Magna

Ecosystem Development Associate

$60,000 – $80,000Compensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Crypto & Web3, Fintech, Venture CapitalIndustries

Requirements

Candidates should have strong knowledge of the crypto/Web3 landscape and familiarity with key industry players. Excellent communication and networking skills are essential, along with a proactive, self-starter mentality suitable for fast-paced environments. Experience in sales, business development, or a related role is a plus, and the ability to travel for conferences and networking events is required.

Responsibilities

The Ecosystem Development Associate will prospect and engage new clients within the crypto/Web3 ecosystem. They will represent Magna at industry conferences to build relationships and generate high-quality leads. Daily outreach on platforms like Telegram, Discord, and LinkedIn is expected to identify, qualify, and nurture potential customers. The associate will maintain a structured pipeline of engaged prospects, work closely with sales executives to drive conversions, and leverage networking opportunities for referrals. They will diligently update and track prospecting efforts within the CRM and report directly to the Head of Business Development with regular updates on outreach efforts and results.

Skills

Crypto
Web3
Telegram
Discord
LinkedIn
CRM
Communication
Networking
Sales
Prospecting

Magna

Financial management tools for Web3 companies

About Magna

Magna operates in the decentralized finance (DeFi) sector, focusing on transforming DeFi investments into financial primitives. Its main product, Carta for Web3, allows companies to manage their capitalization tables and distribute token equity to employees, advisors, and investors. Magna is also developing specialized tools for fund managers in the cryptocurrency space. The company generates revenue through subscription fees and service charges, providing essential financial management tools for Web3 companies and fund managers. Magna differentiates itself by specifically addressing the financial operations needs of clients in the blockchain and cryptocurrency markets.

Key Metrics

New York City, New YorkHeadquarters
2022Year Founded
$14.8MTotal Funding
SEEDCompany Stage
Fintech, Crypto & Web3Industries
11-50Employees

Risks

Increased competition from emerging DeFi platforms could dilute Magna's market share.
Regulatory scrutiny on DeFi platforms may impact Magna's operations.
Cryptocurrency market volatility poses a risk to Magna's revenue model.

Differentiation

Magna offers a unique token vesting and DeFi investment management platform.
Carta for Web3 allows companies to manage cap tables and distribute token equity.
Magna develops crypto-native tools specifically tailored for fund managers.

Upsides

Magna raised $15.2 million in seed funding, boosting its growth potential.
Partnership with BlackTokenomics enhances Magna's industry credibility and reach.
Growing interest in tokenized real estate presents new opportunities for Magna.

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