Worldwide Asset eXchange (WAX) is a newly launched platform in the blockchain cryptocurrency realm that facilitates asset trading in a virtual manner. The platform is being launched by the same people that have brought the world OPSkins. OPSkins is a leading company in the area of sales of virtual assets in-game. The CIO of OPSkins is Malcolm CasSelle. The goal of WAX is to solve the issues of fraud and fragmentation that are rampant in the blockchain industry.
With WAX, users will be able to instantly buy or sell their gaming assets with tokens. This will allow users the ability to buy assets from each other without the friction that has been prevalent due to a fragmented market. This solves the issues of fragmentation that is related to geographic issues. The blockchain that WAX uses is ran by an algorithm called a Delegated Proof of Stake. In a virtual asset market that has become full of issues with security, users who make use of centralized type markets for their virtual assets end up suffering from receiving assets that are incomplete. WAX is able to take care of this issue by removing the need for any intermediaries. WAX will also provide much needed support to the unique needs that the virtual video gaming asset market possesses.
Malcolm CasSelle is an entrepreneur who serves as the President of WAX as well as the CIO of OPSkins. He is a graduate of MIT and Stanford University with degrees in the area of computer science from both of these prestigious institutions. Malcolm CasSelle got his start in the world of entrepreneurship back in 1995 as the co-founder and CTO of NetNoir. NetNoir was a pioneer in the area of Afrocentric culture. Malcolm also served in the capacity of Senior VP with Pacific Century CyberWorks.
Malcolm CasSelle has been associated with WAX and OPSkins since 2017. He has been working hard with these firms to achieve the goal of creating a revolutionary virtual marketplace that has no investment security. WAX currently has over four hudred million players online who are selling, buying and collecting WAX tokens.