Malcolm CasSelle Unites Digital Transaction Under One Token

Malcom CasSelle is a master’s graduate from Stanford University. He founded his first company, NetNoir, back in the heady days of 1995. He was top executive in Tencent’s joint venture with Groupon, and was top level executive for Xfire, MediaPass, and Tronc Inc.

CasSelle became CIO for OPSkins in 2017 and has aided the company in becoming a top-selling worldwide provider of in-game assets. He also invested in bitcoin early, allowing OPSkins to gain ground as the largest merchant of Bitcoin in the world. Currently he is the president and CEO of WAX, a brand new trading platform from OPSkins. WAX is the future of the cryptocurrency market, and an innovation stemming from CasSelle’s expertise.

The thing about cryptocurrency is almost anybody can create it. Bitcoin is just one form, but there are dozens of digital monies being created by numerous companies. Each of these cryptocurrencies is given its own value, an act called tokenization. Tokenization assigns value to virtual assets, giving them a trade value for other commodities. The problem that stems here is different cryptocurrencies have different values, resulting in a FOREX market system. A system that requires a middleman.

CasSelle and the designers of WAX created a solution, the WAX token. WAX token’s tokenize assets, but they use the same common token. The games connected the WAX network, do not deal in different tokens, just different providers who are split up into guilds according to the game. Since the tokens are the same, the value is the same, so no middleman is required for conversion. No matter the region, no matter the physical currency used in that region. They all purchase the same tokens, which are used for selling and trading.

This innovation makes buying and selling quick, seamless, and painless. Gamers can buy and sell without clicking out of their present screen. It is fast and completely reliable. Such an innovation can change the entire industry, making cryptocurrency more of a viable trade medium. CasSelle has already gone on record stating that WAX may light a fire under the gaming market as a whole.

Find out more about Malcolm CasSelle: http://casselle.com/