Founding Engineer @ Megapot

About Megapot

Megapot is building the world’s largest and lowest-fee lottery. In two months, we’ve grown to be crypto’s largest, with a daily jackpot of $130k and $5M in games run. It's designed to be embedded inside apps, with 9 apps building on our lottery-as-a-service protocol.

People will always want to speculate. That’s why we’re building the fairest, lowest-fee, and most exciting way to do so.

We’re are backed by the best investors in crypto and iGaming. We are well-funded with multiple years of runway.

Your Role

We’re looking for ambitious software engineers to join us as product owners. You are in San Francisco, CA (preferred) or are based in US timezones.

In this role, you will work across the product:

  • Understand the customer 'why'. You will actively talking with our liquidity providers and players in our Telegram and Twitter. You’ll lead calls with apps that want to integrate us.
  • Brainstorm the product 'what'. You'll identify core requirements, ruthlessly prioritize, and brainstorm solutions with the entire team. You'll maintain your own backlog. You’ll even draft the launch announcement.
  • Own the full-stack engineering 'how'. You'll own the entire technology stack for your product, building the frontend and backend.

You might ask, "isn't this what a product manager, [insert-type] engineer, designer, QA, marketer does?" Maybe some day. Today, our engineers will drive product development from end-to-end.

Why join?

  • Accelerate your career. We promise that your time at Megapot will be the most intense learning opportunity of your entire career. With exposure to every function at the company, you'll never learn more in such a short amount of time.
  • Be a real owner. As a Founding Engineer, you will be a core part of our company. If we succeed at becoming one of the largest protocols by TVL and fees generated, you’ll be able to retire. This means:
    • Cash Comp: $120,000 to $200,000
    • Equity Comp: 0.5% to 3%
    • Token Comp: 0.2% to 1.2%
  • Supporting your wellbeing. We provide benefits to allow you to do your best work:
    • Unlimited paid-time-off (PTO)
    • Top medical, dental, and vision coverage for you and your dependents

Who We’re Looking For

We have an ambitious vision. There's often no substitute for intensity, urgency, and strong judgement at a company of our stage. This means that this job won't be right for everyone, but could be right for you if:

  • You enjoy owning product, not just writing code. You're interested in talking with our users and have opinions about what to build and when to build it. If you're looking to join neat sprints and execute on well thought-out tickets, this might not be the best fit for you.
  • You understand that distribution matters. Success isn’t just shipping the product, but having users use the product. You know our audience deeply, think about how we reach them, and build our product specifically for distribution.
  • You focus on problems. You work backwards from the ideal user experience. You are agnostic to solutions. You don’t build on a new technology simply because it’s interesting. If a problem can be simply solved without new tech, you find that ideal.
  • You iterate quickly. Speed is in everything that we do. We don’t plan to think about something, we work on it immediately, and ship daily. We have Slack huddles frequently throughout the day to immediately discuss blockers. We share direct feedback to each other frequently and immediately act on it. We listen to users and make changes quickly.
  • You enjoy autonomy and can bring order to ambiguity. You like answering open-ended questions and see dozens of solutions when others only see one. Uncertainty brings you curiosity, not fear.
  • You’re passionate about incentives: We believe in using blockchain to coordinate people and capital at a scale that has not been possible before. This is the most fascinating strategy game ever, but on the world level.

What will I work on?

As a founding fullstack engineer, you’ll work on:

  • Building the next Stripe - We enable apps to integrate our jackpot with our UI kit. You’ll embed with design partners to build the right product to meet their needs, balance simplicity and feature richness, and own everything from code to docs. Over time, additional integrations like account abstraction providers, onramp and offramps, geocompliance, and more will be added as well.
  • Something even your mom can use - Users should not know our app is built on crypto rails. We do difficult work behind the scenes so it’s just as simple as possible for users. Even Polymarket requires too much crypto for our users to understand.
  • Rich data experiences - We build protocols that other apps build on top of, and will have an offchain points system that is integral to the experience. Our apps and UI kit present this onchain data (eg. LP returns), computes offchain data (eg. points systems), and seamlessly blends this together.

You’ll have the opportunity to help shape our technology choices, but today our stack is:

  1. Front End: Typescript, React, NextJS
  2. Back End: Redis, Postgres
  3. Smart contracts: Solidity

Interested?

Reach out to patrick@coordinationlabs.com