Malcolm CasSelle is one of the leaders of the cryptocurrency today. That is for in-game cryptocurrency that is. His followers are all those users who make micro-payments in games. While there are limits to this, due to technical issues that come up from time to time, the business is progressing nicely. There are marketplaces where this is happening today. WAX, Worldwide Asset eXchange, is a marketplace where this type of currency is exchanged.
WAX allows people to use a widget called OPSKINS to exchange this currency. It is used in the games people play now. That way the player never have to leave their game. They can make their purchase with a simple click and enjoy their play. When combined with the various payment processing companies the only restrictions are the countries where they live. Protections are even actively taken to protect against fraud. This system to protect from fraud also protects against the isolation of the various regions for gameplay. WAX makes all of that seamless exchange possible.
There have been many companies participating in this type of venture over the years. In-game currency is one of the fastest markets in computer science today. Many businesses beyond games use it. In the case of some, it is their largest area of financial stability. The future of this type of industry is exciting. There is little doubt that CasSelle will be right there as it grows in the future.
As the President of WAX, Malcolm CasSelle previously worked on startups and been an investor as well. Some of those companies are leaders today, Facebook being just one of them. He has also donated to many academic ventures as well. His investments are widely varied. It has been a passion in his life since the beginning of his career.
He speaks Mandarin Chinese and Japanese as well. He received his bachelor’s degree in Computer Science from MIT. He went on to complete his master’s degree in the same field of study from Stanford University. There is little more known publicly about his early years, but he is 48 years old today. He is a passionate entrepreneur.