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Product Management Lead, NFT Market Place

At Magic Eden, we’re breaking down barriers to make Web3 what it should be — intuitive, accessible and of course, magical. As the #1 Bitcoin dApp and the #1 NFT marketplace, we’re leading the charge to redefine the onchain experience. Backed by top-tier investors like Sequoia, Paradigm, Electric Capital and Lightspeed Ventures, we’re building a future where trading is seamless, tokenomics are meaningful ($ME coming soon) and Magic Eden becomes the best and biggest DEX in Web3. Join our global team of passionate, scrappy and wildly talented people to help shape the next era of Web3 with us.

Magic Eden is on the lookout for a Product Management Lead for our NFT Marketplace to help us shape the future of our exchange! You’ll have experiences with two-sided marketplaces and the vision to explore uncharted territories in the NFT/digital assets space. This is a real chance to become a thought leader with the support of an amazing cross-functional team.

Responsibilities:

  • Drive the NFT trading product experience at Magic Eden.

  • Define product vision, roadmaps, and goals in alignment with the company's overall strategy. Be a strategic thinker, able to identify opportunities for growth and innovation.

  • Define the vision for the future of NFTs, in terms of tapping into new user segments, new forms of NFT trading, new asset classes, and new experiences.  

  • Conduct market research to stay up-to-date on the NFT and crypto industry trends and competitor activity.

  • Collaborate with cross-functional teams to identify and prioritize new initiatives, features, and improvements. Work closely with Engineering, Business Development, Marketing, and Operations teams as well as the founders to develop go-to-market strategies

What you bring:

  • 8+ years of experience as a Product Manager with 3+ years in a leadership role  

  • Deep personal passion for crypto and NFTs. 

  • Passion for dynamics of multi-sided marketplaces, concepts such as supply/demand dynamics, liquidity, etc.

  • World-class PM communication skills and hygiene, with excellent cross-functional leadership in a hyper-fast-paced environment.

  • Experience working and building products in the crypto and/or NFT industry.

  • Experience in the domain of marketplace optimization and growth

What you get:

  • A fast-paced and collaborative environment

  • Competitive compensation and equity options

  • Flexible PTO

  • Comprehensive health, dental, and vision plans

  • Wellness and work-from-home allowance

  • Remote-first company

  • 401k plan (in the US)

Pay & Benefits:

  • A fast-paced and collaborative environment

  • Competitive compensation and equity options

  • Flexible PTO

  • Comprehensive health, dental, and vision plans

  • Wellness and work from home allowance

  • Remote-first company

  • 401k plan (in the US)

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Average salary estimate

$140000 / YEARLY (est.)
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$120000K
$160000K

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What You Should Know About Product Management Lead, NFT Market Place , Magic Eden

At Magic Eden, we’re on a mission to make Web3 intuitive, accessible, and—let's face it—magical! As a leading player in the NFT marketplace and the #1 Bitcoin dApp, we’re pioneering a seamless trading experience that redefines the on-chain world. We're looking for a Product Management Lead for our NFT Marketplace to join our talented global team. In this role, you’ll leverage your extensive experience with two-sided marketplaces and bring fresh perspectives to the evolving landscape of NFTs and digital assets. Your role will involve driving the NFT trading product experience, defining the product vision, and creating strategic roadmaps that align with our company goals. You’ll be seen as a thought leader in the space, identifying opportunities for market growth while collaborating with engineering, business development, and marketing teams. Conducting market research will be key, allowing you to stay ahead of industry trends and competitor activities. If you have a passion for crypto and NFTs and meet the qualifications, this could be your chance to help shape the future of the Magic Eden exchange!

Frequently Asked Questions (FAQs) for Product Management Lead, NFT Market Place Role at Magic Eden
What are the key responsibilities of the Product Management Lead at Magic Eden?

The Product Management Lead at Magic Eden is responsible for driving the NFT trading product experience, defining the product vision and roadmaps in alignment with company strategy, exploring new user segments and asset classes, conducting market research, and collaborating with cross-functional teams to identify new initiatives.

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What qualifications are required for the Product Management Lead position at Magic Eden?

To qualify for the Product Management Lead role at Magic Eden, candidates should have over 8 years of experience in product management, including at least 3 years in a leadership role. A deep passion for crypto and NFTs, excellent communication skills, familiarity with multi-sided marketplaces, and marketplace optimization experience are also crucial.

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What is the culture like at Magic Eden for the Product Management Lead role?

Magic Eden promotes a fast-paced and collaborative work culture where creativity and innovation thrive. As a remote-first company, team members enjoy flexible schedules and the ability to work from anywhere, all while engaging with a passionate team dedicated to shaping the future of Web3.

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What benefits does Magic Eden offer for the Product Management Lead position?

Magic Eden offers competitive compensation, equity options, and comprehensive health benefits including dental and vision plans. Employees also enjoy flexible PTO, wellness allowances, and a 401k plan for those based in the US.

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How does Magic Eden value innovation in the Product Management Lead role?

Innovation is at the core of what we do at Magic Eden. As the Product Management Lead, you will be encouraged to bring creative ideas to the table, define and explore new forms of NFT trading, and help us tap into uncharted territories in the digital asset space to drive growth.

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What makes the Product Management Lead position at Magic Eden unique?

The uniqueness of the Product Management Lead position at Magic Eden lies in its impact on the future of Web3. You will be at the forefront of driving the NFT marketplace, collaborating with a diverse team, and directly influencing the direction of our groundbreaking platform.

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What skills are essential for success as a Product Management Lead at Magic Eden?

Success as a Product Management Lead at Magic Eden requires strong communication and leadership skills, strategic thinking, a deep understanding of crypto dynamics, and the ability to work in a hyper-paced environment along with marketplace expertise.

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Common Interview Questions for Product Management Lead, NFT Market Place
What is your experience with product management in the crypto or NFT space?

When answering this question, focus on specific projects you've worked on, your role in defining product roadmaps, and how you've collaborated with cross-functional teams to drive innovation in the crypto or NFT space.

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How do you prioritize features or initiatives in a two-sided marketplace?

Discuss your methods for prioritization using data-driven approaches, user feedback, and market research. Highlight any frameworks or tools you find effective for balancing the needs of different user segments in a marketplace.

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Can you describe your approach to conducting market research in the NFT industry?

Share your strategies for staying informed about market trends, competitor activity, and user behavior. Discuss specific research methods you utilize, such as surveys, interviews, or industry reports that have informed your product decisions.

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How do you foster collaboration within cross-functional teams?

Provide examples of your leadership style and describe how you encourage open communication, align team goals, and create collaborative environments conducive to innovation among diverse teams.

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What do you see as the future of NFTs and how would you leverage this vision at Magic Eden?

Articulate your thoughts on the evolving NFT landscape, highlighting trends you foresee and how you imagine using them to inform product strategy and capitalize on emerging opportunities within Magic Eden.

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How do you measure the success of an NFT trading product?

Explain the key performance indicators (KPIs) you would consider important for assessing product success, such as user engagement, transaction volume, and user growth, and how you would gather and analyze such data.

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Describe a challenge you faced in product management and how you overcame it?

Share a conflict or obstacle within a product lifecycle, what steps you took to address it, and the positive outcomes of your actions, showcasing your problem-solving and leadership skills.

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How would you define the vision for a new NFT trading feature?

Discuss your process for defining a product vision, including how you would gather insights from stakeholders, analyze user needs, and align with the overall company strategy to create a compelling roadmap for a new feature.

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What strategies would you employ to tap into new user segments for NFT trading at Magic Eden?

Elaborate on innovative marketing or product strategies you would explore to reach new audiences, considering demographic shifts, user needs, and the broader market trends impacting the NFT landscape.

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What would you consider when optimizing a multi-sided marketplace?

Provide insight into your approach to marketplace optimization, discussing considerations like user incentives, liquidity dynamics, pricing strategies, and how you would analyze and respond to feedback from both sides of the marketplace.

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Full-time, remote
DATE POSTED
November 29, 2024

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