OPSkins is the top merchant of the bitcoin cryptocurrency in the world. It is also the number one company in selling in-game virtual assets in the world. Malcolm CasSelle serves as the company’s CIO. Malcolm CasSelle is one of the entrepreneurs behind many groundbreaking companies. His previous business adventures include CTO and President of New Ventures at tronc, Inc., Senior Vice President and General Manager, Digital Media of SeaChange International, and Groupon’s joint venture with Tencent in China. Malcolm CasSelle holds a bachelor’s degree from MIT and a master’s degree from Stanford University, both in computer science, it is safe to say that WAX is in excellent hands.
The company is in its prime when it comes to its worldwide following of users who make international micro-payments on a regular basis. It is also the epitome for a decentralized protocol business because it serves as a global leader in centralized marketplaces for virtual assets. However, there are limitations to the capabilities of any corporation when it comes to centralized technology.
This automatically makes the virtual assets decentralized marketplace the next step moving forward. The founders of OPSkins have launched a new blockchain technology platform for the trading of virtual assets popularly known as WAX or the Worldwide Asset eXchange. WAX is built on a P2P marketplace for virtual assets trading built on blockchain technology foundation and smart contracts that are decentralized. Such a platform enables sellers and buyers to trade virtual assets efficiently with one another. WAX presents a solution to the two most significant problems in the virtual assets markets which include fraud and fragmentation.
WAX solves these issues using simple blockchain technology that has been enabled by a widget and allows the immediate purchase and sale of virtual goods. Currently, the virtual trading market is confronted by some problems. There is a hodgepodge of both regional and local marketplaces that are stuck from the onset as a result of security concerns, language, and payment processing. These issues present a limitation to their regions or countries. WAX is offering the blockchain technology which is currently the only solution that can solve the fragmented market problem. WAX Token is using blockchain application to eSports by the creation of a frictionless market. Such an exchange enables sellers and buyers to tokenize and efficiently sell their virtual assets.
WAX also ensures that the sale and purchase of these tokenized assets take place on a platform that is fraud-proof and powered by blockchain technology. The WAX platform allows its users to have their gaming assets tokenized.
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