WAX tokens are here! The new innovation from OPSkins CIO Malcolm CasSelle is set to revolutionize the digital asset market. CasSelle who is also the CEO and president of the WAX (Worldwide Asset eXchange) platform. WAX is a brand-new player to player marketplace that uses blockchains to cut through the red tape of fragmentation, and create instantaneous trading and selling of assets. No more will transaction get bogged down in the confusion between various service providers that divide local and regional markets. From now on transactions will be seamless, quick, and without any friction. Why? Because WAX tokens are here, and even FOREX problems will be addressed with CasSelle’s lastest innovation.
Most video games out there do not use common tokens. They use tokens specific for the platform, or game, they are designed for. Tokenization is the assignation of value to virtual assets and commodities. Essentially it is what allows such revenue to be traded and sold. As marketplaces freckle across the earth, transaction that take place between different regions, different cryptocurrencies, different anything really cannot occur without the use of a middleman. This is where it gets to be a headache as payment processing, language, and security measures get twisted around each other in a painstakingly slow tangle. WAX tokens run off smart contracts, and all of them use the same common utility. This means they all have the same value.
WAX enables the acquisition of in-game items to occur without middlemen. No matter what the service the provide will inevitably use the same token. Therefore the process will be seamless and quick, enabling gamers to trade and sell without clicking off their screen.
Malcolm CasSelle is a graduate of MIT and Stanford University respectively. He has both a bachelor’s and master’s degree in computer sciences. He founded his first company in ’95 and has worked in the internet-based industry for decades.
He has served as a top-level executive for numerous companies, and has been at he forefront of industry innovation. CasSelle became CIO of OPSkins in 2017. He is also an early-stage investor in Zynga, Facebook, and Bitcoin.