Worldwide Asset eXchange, known as WAX is a redistribution platform for gamers to purchase, trade, and sell virtual products online safely. The marketplace is conveniently available to use no investment amount in payment processing, security, and infrastructure. It’s in high demand in the video gaming world and designed to serve hundreds of millions of users. Malcolm CasSelle, the President and Strategic Advisor of the e-commerce business sees greater success after building a payment processing system for the future.
The founders of OPSkins, an online marketplace started WAX which is the first international video gaming platform for virtual items. According to Daily Forex Report in August 2018, Malcolm CasSelle said his observation of the opportunity in cryptocurrency is continuously growing. His focus is on digital currency and cryptocurrency in the marketplace of online gaming. Under his leadership, the market for blockchain games and use of cryptocurrency grew. The difference between the two platforms is that OPSkins acts as a third party platform and buys items from the seller and WAX allows the users to operate the marketplace between the seller and buyer.
Malcolm is CIO for OPSkins and heads start-up companies in the digital industry including a joint venture between Groupon and TenCent. Before OPSkins and WAX, Malcolm CasSelle worked for Digital Media of SeaChange International as the General Manager and Senior Vice President. He later joined tronc, Inc which was formerly Tribune Publishing serving as the Chief Technology Officer. He’s an active early stage investor in Zynga, Facebook, and Bitcoin companies, and leads MediaPass and Xfire. CasSelle graduated from MIT and Stanford University earning a BS degree and MBA in Computer Science.
Malcolm CasSelle has high expectations for digital currency and believes there is plenty of opportunity for the use of cryptocurrency as financial transactions. As Strategic Advisor and President for WAX, he seeks investments and partnerships with startups in the bitcoin industry. He’s confident the company will succeed in its investment endeavors and to lead digital companies in the startup stage. Malcolm helped with investing transactions to partner with Bancor Network, Forge Arena, GIFTO, Robot Cache, and Terra Virtual.