Chief Information Officer Malcolm CasSelle of OPSkins recently talked about his company’s blockchain platform for video gamers. It enables people to buy and sell in-game video game assets over a decentralized platform. It makes cross-border micropayments simple and easy to do and help people make money from doing something they love, namely playing video games.
There are presently two big problems when it comes to virtual assets markets he says. The first is fraud and the second is market fragmentation. Malcolm CasSelles new platform, called Worldwide Asset eXchange (Or WAX for short), solves the fraud problem by using blockchain-enabled widgets to keep track of who owns what. Market fragmentation is solved, he says, by everyone using the largest platform so that it is easier to find buyers and sellers.
Malcolm CasSelle has been in the tech industry since 1995. He is an entrepreneur who co-founded NetNoir in that year and he served as this company’s chief technology officer. This company was centered around Black American culture and it was a member of America Online’s Greenhouse Program. After taking part in this company he moved to Hong Kong and became an advisor and senior vice president for a firm there called Pacific Century CyberWorks. This was a publically traded telecommunications that provided its services in both Hong Kong and Mainland China.
It was in August 2017 that Malcolm CasSelle joined OPSKins. Prior to that he was the president of new ventures for the media company tronc. His role at this company was to oversee their investments, mergers and acquisitions activity, and develop strategic partnerships. He also presently is a board member of Social Reality, a firm he joined in August 2013.
His longest tenure occurred from 2006 to 2013 when he worked for the Hong Kong firm Capital Union Investments. He was their director and his job was to manage investments in tech startup companies. During this time he invested in many companies that were then in their early stages such as Facebook and Groupon. Many of these investments paid off and he and this company made a lot of money through his knowledge and experience.