Malcolm Caselle is currently the CIO of OPSkins. OPSkins is a centralized seller of in-game assets such as skins. Virtual skins make in-game weapons and accessories look unique and some are extremely rare and valuable. The virtual asset market is a $50 billion industry, but using OPSkins has reached certain technological limitations and unfortunately experiences a lot of fraud. With over 400 million gamers interested in making themselves look unique and thousands of games and platforms the virtual asset trading industry has many transaction costs.
OPSkins CIO, Malcolm Caselle has created a new platform to eliminate transaction issue, fraud and other technical difficulties with his newest creation, World Asset eXchange (WAX). This platform attaches WAX tokens to skins and other in-game assets, which will eliminate exchange rate problems and decentralizes the entire industry. The tokenization of assets greatly lowers security issues and fraud as well.
It uses a blockchain system that allows users to purchase and sell virtual assets instantaneously without ever closing their games. It also eliminates any problems that arise from a global marketplace such as, language, foreign exchange rates and the issues that arise with different crypto-currencies, and his Website.
The security issues will be taken care of with the use of guilds that will monitor transactions and have elected leaders making the system not only decentralized, but democratic and transparent as well.
Malcolm Caselle’s immaculate career and incredible educational background have seen OPSkins and now WAX become the number one sellers of in-game virtual assets. Malcolm received his bachelor’s in computer science from the Massachusetts Institute of Technology (MIT) and his masters with the same major from Stanford University. He has vast knowledge and expreicene working with virtual companies such as, Efire and SeaChange International. He was one of the first investors in Facebook and BitCoins, which propelled him into the world of crypto-currencies.
Malcolm Caselle also has experience on a global perspective seeing the enormous global gaming industry and its virtual asset trading market in nations like China and Australia he started WAX, which is already becoming a leader in its own right. He is now the President of WAX and has helped several companies around the world grow exponentially for example; PCCW is a Hong Kong based Telecom Company, which is valued at over $35 billion. It was Malcolm Caselle that enabled PCCW to raise the capital to go public and become so large, and https://twitter.com/malcolmcasselle?lang=en.