Malcolm CasSelle is set to take on the cryptocurrency world and WAX is the vehicle he is driving. WAX stands for Worldwide Asset eXchange and it is a new player to player trading network that operates within decentralized markets. The platform will use blockchain technology to bolster security and eliminate fragmentation. It will also use the process of tokenization to handle currency exchanges, allowing for seemless transactions between players across WAX’s game network. This presents a real opportunity for players to finally get a return of investment on digital wares, and could ultimately spell a turning point for the cryptocurrency market in general.
OPSkins is the company behind WAX. A major international seller of in-game assets, OPSkins became a multi-billion-dollar company over the last few years. CasSelle serves as CIO of OPSkins and is responsible for a lot of its success. This is not the first time the global entrepreneur and avid businessman has aided a company in reaching over a billion in value. He served as both Senior VP and advisor to the CEO of PCCW, a Chinese-based telco-service. CasSelle is a graduate of MIT and Stanford. He received a bachelor’s in computer science from MIT, and followed that with a master’s in the same subject at Stanford. His first company was called NetNoir, and he founded it back in 1995. CasSelle came to OPSkins in 2017.
In a recent interview with Ideamensh CasSelle spoke about his investment in WAX, which is really an investment in blockchain technology. “Blockchains are internet 3.0,” CasSelle stated, “It solves so many transaction problems.” CasSelle has been an avid follower of blockchain tech, which he stated was his current trend of interest. A known innovator, CasSelle has been at the forefront of technology before. He was an early stage investor in Bitcoin, Facebook, and Zynga. His investment in Bitcoin paid dividends for OPSkins, as it is currently the largest Bitcoin merchant on earth. CasSelle sees blockchains as the future, a game changer that will revolutionize the cryptocurrency market. Through WAX, both he and OPSkins are taking full advantage and investing early. “If we don’t do it someone else will,” CasSelle said.