An MIT and Stanford University graduate, Malcolm Casselle is the CIO of OpSkins, an online market designed for gamers, where they can buy and sell digital items with actual money. Caselle is also the CTO and the President of New Ventures at Tronc, a media and marketing-solutions company.
A digital industry maven from way back, Malcolm Casselle has been in the forefront of numerous start-ups, including MediaPass and Xfire. He has also served as CEO of both enterprises. He’s served as CTO for the Afrocentric NetNoir. Other investment opportunities that Casselle seized onto at the dawn of their inception include Facebook and Zynga. Malcolm Casselle is also the president of WAX, otherwise known as the World-wide Asset eXchange. A gaming-specific platform, WAX is testament to both the popularity and the immense size of the gaming market.
Though an adjunct to the bigger gaming industry, the online buying and selling of weapon skins, which are digital assets used by gamers, is itself a big market. Historically, it’s been a market controlled by centralized exchange platforms, which are frequently victimized by cyber-opportunists, besides proving rife with attached user-fees.
Malcolm Casselle believes WAX, which is a decentralized and therefore world-wide option for gaming enthusiasts, can mitigate many of the heretofore prevalent bugs infecting other sites. The WAX endgame is to bring together the legions, 400 million probable, gaming aficionados currently corralled into small gaming exchange pens and set them loose in a much bigger online exchange community.
By using blockchain security and technology the plan is to make the site inaccessible to thievery. Gamers can use WAX tokens, which makes possible the exchange of virtual goods for cryptocurrency. Casselle was a big believer in bitcoin before the establishment of WAX. In fact, Opskins, where Malcolm Casselle acts as Chief Information Officer, is the largest site online to use bitcoin.
Find out more about Malcolm CasSelle: https://www.bloomberg.com/research/stocks/private/person.asp?personId=184053609&privcapId=154118782