Malcolm CasSelle leads the launch of WAX

For several years, OPSkin has been the leader in the in-game virtual assets and the best bitcoin trading platform globally. It was possible as Malcolm CasSelle is its CIO with several years of experience in the crypto industry.

Though the company has many subscribers who come for cross-border-micro-payment, it has some limitations due to technological and centralized technology rendering this decentralized mere virtual asset and a necessary step in the entire process. The company has used decentralized platforms and is currently in high demand. The limitations have necessitated the founders to come up of new strategies in this field.

 Creation of WAX

The founders of OPSkin came together to launch this P2P marketplace to trade in virtual assets advanced from the blockchain idea. It is in contrast to the centralized platform and will allow traders to buy and sell virtual assets easily. It, therefore, solves two problems that arose from the previous platform, fraud, and fragmentation. The wax tokens create a frictionless market which enables traders to tokenize and trade the assets in a fraud-proof manner manned by blockchain.

The wax token is made to solve the fragmentation problem by being made a common currency for all gamers regardless of their geographical locations. It is contrary to the primary platforms where players could not trade because of their varied geographic locations.

These tokens are the very efficient, fast highly decentralized and very flexible consensus.

The Delegated Proof of Stake powers it. This system uses elected confirming nodes chosen by the users. They vote for the delegates proposed. It makes the architecture of WAX decentralized and very democratic. The number of voters each delegate receives will determine its rank. The particular games also weight these Guilds it can support.

Malcolm CasSelle short biography

He is the CIO of OPSkins and the current president of WAX. He has overseen rapid growth properties in digital assets as the then president of CTO. Besides, he has served many other roles in other companies. He served as GM and SVP at Digital Media at Sea Change INTL. The other companies include Facebook, Zynga, blockchain verticals where he was the founding member.

Find out more about Malcolm CasSelle: https://twitter.com/malcolmcasselle?lang=en

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