Business Development Lead, Phi Labs
More information about location
Blockchain software engineering
Job no longer available
Blockchain software engineering
21-100 employees
Job no longer available
More information about location
21-100 employees
Company mission
To inspire the next generation of dapps by creating a new blockchain ecosystem that rewards developers.
Jump to section
Company mission
To inspire the next generation of dapps by creating a new blockchain ecosystem that rewards developers.
Our take
Decentralised app developers add immense value to the platforms they build on, but do not share enough in the network's success. Regardless of how many users their work brings into the blockchain, revenue mostly goes towards validators and miners. Phi Labs hopes to change this with Archway, a protocol that rewards developers fairly for the value they add to the blockchain.
Though there are other smart contracting platforms in the market, they have focused mainly on scalability and decentralisation. Phi Labs stands out with its focus on rewarding developers for the users they bring into the network rather than rewarding early participants. If the developer-first approach works, Phi Lab's Archway protocol stands to make a big splash in the $120B Cosmos ecosystem.
Phi Labs has secured early funding, led by notable investors CoinFund and Hashed. The capital raised is being strategically allocated towards product development, scaling up operational capacity, and talent acquisition, with the ambitious goal of more than doubling the size of the team. This infusion of resources is not only crucial for Phi Labs' immediate plans but also bodes well for the long-term trajectory and future success of the company.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Generous Leave: We want to give you the opportunity to epically recharge. Building on unexplored terrain takes energy after all
- Flexible Time: Building an open source free world and fixed hours don’t match. Work when you want, as long you sync with your team
- Make a Difference: As a contributor to the Archway Network, you’re creating a platform where you can be a part of a digital revolution
- Company Off-Sites and Retreats: With a global team it’s important to get together to attend events and to have fun. The world is our playground, we explore together
Funding (1 round)
Mar 2022
$21m
SEED
Total funding: $21m
Leadership
Griffin Anderson
(CEO)Previously the Head of Product at Ignite/Tendermint and Senior Director of Product Management and ConsenSys.