The rise of Bitcoin may have been surprising to many, but now Malcom CasSelle. CasSelle was an early stage investor in the virtual currency, seeing the writing on the wall early on. It is not the first time CasSelle has done something like this. In a storied career spanning back to ’95. CasSelle has been at the forefront of many digital innovations.
Malcom CasSelle has both a bachelor’s and master’s degree in computer sciences, earned at venerable institutions MIT and Stanford respectively. In ’95 he founded NetNoir, a website that focused on Afrocentric culture. Since then he has been a part of numerous start-ups, each of them pushing boundaries. In 2012 he became CEO of Xfire, a global social network for gamers. In 2013 he became CEO of MediaPass, which facilitates online paywall solutions. Currently he is the CIO for OPSkins, a top seller of in-game digital assets. CasSelle’s expertise has also made OPSkins the top merchant for Bitcoin globally.
CasSelle is also the CEO of WAX (Worldwide Asset eXchange) a decentralized P2P network designed to let gamers trade virtual wares. WAX develops blockchains to provide security within the decentralized market. It is an innovation as no other company is using decentralized markets. They are too high a risk for fraud and fragmentation. Decentralized markets are the next step however, as centralized marketplaces are too limited in what they can do.
An avid follower of cryptocurrency Malcom CasSlle anticipates that WAX will be the first domino in a chain that will bring digital coinage to the mainstream. The gaming industry has been sign digital assets for years with online purchases, and virtual only exclusive content. Giving gamers a return of investment allows digital assets to become a viable trade medium. If this happens cryptocurrency will go mainstream quickly, and Malcom CasSelle will be right there to see it.
So far WAX only operates within a set of OPSkins games, but the ability to go cross-platform is popular idea. Hopefully a successful future will see more games added to the lineup.