This article is recapping an article by Malcolm CaSelle “Worldwide Asset eXchange” or (WAX) for short, is a platform that is withdrawn. This allows anyone to participate. They are taking part in a marketplace for virtual game assets. Here they are demonstrating the power of tokenizing the items that are in the game.
WAX has many different things it completes. They make transaction costs smaller. They also, form marketplaces for games that weren’t allowable before to fractionalize player profits and transfer assets from exchanges that were centralized. Tokenization is a way to allow ownership of assets that are virtual. This forms a modern, and accessible economy. It has a possibility to expand into areas that are physical.
Currently, Worldwide Asset eXchange has innovations that are very powerful. The innovations currently develop a new asset ecosystem, that couldn’t have been exchanged before. WAX will be in a position of strategy to physical asset groups to their platform onboard. This is as virtual items are traded successfully.
The President of WAX is Malcolm CasSelle. He is also the CIO of a marketplace called OPSkins. Here are some examples of the many jobs CasSelle worked for. One of them was OPSkins , a first-choice marketplace of both selling and buying items from video games online. Even before, he was the CTO and President of at a company called CTO. Also, CasSelle became CEO at Timeline Labs. This is a high solution to measure, display, and discover engaging content formed on social signaling.
Malcolm CasSelle began his job life as at a telecom called PCCW that was based in Hong Kong. In excess, it was currently valued at $35 billion USD. CasSelle, is bilingual and speaks two languages: Mandarin, and Japanese. He also has degrees from both Stanford University and MIT in Computer Science.