Malcolm CasSelle Talks About How The WAX Platform Solves A Big Issue In The Virtual Asset Trading Ecosystem
Malcolm CasSelle is the president of Wax which operates one of the most widely used bitcoin merchants around. His company also developed OPSkins which is used by gamers to exchange in-game virtual assets with one another. He says that right now this is a centralized platform but they are at work converting it into a decentralized marketplace that will be based on blockchain technology.
He says that the virtual asset trading ecosystem is busted. It’s far too fragmented between different local and regional marketplace providers. They restrict thing such as what payment processing systems are used and what languages they allow participants to use among other things. Malcolm CasSelle says that the solution is to do what his company is doing, which is using blockchain to allow for seamless transactions across borders on a global basis. By using the WAX Platform, video game players can trade their gaming assets without ever leaving the game itself.
After Malcolm CasSelle graduated from high school he became a student at MIT. Once he earned his bachelor’s degree there ie attended Stanford University and earned a master’s degree. He has been in working in the tech industry since 1995 when he co-founded a company that was focused on African-American culture. Three years later he joined Pacific Century CyberWorks where he was a senior vice president.
It was while working for PCCW that he first moved to Asia. This company was in Hong Kong and Malcolm CasSelle soon found himself working in China. While in that nation he actively managed a few startup companies including Xfire and MediaPass. He moved back to the United States in 2015 when and started working in an executive-level position for SeaChange International.
Just prior to starting his position at WAX, Malcolm CasSelle had been working for Tronc, Inc. (which had been called Tribune Publishing). He was this company’s president of new ventures as well as the chief technology officer. He spent a year with this company before he joined WAX in 2017.