Malcolm Casselle: Shaping the Virtual Asset Marketplace

 WAX is the next big thing in the cryptocurrency market. A P2P marketplace trading in virtual assets. WAX was built on the foundation of decentralized and blockchain smart contracts allowing the sellers and buyers to trade their virtual goods efficiently. It has come with an answer for two big concerns in the virtual asset market: Fraud is one and fragmentation is the other. The able creators of OPSkins are launching WAX. OPSkins is already leading in the global market in the sale of in-game virtual assets. Malcolm Casselle is the CIO behind this leading bitcoin merchant in the world today. OPSkins leaders in virtual asset marketplace is a centralized platform. It has therefore encountered some challenges in line with technology hence giving room for the creation of a decentralization marketplace for the virtual assets.

Going into the first issue being sorted by WAX, there is need to unite the fragmented virtual asset market. The fragmentation existed due to the different payment processing concerns, security, and language matters. The WAX token is the incoming application for blockchain to the eSports that will solve the fragmentation issue. It will create a market with no limitations hence giving chance to the buyers and sellers to tokenize and make the sale of their assets without fears. The platform for WAX gives room for the users to tokenize gaming assets and then immediately buy or sell these assets to prospective buyers. This will cut off all the limitations in the virtual asset marketplace. Moving on, this will solve the issue of location fragmentation. The WAX token is a common form of currency for all the users and hence it will eliminate the issues relating to FOREX. The other challenge of ending is the fraud. Security will be improved because there will be no intermediaries in the trading platforms.

Malcolm Casselle is the CIO of OPSkins and current president of the upcoming Worldwide Asset eXchange, WAX. Malcolm has served in other companies before his current positions and that has contributed to the tremendous skills he has acquired over time. He has helped companies to startup in business some of which have risen to incredible heights in the technological world. Malcolm is a graduate of Stanford University and MIT where he gladly acquired his degree in computer science.

 

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