Malcolm CasSelle is the president of WAX, short for Worldwide Asset eXchange. It is a platform that’s decentralized and it allows people to participate in a marketplace for virtual game assets. CasSelle recently discussed the future of his platform. CasSelle talked about how WAX will fractionalize player profits from exchanges that are centralized, as well as reduce transaction costs. These are all major changes that will benefit those who use WAX.
The changes will do a number of things. By fractionalizing physical items, both value and security will be enhanced. The changes will also safeguard the WAX token, as well as the virtual asset bond.
About Malcolm CasSelle
Before becoming the president of WAX in 2017, CasSelle was the president of Tronc, which was formerly known as Tribune Publishing. There, he oversaw the growth of properties leveraging assets. He also worked at SeaChange Int’l as the GM of Digital Media.
In the past, CasSelle led a number of startups in the digital industry, and this included MediaPass and Xfire. He was also an investor in major companies such as Zynga and Facebook. He was also the co-founder of a publicly traded telecom company called PCCW.
CasSelle attended MIT, which he graduated with a bachelor’s degree. After graduating from MIT, he went on to attend Stanford University, which is where he earned a master’s degree. Both degrees are in Computer Science. He can also speak a number of languages, including Mandarin and Japanese.
PCCW went from a brand new startup to a market cap of over $30 billion within the first 18 months. Not only that, but he managed Groupon’s JV with Tencent in Eastern China and within a year it went from a headcount of 0 to several thousand.
As you can see, Malcolm CasSelle is a successful entrepreneur and he is a hard worker. Feel free to visit his official website to learn more about him.