A company widely considered the world leader as a seller of in-game virtual assets is launching an all-new blockchain platform to solve certain problems and streamline virtual asset trading. OPSkins has announced it has created WAX — the Worldwide Asset eXchange.
Malcolm CasSelle is the CIO of OPSkins. He said that, while OPSkins is the leading centralized marketplace for virtual assets, a centralized technology necessarily comes with some limitations. That means creating a decentralized marketplace is the next logical step. That’s where WAX comes in. It is a P2P marketplace built on a foundation of blockchain and decentralized smart contracts. It will make buying and selling virtual assets much easier.
Malcolm CasSelle will serve as President of WAX. He recently spearheaded a $100M token sale in his new role. CaSelle brings a broad range of experience to his new endeavor. He is the former President of Tribune Publishing where he worked in digital assets. Prior to that, he was SVP and General manager of digital media for SeaChange, a multinational firm based in Acton, Massachusetts.
Malcolm CasSelle had led numerous startups within the digital industry. One was MediaPass and another was Xfire, a gamer social network. He describes himself as a “serial entrepreneur” who has served in almost every executive role in traditional startup companies. He frequently engages in early-stage investing in new companies within the digital media sector.
Malcolm CasSelle earned his Bachelor of Science degree at the Massachusetts Institute of Technology. He then completed a master’s degree in computer science at Stanford University. One of his first jobs out of college was as Director of Capital Union Investments. There he managed private direct investments in late-stage internet firms.
He is currently a board member for Social Reality (SCRI), an advertising technology company. It also provides social strategy, campaigning and content development services in California.
Malcolm CaSelle speaks fluent Japanese and Mandarin and is an active member of the YPO Bel Air Executive Committee. YPO is a global leadership organization comprising 27,000 chief executives in more than 130 countries.