Malcom CasSelle Paints WAX as Answer to Cryptocurrency Going Mainstream
The only thing holding the gaming world back from taking cryptocurrency mainstream, is that digital assets are not a viable trade medium. Yet. Cryptocurrency is still the new kid, but the industry is growing, and more investors are becoming interested. Banyan Hill Publishing even has a newsletter dedicated to the subject, and they are a legit investment advocate. This is why Malcolm CasSelle is so excited about WAX, other wise known as Worldwide Asset eXchange.
WAX is a P2P marketplace that operates in a decentralized market. It is able to do this by innovation, using blockchains to create smart lists. This provides protection for gamers, and removes the threat of fraud and fragmentation. WAX allows players to trade digital currencies and assets betwixt the games in its network. This allows such virtual commodities to gain return of investment. Thus they become a viable trade medium.
According to CasSelle, current CIO of OPSkins and CEO of WAX, this could be the deciding nudge that finally takes cryptocurrency mainstream. Investors both amateur and professional have looked at the gaming industry for cryptocurrencies’ evolution. Since console platforms went WiFi, digital assets have been readily available. Downloadable content, virtual currencies, exclusive online only assets have poured in. Gamers purchase them and use them, but that is about it. CasSelle wants to give them the option of trading or selling such assets. If it works it could change everything.
Malcolm CasSelle is a graduate of both MIT and Stanford. He has two degrees in computer science, a bachelor’s and a master’s. Since ’95 he has served as as top executive in internet based start-ups and companies. He dealt in website design first, then moved over to trade, before becoming involved in online gaming, social media, and internet paywalls. CasSelle has a great sense for the business and can anticipate market trends.
CasSelle was an early stage investor in Facebook, Zynga, and Bitcoin. As CIO for OPSkins he has been instrumental in forging the company into a top global seller of in-game assets, and the largest Bitcoin merchant on the planet.
Find out more about Malcolm CasSelle: https://about.me/casselle