The success of Malcolm CasSelle
Over time, online trade of virtual items for value has been made difficult by such problems as frequent scams resulting from inefficient trading platforms. The insufficiency has often occurred to loss and thus a possible push-away of skin traders, which translates to an apparent retrogression in eSports. This gave rise to OPSkins. It offered a trusted platform for the trading of the virtual ‘goods’. However, it was using a centralised system.
With time, a troubled time of technical incapacities inherent to centralised systems, OPSkins has borne WAX (Worldwide Asset eXchange) that applies the blockchain technology approach to conducting the business matters sustenance and distribution of value. WAX offers a platform where buyers and sellers can access a wide range of virtual products and be able to purchase or sell them confidently. It has provided a universal platform for trading the virtual assets thus countering the ‘fragmentation’ problem associated with the conventional markets. WAX has also written off a wide variety of financial risks as incurred in the regular markets.
WAX’s blockchain is powered by Delegated Proof of Stake consensus algorithm. With DPOS, the users vote for proposed delegates in an ‘election’ from which ranks to the guilds are established but weighed by the games they support.
WAX has Malcolm Cassel as its president. He is the Chief Information Officer at of OPSkins, the host company for WAX. He is a holder of 2 degrees, both of computer science, one being from MIT, a bachelor’s degree and the other Stanford University, a master’s degree. He speaks Mandarin and Japanese. He is knowledgeable and has got all qualifying skills necessary to preside over the coming to be of WAX.
He has made tremendous accomplishments in his life in the world of technology entrepreneurship. He has started off several start-ups namely MediaPass, Xfire and Groupons Joint Venture. He has previously been president and Chief Technical Officer of Tribune Publishers, now Tronc. He has also been CEO of Timeline Labs. His breakthrough in entrepreneurial accomplishment was PCCW a telecom company that’s currently valued at an excess of $35B. These accomplishments have served a great deal in preparing him to the server as CIO at OPSkins and thus pioneer the WAX program.
Find out more about Malcolm CasSelle: http://casselle.com/