WAX or Worldwide Asset eXchange was created as a platform to allow everyone to be part of a market dealing in demonstrating the power of tokenising the items in the games and virtual game assets. WAX will create markets for games to reduce the cost of transfer of their assets along with dividing the
profits of the players earned from the central exchanges. The tokenisation of in-game items will enable the users to create a more accessible and new economy so that the potential of their ownership of
virtual assets can be expanded into physical assets. Under the supervision of Malcolm CasSelle, the President of WAX, the gaming industry ignited the world of cryptocurrency to the normal marketplaces.
Earlier Malcolm CasSelle was an active investor and entrepreneur who invested in various companies like Zynga, Facebook along with the companies related to Bitcoin. Today he is the President of World Asset eXchange or WAX and the CIO of OPSkins. Before joining WAX Malcolm also served a number of companies as top executive posts like President and CTO of New Venture at Tronc Inc.
Prior to Tronc Inc. he also served at SeaChange International in 2015 as General Manager and Vice President of its Digital Media. He joined this company as part of its acquisition program of Timeline Labs, when he was CEO of the company.
CasSelle studied at MIT to get the bachelor’s degree in computer science. He got his master’s degree in computer science from Stanford University. Along with his master’s degree he was also capable to speak mandarin and Japanese languages fluently. Before starting his professional career CasSelle supported several start-ups in digital industry like Xfire, MediaPass and a joint venture of Chinese company Tencent and Groupon. He started his professional career in 1995 as CTO and co-founder of NetNoir which was one of the initial medial production websites based on the culture of Afro-Centric region.