OPSkins leads the market globally in sales of in-game assets. The company is also the leading bitcoin merchant globally. There are tons of users on the platform that are making crypto payments. Even though the company is a leader for virtual assets, its technological abilities are limited. Just like any other centralized technology the goal is to make the decentralized marketplace for virtual assets.
Innovation Starts Here
OPSkins creators are releasing a new platform for virtual asset trading. This is called the Worldwide Asset eXchange (WAX). It is a person to person marketplace for trading virtual assets. The platform uses blockchain technology and decentralized smart contracts. This will help the trading be more efficient between buyers and sellers of virtual assets. WAX is eliminating two major issues in virtual asset markets. One of them is fraud and the other is fragmentation. The remedy is the blockchain widget that allows users to stay on their game and still be able to sell and purchase virtual goods.
Blockchain Is The Solution
Payment processing, security, and language issues have been known to restrict marketplaces within their own regions. This is something that has crippled the virtual asset trading system. The blockchain is the only answer to the fragmentation. WAX token is adding blockchain to eSports by making a friction-free market which will allow sellers and buyers to tokenize their assets, which makes them fraud proof and protected by the blockchain.
Who Is Malcolm CasSelle
Malcolm CasSelle is the CIO of OPSkins and the president of Worldwide Asset eXchange (WAX). Before WAX he gained years of experience in digital media and publishing. He was the leader of several startups in the digital world as well as some international deals. In addition to leading startups CasSelle was also an initial investor in companies like Facebook, Zynga and the latest have included cryptocurrency companies.
Malcolm CasSelle has a bachelor’s degree from MIT and master’s from Stanford University. Both degrees are in the field of computer science. He speaks Mandarin and Japanese fluently.
Find out more about Malcolm CasSelle: https://twitter.com/malcolmcasselle?lang=en