The creators of OPSkins, the online platform for gamer trading and the #1 bitcoin merchant, just launched a new blockchain platform called the Worldwide Asset eXchange. This new platform allows for peer to peer trading of virtual assets.
The new blockchain platform hopes to solve two problems in the gaming industry: fraud and fluidity. WAX implements the same concept and methodology as OPSKins, except that it is a widget embedded into a game, allowing for safe and seamless trades. The best part is, you never have to leave your game, and Malcom CasSelle on Facebook.
Scammers duped gamers out of assets in the past. In some instances, scammers accepted assets only to open a Paypal claim, increasing the loss. OPSkins and its president recognized this flaw in the gaming system and sought out to solve this problem.
The blockchain creates a safe environment to encrypt and tokenize game assets, while the widget eliminates multi-processes and multi-channels necessary for trading. Gamer trading is more convenient than ever with the new WAX widget.
WAX president, Malcolm CasSelle, feels gamers will popularize cryptocurrency since it is such a necessity in the gaming arena. With the global gaming market estimated to be valued $79 billion as of 2017, he may be right.
Along with his position at WAX, CasSelle is also the Chief Information Officer of OPSkins. Fluent in Chinese and Japanese, CasSelle has experience in international business affairs as well. One of his first positions was with Pacific Century CyberWorks, a provider of telecommunication services based in Hong Kong. From then he has been directly involved or investing in startup companies and products, and more information click here.
CasSelle has a keen interest in digital and Bitcoin. He led several startups including Xfire, MediaPass, the joint project between Groupon and Tencent in China. Before the popularization of Facebook, Bitcoin, and Zynga, CasSelle was an early-on investor.
CasSelle is currently focusing on social networking, online marketing, big data, and advising on several early-stage deals, and https://about.me/casselle.