As the president of Worldwide Asset eXchange (WAX), Malcolm CasSelle and company have made it easy for people to take part in owning virtual game assets on the market, a show of how much profitable tokenizing in-game merchandise can be. This is through a reduction in costs especially when transacting, the creation of new assets transfer markets, and from a centralized exchange, the platform gives percentages on player’s profits.
The prospect of tokenization is that one can own assets virtually that brings up and easily accessible economy, which is projected to incorporate physical items in the near future. WAX has paved the way for increased value and safety of assets through fractionalizing physical assets. WAX innovations have entered a new market system that is making items that could not be exchanged earlier possible.
Malcolm CasSelle is a global entrepreneur who has been a CEO of various high profile companies in the digital market. He has served as the CEO of New Ventures at Tronc, Inc., vice president of Digital Media of SeaChange International, the CEO of MediaPass, as well as the CEO of Timeline Labs. Currently, he is the president of Worldwide Asset eXchange (WAX). He has been deployed in coming up with online payment methods that ensure subscribers submit their revenues when they use digital content.
CasSelle has a vast experience in the digital industry as seen when he was the CEO of Xfire, where he managed the company’s 22 million users’ video game players that acts as a social network. His interests in gaming date back when he was working with Groupon and Tencent as the chief executive in charge of its gaming and instant messaging platform.
He has shown interests in digital media by investing in Facebook and Bitcoin in their early stages. Malcolm CasSelle’S innovations and developments have been actively involved in setting up and running MediaPass and Tencent. He was one of the founders of NetNoir and Pacific Century CyberWorks (PCCW). His interest in the Chinese digital industry is huge as he has also worked with Capital Union Investments that has its headquarters in Hong Kong, where he acted as the manager for private direct investments.