WAX or Worldwide Asset eXchange is a new blockchain platform launched by the creators of OPSkins for trading virtual assets, when Malcolm CasSelle was its CIO. OPSkins has built-up WAX on the foundation of blockchain as a decentralised P2P marketplace for the trading of virtual assets. It has also provided decentralised contracts to allow the sellers and buyers of virtual assets to trade efficiently with each other.
OPSkins, a leading company in the sales of virtual assets in games, is also known as the number one merchant of Bitcoins on this earth. This company supports its users all over the world who make micro-payments across the countries by using its decentralised procedure as per the demand of the users and the size of the market. The company has to create a decentralised marketplace as WAX to control increasing trading of virtual assets due to limitations on its technological potentials.
Malcolm CasSelle was appointed as the first President of WAX along with serving OPSkins as CIO. Before joining WAX he also served New Ventures at Tronc, Inc., formerly known as Tribune Publishing, as CTO and President.
Malcolm CasSelle is an entrepreneur from the very beginning as before starting his professional career he supported a number of start-ups in digital industry by investing in a joint venture of a Chinese company Tencent and Groupon, MediaPass and Xfire. As an active investor he also invested in the companies like Facebook, Zynga, and several other companies related to Bitcoins trading in the recent years.
CasSelle started his professional career as co-founder and CTO of NetNoir in 1995. This company focused on creating websites on the culture of Afro-Centric region. This company was also accepted in the AOL Greenhouse Program as the first outsider company. He also served Pacific Century CyberWorks (PCCW), a Hong Kong based publicly traded telco service provider from 1998-2002.