Malcom Casselle’s WAX Is Set to Change the Gaming Industry
The virtual gamer gear market has been reported to be worth 50 billion dollars. This is the net amount for the platform that is being used to exchange weapon skins which is a digital asset for online gamers. These weapon skins are usually traded through a centralized online exchange system. the networks that enable this exchange keep growing as the years go by as more websites discover them and enter into the digitalized trading business. The more websites gaining access to these programs has led to vulnerability in the sector. Instances of cyber-attacks have become more rampant than before. The exchange sites have also become more greedy due to their popularity hence have begun charging huge amounts that are drawing more gamers away from the games instead. Malcom CasSelle, through WAX, is looking to provide a solution to these issues.
Wax is a decentralized exchange platform that was developed by one of the leading development firms named OPSKins that is also one of the biggest trading platforms on the planet. WAX is working towards making the online trading network more secure and one of integrity. WAX has been able to come up with its on one-stop-shop for digital assets through the consolidation of marketplaces that were previously spread around the globe. The platform also uses blockchain technology that was applied to the WAX tokens, allowing it to be used internationally as a trading platform. The blockchain security also secures the platform from cyber-attacks and cyber theft. Among the individuals who came up with this brilliant platform is Malcom CasSelle.
About Malcom CasSelle
Malcom CasSelle is an entrepreneur who has been advocating for the cryptocurrency industry for a very long time now. He is the Chief Investments Officer at OPSKins and the current president of WAX. WAX is an acronym for Worldwide Asset Exchange which is the service provided by the company. Malcom has a degree from MIT as well as a Master’s degree from the University of Stanford. Both his degrees are in Computer Science.
Malcom is the former president and CTO of New Ventures Tronc Inc. He also worked at the Digital Media of SeaChance International where he was the senior VP as well as the General Manager. He has worked in several other companies in the technology sector and is an investor in Facebook, Zynga, and companies in the bitcoin industry.