MachineFi

MachineFi

1-10 employees

Platform connecting machines to Web3 economy

No salary listed

Company Does Not Provide H1B Sponsorship

Palo Alto, CA, USA

In Person

Category
Software Engineering (3)
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Requirements
  • Master’s degree and 6 months of experience as Software Engineer
Responsibilities
  • Design and implement modern scalable, fault-tolerant blockchain protocols and off-chain stream computing frameworks with Golang and Rust.
  • Work in a collaborative product-driven environment, including smart contract development for web3 technology.
  • Improve distributed systems; performance, scalability, reliability, and security by conducting systems analysis and recommending changes in policies and procedures.
  • Develops software solutions by studying information needs by evaluating analysis, problem definition, requirements, solution development, and proposed solutions.
  • Manage large-scale production systems and diagnose complex problems in a distributed environment, accomplishing engineering and organization missions by completing related results as needed.
  • Conferring with users and clients, studying systems flow, data usage, work processes, and engineering partners to drive alignment.

Preparing company summary for MachineFi.

Company Size

1-10

Company Stage

Seed

Total Funding

$10M

Headquarters

Los Angeles, California

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $10M seed from Samsung Next, Draper Dragon, Jump Crypto in June.
  • Announced $50M Series A after seed success with 20 VCs including HashKey.
  • Proof-of-Anything enables play-and-earn, walk-and-earn X-and-earn dApps.

What critics are saying

  • IoTeX failures cripple dApps if TVL drops below $50M within 12-24 months.
  • Jump Crypto's FTX scrutiny halts $50M Series A in 3-6 months.
  • DePIN hype deflation causes 90% token drop and user churn in 18-36 months.

What makes MachineFi unique

  • MachineFi Lab released W3bstream, first decentralized off-chain compute for IoT data.
  • Trio fuses video, audio, sensor streams into AI-ready intelligence using proprietary models.
  • MachineFi Portal lets users connect IoT devices to visualize and monetize data.

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Benefits

Remote Work Options

Flexible Work Hours

Company News

VentureBeat
Nov 9th, 2022
New Blockchain Framework Connects Physical Devices To The Metaverse

Following the hype fueled by Meta’s (formerly Facebook) pivot last year, the metaverse has been gaining entry into more organizations and steadily moving on an upward trajectory. With COVID-19 accelerating digital transformation, enterprises are now more keen to adopt new technologies, even a nascent one like the metaverse. Having evolved from Neal Stephenson’s initial idea (from his 1992 novel Snow Crash), Web3 and the metaverse today offer several immersive opportunities that brands are keying into. According to Gartner, “enterprises will experiment with the metaverse, connecting, engaging and incentivizing human and machine customers to create new value exchanges, revenue streams and markets.” The metaverse’s market value over the next seven years is likely to be massive, with McKinsey estimating it will reach $5 trillion by 2030

The Economic Times
Jun 21st, 2022
MachineFi Lab announces Series A funding to raise $50 million

The latest round of funding announcement comes after the company raised $10 million seed round funding led by Samsung Next, Crypto.com, Hashkey Capital and Draper Dragon in June.

CoinDesk
Jun 7th, 2022
Draper Dragon invests into MachineFi in $10M

MachineFi Lab, which incentivizes the collection of real-world Internet of Things (IoT) device data through decentralized applications ( dapps ), has raised $10 million in a seed funding round led by Samsung Next, Draper Dragon Fund and Jump Crypto.

Samsung Next
Jun 7th, 2022
Samsung NEXT invests into MachineFi in $10M

Samsung NEXT invested in MachineFi Lab because Samsung NEXT think its platform has the potential to unify large-scale machine networks and to provide the infrastructure needed to enable each device to act as an autonomous market participant, providing incentives for consumers to help construct the network.

INACTIVE