OPSkins is a global leader in in-game virtual assets sales. The company is also ranked as the top bitcoin merchant in the world. Under Malcolm CasSelle who is OPSkins’ CIO, the company has users worldwide who make payments across borders and has created a centralized protocol for such transactions. The founders of OPSkins are however launching WAX (Worldwide Asset eXchange), a blockchain platform for trading using virtual assets. The platform is set to be based on decentralized smart contracts and blockchain that will enable sellers and buyers to trade virtual holdings with each other efficiently.
WAX will allow users to turn their gaming assets into tokens and instantly purchase and sell their assets to other gamers. The platform, which is blockchain enable will allow its users to buy assets at any time without any hustle. The WAX platform will also help to solve the issue of with geographic fragmentation. The platform will have a common currency, the Wax Token, that will eliminate issues regarding FOREX which affects virtual asset markets.
Malcolm CasSelle is the CIO of OPSkins and presently the President of WAX. Under his leadership, OPSkins has grown to become the top marketplace for selling and buying items from video games online. Before OPSkins, Malcolm was the CTO and president of tronc, previously known as Tribune Publishing. At tronc, he oversaw the growth of properties influencing digital assets. Before this, he was GM and SVP of Digital Media at SeaChange. This was in 2015. Previously, Malcolm had digital startups including MediaPass, which was a leading subscription solution to many media companies. He also developed Xfire, a social network for gamers and Groupon’s joint project with Tencent in China.
Malcolm has actively invested in major companies like Zynga, Facebook, and numerous blockchain firms. When he joined the digital industry, he was the co-founder of PCCW, a telecommunications firm located in Hong Kong and is currently valued at approximately $35 billion. While at PCCW, Malcolm helped to raise billions for the company’s public offerings and millions for various private transactions.