Staff Market Designer, Economic Design

Posted 22 Days Ago
Be an Early Applicant
San Francisco, CA
229K-255K Annually
5-7 Years Experience
Artificial Intelligence • Blockchain • Cryptocurrency
The Role
As a Staff Market Designer, you will develop economic mechanisms to enhance Worldcoin's market operations. You will apply market design principles, analyze data, collaborate with various teams, and manage projects to ensure solutions are executed effectively and have a global impact.
Summary Generated by Built In
About the Company:

World is a network of real humans, built on privacy-preserving proof-of-human technology, and powered by a globally inclusive financial network that enables the free flow of digital assets for all. It is built to connect, empower, and be owned by everyone.

About the team:

The Economic Design team is responsible for Worldcoin’s economic design. In our team, Economists, Computer Scientists and Data Scientists work together to rapidly design, build, and field-test incentive mechanisms that scale to thousands of Operators and more than a billion participants of the Worldcoin network. We partner with other teams across the organization to advance our products (i.e., the World App and World ID) and improve our market operations. We have earned a reputation for our hands-on approach, responsiveness, technical expertise, precision, and impactful solutions.

About the Opportunity:

You will be responsible for designing and building the economic mechanisms that power Worldcoin. Examples include user incentives that drive appreciation for and usage of the products, and auctions to allocate contracts to Operators in a fair and efficient manner. To this end, you will apply market design thinking to design the most appropriate mechanisms. Your decisions will be informed by insights from data, experimentation, expert advice, and a deep understanding of the environment where these mechanisms are deployed. Your work will directly impact the mechanisms that are used at a global scale as part of Worldcoin's incentive design and will have a lasting impact on the success of the Worldcoin project.

In this role, you will:

  • Develop a deep and comprehensive understanding of the Worldcoin project and its components, including World ID, the World App, the Orb, the markets, and the users
  • Propose and develop market design solutions to key problems across the project, including problems that you identify yourself
  • Work closely with your key stakeholders across the Worldcoin organization (in particular Market Operations, Product, Legal, and Engineering) regarding the implementation of new mechanisms
  • Take full ownership of your projects; plan them, manage them, execute them, and independently drive them to success
  • Collaborate closely with experts on the Economics and Data Science team on the design of new economic mechanisms
  • Analyze data yourself and together with data scientists to make data-driven decisions related to your projects, including the design and implementation of experiments and additional data collection channels where the required insights are not readily available

About You:

  • PhD in economics, computer science, operations research or a related field; or a Master’s degree in combination with work experience as a market designer
  • 5+ years of practical experience as an economist, data scientist, research scientist, statistician or consultant
  • Proven track record of applying concepts from market design, game theory, auction theory, or behavioral economics to solve real-world problems
  • 2+ years of experience working with data (e.g., using SQL, R, Python or similar)
  • Outstanding communication and collaboration skills 
  • Radical end-to-end ownership
  • Practically oriented and “getting-the-job-done” mindset
  • Thriving in a fast-paced and continuously evolving environment
  • Each of the following is a plus: project management experience; basic understanding of blockchain technology

Pay transparency statement (for CA and NY based roles): 

The reasonably estimated salary for this role at TFH ranges from $229,000 - $255,000, plus a competitive long term incentive package. Actual compensation is based on factors such as the candidate's skills, qualifications, and experience. In addition,  TFH offers a wide range of best in class, comprehensive and inclusive employee benefits for this role including healthcare, dental, vision, 401(k) plan and match, life insurance, flexible time off, commuter benefits, professional development stipend and much more!

By submitting your application, you consent to the processing and internal sharing of your CV within the company, in compliance with the GDPR.


Top Skills

Computer Science
Economics
The Company
288 Employees
Remote Workplace
Year Founded: 2019

What We Do

Worldcoin is a new, decentralized global currency that will be distributed fairly to as many people as possible. Worldcoin will launch by giving a free share to everyone on Earth. We believe that this is an essential step to accelerate the transition towards a more inclusive global economy, providing new ways for everyone to share future prosperity.

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