Decentralized markets offer a lot more opportunities than centralized markets, mainly because they are non-restrictive. It comes with a price however, as decentralized markets are wide open to fragmentation and fraud. Individuals operating in a decentralized zone can be attacked by hackers, have personal information stolen, can formalize deals with fraudulent parties, and then of course the every man for himself scenario of fragmentation. Malcolm CasSelle and his team have discovered the secret. They know how to operate in a decentralized market without negative repercussion. The secret is blockchains. Endless chains of data grouped together, data that can form smart lists. Smart lists can separate good from bad, allowing legitimate business to truncate fraudulent. Thus the WAX platform cometh.
WAX, or Worldwide Asset eXchange, is a player to player marketplace that allows cross-gaming trade. The games that belong to this market, can now offer currency and assets that are transmutable. Through tokenization gamers can sell their digital assets for actual money. This is a big deal considering that officially makes in-game content a trade medium as functional as actual cash. Although it will only be available to games within the WAX market, other gaming industries could follow depending on success. Good for gamers as it makes the market competitive. Good for cryptocurrency as it brings it closer to the mainstream.
Malcolm CasSelle is the president and CEO of WAX, as well as CIO for the its parent company OPSkins. CasSelle is fluent in Chinese and Mandarin, a graduate of MIT and Stanford, and has served as a top executive in numerous digital-based companies. His career has seen him at the forefront of digital monetary transaction, social media platforming, and online gaming.
Malcolm CasSelle is a entrepreneur, early stage investor, and cryptocurrency guru. He was an early stage investor in Bitcoin, allowing OPSkins to become the largest Bitcoin merchant around. CasSelle also invested early in Facebook and Zynga. He is an innovator, and shares mutual interest in the future of cryptocurrency. CasSelle believes that WAX is the next step in virtual currency’s future, and expects it may tip cryptocurrency into the mainstream.
Find out more about Malcolm CasSelle: http://casselle.com/