Malcolm CasSelle is a graduate of both MIT and Stanford with complimentary Bachelor’s and Master’s degrees in computer science. He is an expert investor, experienced entrepreneur, and top level executive. Many times in his illustrious career he has been at the forefront of digital innovation. From online banking and social media, to in-game asset sales for video games. Currently he is the CIO for OPSkins, one of the largest in-game asset sellers worldwide.
CasSelle has been an investor of some of the biggest innovations to date. He invested early in Facebook, Zynga, and Bitcoin. CasSelle’s interest in Bitcoin is what made OPSkins the largest Bitcoin merchant globally, and now he is taking it even further.
OPSkins and CasSelle have just launched WAX, Worldwide Asset eXchange, and revolutionary player to player network that allows cross game trading and selling. CasSelle is the president and CEO. WAX uses newly minted blockchain technology and tokenization to operate in decentralized markets while avoiding fragmentation and fraud. For once players can get a return of investment on digital coinage and assets by selling them for actual currency. This is done through tokenization which allows any trade medium to virtualized for sale.
Using blockchains to create smart lists, WAX is able to sort buyers and sellers into guilds, allowing transparency in transactions so that every one is legit. Fraudulent operators will gain bad ratings allowing prospective buyers to avoid them. The only games that take advantage of WAX’s platform are the ones in its network. The possibility that WAX creates is staggering considering the effect blockchain technology has already had on cryptocurrency markets.
According to many experts blockchain technology will be the catalyst that virtualizes traditional banking. The rise in tokenization means that anything, including stocks and equity, can be digitized. As gamers represent a huge market, one that has been dealing in cryptocurrency for awhile, the inclusion of cross game sales by big gaming companies could change everything. CasSelle is certain of it, and more to the point he believes that WAX is the tipping point. Only time will tell.