Business Development Associate
AKASASalary not specified
Full Time
Entry Level & New Grad, Junior (1 to 2 years)
$60,000 – $80,000Compensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Crypto & Web3, Fintech, Venture CapitalIndustries
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary range for the Ecosystem Development Associate position?
The salary range is $60K - $80K.
Is this role remote, hybrid, or onsite?
The position is hybrid, based in NYC & Europe.
What skills are required for this role?
Candidates need strong knowledge of the crypto/Web3 landscape, excellent communication and networking skills, and a proactive self-starter mentality. Experience in sales or business development is a plus, along with the ability to travel for events.
What is the team structure and company culture like at Magna?
Magna has a team of 18 in NYC & Europe, operating in a fast-paced, high-growth environment. The engineering team comes from top finance and distributed systems companies like Gemini, Morgan Stanley, and Palantir.
What makes a strong candidate for this position?
Strong candidates have deep knowledge of crypto/Web3, excellent networking skills, and a proactive mindset suited for fast-paced environments. Prior sales or business development experience and willingness to travel for conferences will stand out.
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.
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.
Related Jobs
RemoteRemoteEcosystem Development Lead
Sui FoundationSalary not specified
- Full Time
- Mid-level (3 to 4 years)
RemoteGrowth & BD
GradientSalary not specified
- Full Time
- Junior (1 to 2 years), Mid-level (3 to 4 years)
RemoteBusiness Development Representative
Superblocks$90,000 - $100,000/year
- Full Time
- Entry Level & New Grad
RemoteGrowth Manager/Hacker
SyndicaSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteSales Development Representative
OrkesSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteBusiness Development Rep
AltiumSalary not specified
- Full Time
- Entry Level & New Grad
RemoteDigital Asset Research Analyst
Chainalysis$108,000 - $205,000/year
- Full Time
- Mid-level (3 to 4 years), Senior (5 to 8 years)
RemoteCrypto Associate Producer
The BlockSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteWeb and Growth Manager
FlashpointSalary not specified
- Full Time
- Mid-level (3 to 4 years), Senior (5 to 8 years)
RemoteEngineering Manager - Payments & Blockchain
Kraken$146,000 - $234,000/year
- Full Time
- Senior (5 to 8 years), Expert & Leadership (9+ years)
RemoteDistribution Partnerships
CointrackerSalary not specified
- Full Time
- Senior (5 to 8 years)
RemoteWeb Development Lead
LaterSalary not specified
- Full Time
- Senior (5 to 8 years), Expert & Leadership (9+ years)