Malcolm Casselle Journey to Developing WAX

Malcolm CasSelle is the current President of Worldwide Asset eXchange, otherwise known as WAX, and the Chief Information Officer of OPSKins. He co-founded NetNoir in 1995 and served as the Chief Technology Officer. CasSelle was also previously the Chief Technology Officer and President of New Ventures at tronc, Inc. as well as the Senior Vice President and General Manager of Digital Media at SeaChange International. CasSelle was also involved and led many startups in the technology industry including Bitcoin, Facebook, and Groupon. CasSelle attended MIT for his undergraduate degree in Computer Science and attended Stanford University for his Master’s degree also in Computer Science.

CasSelle tributes his success as an entrepreneur to studying, building lasting friendships, asking questions and not ignoring your body and spirit. He also says that success comes from collaborating with “the best and the brightest” and focusing on areas where not as many other companies may be working. The technology guru also surprisingly claims that disconnecting from the digital world and getting out in nature helps foster creativity and claims that it makes him more productive as an entrepreneur. He claims that his biggest failure as an entrepreneur was “failing to feed” his “spiritual side,” and that by “staying grounded and peaceful, it makes everything easier and a lot more fun.”

WAX is a decentralized platform for the development of in-game virtual item exchanges on the blockchain, which was created by OPSKins. The concept of WAX stemmed from OPSKins, which is a successful centralized marketplace to exchanging virtual items from video games. This concept helped OPSKins become a multibillion dollar company. However, they knew that there was an apparent opportunity in creating a decentralized marketplace. CasSelle states “if we didn’t do it, someone else would.” Thus, was created the decentralized marketplace that is WAX.