Malcolm Casselle: The Significance of the Gaming in the World of Cryptocurrency

Malcolm Casselle: The Significance of the Gaming in the World of Cryptocurrency

OPSkin skin is the international top seller of the in-game virtual assets and of which Malcolm CasSelle serves as the Chief Information Officer (CIO). The company is also the leading bitcoin merchant in the world. Note that the company is the leading candidate when it comes to the market share and user demand for the decentralized protocol, thanks to the huge following of users who make micro-payments on regular basis. Nevertheless, even though OPSkins is the number one centralized selling field for virtual assets, there are some confines to the technological capabilities of any centralized technology. This makes the decentralized marketplace for virtual chattels the likely subsequent stage in the progress.

The designers of OPSkins have launched a new blockchain platform that will facilitate the selling of virtual assets. This is known as Worldwide Asset eXchange (WAX) which is a Peer to Peer market field for the buying and selling of virtual assets created upon a foundation of blockchain and decentralized smart contracts that let traders to effectively trade virtual assets among themselves.

The primary role of WAX is solving two major problems that affect the virtual asset market, including the fragmentation and fraud. It does this through a simple blockchain-supported widget that allows all users to immediately purchase and sell their virtual assets without switching off the game.

With the help of this platform, players can tokenize their gaming goods and immediately purchase and sell gaming asset from other users without clicking of their screen. WAX plays a vital role in solving the geographical issues. The moment a player trades on a platform that uses a different utility token; they are not permitted to trade with players whose assets are denominated in differing cryptocurrencies without the use of middlemen.

About Malcolm CasSelle

Malcolm CasSelle is the current president of WAX and Chief Information Officer of OPSKins, the leading marketplace for transacting virtual items. Previously, he served as the president and CTO at Tronc where he supervised the rapid development of assets leveraging digital properties.

Malcolm CasSelle enrolled in MIT where he graduated with a bachelor’s degree in computer science and later joined Stanford University to pursue his masters in computer science.

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