Malcolm CasSelle, CIO of in-game asset seller OPSkins, is launching a new player to player trading platform called WAX. Worldwide Asset eXchange is a P2P network encompassing a selection of online games. The network uses blockchain technology as well as tokenization to freely operate within the confines a decentralized marketplaces. CasSelle will also serve as president. The WAX platform will allow gamers to buy, sell, and trade digital in-game assets between each other. This means that gamers will finally receive an investment return for their digital game purchases. It also has bigger implication for cryptocurrency.
Cryptocurrency has become a more viable trade medium since the introduction of bitcoin. Fragmentation and fraud have always held virtual monies because of the complications both present. Chief among them the risk of getting screwed over. Using blockchains produces lists of transaction data, allowing users to have credentials that protect against scams. The fact that all traditional money forms can be converted into universal tokens plays a vital role as well. This means that middle management gets cut out, and transaction become much faster. So far there has not been a central force to really promote such advances. WAX is that force, as gaming is particularly placed to bring cryptocurrency forward.
CasSelle definitely believes in WAX’s potential, which is why he has stated publicly that it is the future. CasSelle has two decades of experience in technological Fields. In addition to being a top level executive, CasSelle is also an early stage investor. His knack for innovation led him to join the bitcoin party early. Today, OPSkins is the largest merchant of bitcoin planet wide.
CasSelle holds a bachelor’s degree from MIT, and a masters from Stanford in computer science. His first company was called NetNoir and was founded in 1995. His experience is very broad within digital circles. He joined OPSkins in 2017 .