Malcolm CasSelle Launches The First Virtual Exchange Blockchain

OPSkins is the global leader in sales for in-game virtual assets and the largest bitcoin merchant in the world. Regarding online gaming many players wish to purchase in game content (virtual assets) and wish to due so second hand from other players. Since the goods they wish to purchase are not physical items, fragmentation and fraud are chronic problems gamers run into when conducting transactions. CasSelle and OPSkins have solved this problem by creating the first block chain platform for virtual asset trading, the WAX (Worldwide Asset eXchange) Platform.

The current virtual asset economy has many limitations, these are caused by different currencies, language barriers and security concerns. Because of these limitations, virtual trading is currently restricted by trading only within local regions. The WAX Platform seeks to move pass this localization and break up these restrictions by using a blockchain form of trading. The WAX Platform will enable users to tokenize their virtual assets, and trade them without logging off from their game. The WAX Platform will also help eliminate the currency barrier by using its own currency, the WAX token. The WAX platform will allow the buyers to access the global supply of virtual goods while eliminating any financial risks.

The WAX Platform will also eliminate fraud, as it uses blockchain smart contracts to conduct all asset exchanges. The Blockchain smart contracts will eliminate the receiving of incomplete assets or any delivery issues as exchanges will happen instantly.

Malcolm CasSelle is the current CIO of OPSkins and the president of the WAX Platform. His educational background includes a Bachelor’s of Computer Science at MIT, and a Master’s of Computer Science at Stanford University. He processes a high IQ and has an extensive business and investing background. In 2014 he was previously the president and CTO of Tronc (formerly Tribute Publishing), in 2013 he co-founded and was the CEO of Timeline Labs. Timeline Labs is a solution company, that allowed companies to discover, display, and measure engaging content based on social signaling. CasSelle also founded a few startups including Media Pass, a digital subscription to major media companies, and in 2012 was CEO of Xfire a gamer social network.

Aside from being a CIO and President, CasSelle is also an Angel Investor. He was an early investor in Facebook, Zynga and several blockchain related startups. Aside from angel investing, CasSelle is a strong believer in cryptocurrency and has been a mentor to Plug and Play Bitcoin a startup that helps other start ups work with Bitcoin.

Find out more about Malcolm CasSelle: https://twitter.com/malcolmcasselle?lang=en