Theory Ventures
Allium makes blockchain data accurate, simple and fast
Blockchain data is hard, messy, and chaotic
When we started out in late 2021 our thesis was simple - blockchain data, despite it being public and free, was difficult to understand, clunky to access and troublesome to maintain. Answering a simple question like “Who are the biggest Ethereum token holders over time?” requires an engineering team to run their own RPC nodes, ingest the full history of the blockchain, clean the data, transform the data and finally summon a wizard to cast a complex SQL query.
Accessing data is hard because blockchains are optimized for Writes and not Reads Why is it so hard? Blockchains have historically been optimized for Writes (getting data onto the blockchain) and less for Reads (getting data OUT of the blockchain). This is because optimization efforts were focused on increasing transaction throughput and building fault tolerant and scalable consensus algorithms. This neglect makes it hard to get data out efficiently and reliably at scale.
Parsing and interpreting blockchain data requires both deep domain expertise and data manipulation To quote Tim Roughgarden, Columbia Professor, “Blockchains are (virtual) computers, not databases.” They are Turing machines that support general computations, and anyone can write and deploy their own smart contract for their own use case. This nearly infinite number of use cases leads to the fragmentation of data schemas for different purposes. Standardizing these schemas requires deep domain expertise to turn esoteric technical outputs into clear information for specific concepts like tokens, NFTs, stablecoins and DEXs.
Allium abstracts the complexity with a simple way to query blockchain data Allium tames the chaos by ingesting, sanitizing, and standardizing all this data. As of this post, the data we’ve archived across 40+ blockchains is in the petabytes and growing exponentially.
About our customers We serve 2 groups of customers today with the same data but different platform. Analysts who need to answer data questions about the blockchain (think BI) and Engineers who need highly reliable data queryable in near realtime (think Application backends). Our customers include the biggest institutions Visa, Stripe, Grayscale and also the biggest crypto companies such as Phantom, Uniswap. Allium is one of the unique companies in the industry that bridge blockchain and non blockchain worlds.
Role We need a product focused engineer who loves to BUILD, BUILD & BUILD! The problem statement is straightforward - we have tens of thousands of data schemas integrated in 100+ different workflows today. how does one design an experience for our customers to just get their job done in this sea of data? how does one design the right primitives that come intuitively to them?
Qualities
do you love to build?
do you have taste?
do you get joy from permuting and trying every combination of UI, Workflow and layout to get that perfect screen transition for the user?
do you get annoyed when something on an app just feels that little bit off?
do you get joy from users raving about how your product makes them feel special?
do you have an inner diva that critiques all things design, but yet have the humility to know that nothing's perfect?
do you love lego? or the idea that building workflows should be as simple as stacking lego bricks?
do you love helping users get their job done?
Dont take our word for it, what our customers say about us
Mario Gabriele from The Generalist's Future 50 Startup List
Tomasz Tungus from Theory Ventures
Bucky Moore from Kleiner Perkins
Ok.. now for some tough love, here are the values we strive for at Allium:
Pro Athlete Mindset - Consistency. Day in and day out, in pursuit of excellence. A win yesterday does not guarantee (or even imply!) a win tomorrow. I hope anyone who supports a failing sports team will feel the pain of inconsistency
Figure It Out & Extreme Ownership - Every day is unexplored territory. There are new engineering frameworks, new legal docs, new compliance, new sales, new regulations, and new operational procedures every single day. If you don’t know it, learn it. If you can’t learn it, find someone or a product that does it. If you can’t find someone, find someone who can find someone.
High Agency - The highest commonality between all successful people is their responsiveness. If you’re looking for a superpower, responsiveness is valuable; respond fast with effective solutions.
Leading from the Front - It’s one thing to say “We need to do XYZ this better” vs building an MVP and saying “This is the way we should do things”.
Strong Opinions On the Future (loosely held) - It is okay to be wrong, but what is not okay is not to have an idea of how a better future should be.
Sense of (allium) business smell - We love folks who want to know why and how the work they are doing builds leverage for teammates and relates to business goals
About the team We invite people of all backgrounds. We have engineers who learnt coding much later in life, who learnt coding on the side, we have engineers who are still in school and we also have engineers who went to top schools. All are welcome if one comes in with a curious mind and an infectious work ethic.
Administrative Benefits Medical, Dental, Vision, Life and AD&D insurance
- US folks get 100% coverage for Gold plans, 80% for dependents
The sun never sets on Allium - we hire from any geographical location as long as you are willing to overlap 2 hours overlap on NYC mornings Mon-Thurs from 10am-12pm ET. We have people based in New York, Seattle, Singapore and Australia
All applicants have to answer this pop quiz: What is an Allium? What is your favorite Allium? Bonus points for the right pronunciation.
#J-18808-Ljbffr
Accessing data is hard because blockchains are optimized for Writes and not Reads Why is it so hard? Blockchains have historically been optimized for Writes (getting data onto the blockchain) and less for Reads (getting data OUT of the blockchain). This is because optimization efforts were focused on increasing transaction throughput and building fault tolerant and scalable consensus algorithms. This neglect makes it hard to get data out efficiently and reliably at scale.
Parsing and interpreting blockchain data requires both deep domain expertise and data manipulation To quote Tim Roughgarden, Columbia Professor, “Blockchains are (virtual) computers, not databases.” They are Turing machines that support general computations, and anyone can write and deploy their own smart contract for their own use case. This nearly infinite number of use cases leads to the fragmentation of data schemas for different purposes. Standardizing these schemas requires deep domain expertise to turn esoteric technical outputs into clear information for specific concepts like tokens, NFTs, stablecoins and DEXs.
Allium abstracts the complexity with a simple way to query blockchain data Allium tames the chaos by ingesting, sanitizing, and standardizing all this data. As of this post, the data we’ve archived across 40+ blockchains is in the petabytes and growing exponentially.
About our customers We serve 2 groups of customers today with the same data but different platform. Analysts who need to answer data questions about the blockchain (think BI) and Engineers who need highly reliable data queryable in near realtime (think Application backends). Our customers include the biggest institutions Visa, Stripe, Grayscale and also the biggest crypto companies such as Phantom, Uniswap. Allium is one of the unique companies in the industry that bridge blockchain and non blockchain worlds.
Role We need a product focused engineer who loves to BUILD, BUILD & BUILD! The problem statement is straightforward - we have tens of thousands of data schemas integrated in 100+ different workflows today. how does one design an experience for our customers to just get their job done in this sea of data? how does one design the right primitives that come intuitively to them?
Qualities
do you love to build?
do you have taste?
do you get joy from permuting and trying every combination of UI, Workflow and layout to get that perfect screen transition for the user?
do you get annoyed when something on an app just feels that little bit off?
do you get joy from users raving about how your product makes them feel special?
do you have an inner diva that critiques all things design, but yet have the humility to know that nothing's perfect?
do you love lego? or the idea that building workflows should be as simple as stacking lego bricks?
do you love helping users get their job done?
Dont take our word for it, what our customers say about us
Mario Gabriele from The Generalist's Future 50 Startup List
Tomasz Tungus from Theory Ventures
Bucky Moore from Kleiner Perkins
Ok.. now for some tough love, here are the values we strive for at Allium:
Pro Athlete Mindset - Consistency. Day in and day out, in pursuit of excellence. A win yesterday does not guarantee (or even imply!) a win tomorrow. I hope anyone who supports a failing sports team will feel the pain of inconsistency
Figure It Out & Extreme Ownership - Every day is unexplored territory. There are new engineering frameworks, new legal docs, new compliance, new sales, new regulations, and new operational procedures every single day. If you don’t know it, learn it. If you can’t learn it, find someone or a product that does it. If you can’t find someone, find someone who can find someone.
High Agency - The highest commonality between all successful people is their responsiveness. If you’re looking for a superpower, responsiveness is valuable; respond fast with effective solutions.
Leading from the Front - It’s one thing to say “We need to do XYZ this better” vs building an MVP and saying “This is the way we should do things”.
Strong Opinions On the Future (loosely held) - It is okay to be wrong, but what is not okay is not to have an idea of how a better future should be.
Sense of (allium) business smell - We love folks who want to know why and how the work they are doing builds leverage for teammates and relates to business goals
About the team We invite people of all backgrounds. We have engineers who learnt coding much later in life, who learnt coding on the side, we have engineers who are still in school and we also have engineers who went to top schools. All are welcome if one comes in with a curious mind and an infectious work ethic.
Administrative Benefits Medical, Dental, Vision, Life and AD&D insurance
- US folks get 100% coverage for Gold plans, 80% for dependents
The sun never sets on Allium - we hire from any geographical location as long as you are willing to overlap 2 hours overlap on NYC mornings Mon-Thurs from 10am-12pm ET. We have people based in New York, Seattle, Singapore and Australia
All applicants have to answer this pop quiz: What is an Allium? What is your favorite Allium? Bonus points for the right pronunciation.
#J-18808-Ljbffr