“The gaming industry” Malcolm Casselle says, “will ignite the world of cryptocurrency to the mainstream.” Not only does CasSelle have the track record to back up his bold statement, the preformance of OPSkins does as well.
OPSkins is the global leader in sales of in-game virtual assets, and it is also the number one bitcoin merchant in the world. Those two facts are not a coincidence. OPSkins has achieved those things because they are filling a need in a market that is only getting bigger; the gaming market. The gaming industry has traded virtual assets in different forms for decades. OPSkins has become number one in this market by satisfying its need for a place where they can trade while skipping the usual payment processing, language, and security concerns that tend to restrict most to their own countries or regions.
Part of the strategy for Wax is taking advantage of the already existing virtual asset market by improving on the design already laid down by OPSkins. The gaming industry is already accustomed to trading virtual assets with bitcoin, and it makes sense that players will be willing to do the same with a Wax currency that is made for game players to trade with. The cherry on top for the Wax company is that they have employed many people that started OPSkins, including Malcolm CasSelle.
Before becoming the President of Wax, CasSelle was the CIO (Chief Information Officer) of OPSkins. Before OPSkins, he helped lead other startups in the digital industry, including Mediapass and Xfire. Mediapass was a digital subscribtion solution, and xfire is a gamer social network of 22M.
CasSelle was also an active investor in companies like facebook, zynga, and funds in big data and blockchain verticals. CasSelle holds degrees in computer engineering from both MIT and Stanford, and he speaks both Japanese and Manderin. He has firsthand seen how gaming has helped popularize bitcoin and other cryptocurrencies, and he’s giving Wax a chance to be next. This is a perfect candidate in my opinion of a person I would chose to accomplish what he said he would.
Find out more about Malcolm CasSelle: https://www.facebook.com/troncCareers/posts/1757498374496658