Ever since the success of Bitcoin, many have speculated that the gaming industry would take cryptocurrency to the mainstream. The world is populated by millions of gamers, and they have been dealing in digital assets for a while now. In game purchases, gaming currency, and digital transactions are not new to them. So far thought currency purchased in game can only be used for that game.
Same thing for digital assets. But what if they could be traded for other currency? What if the special laser blaster you bought of shooting game 1 could be sold for a profit? This is what Malcolm CasSelle is trying to do with Worldwide Asset eXchange. WAX is a P2P network that allows the sale and acquisitions of digital assets between gamers. Presently it operates between a series of games, but it gives players a return of investment. If major game giants took part in such a network, the influx of gamers using digital currency for an actual monetary trade medium, would skyrocket cryptocurrency into the mainstream.
WAX operates in a decentralized market place using blockchains to create smart lists. This allows for transaction to take place free of fraud and fragmentation. CasSelle who is the president of WAX, as well as the CIO of OPSkins, has stated that WAX is the future for cryptocurrency. A graduate of Stanford with a degree in computer sciences CasSelle has been a part of the digital world for decades. He became involved in online gaming in 2012, when he became the CEO for Xfire. As the CIO of OPSkins CasSelle has been instrumental in leading the company to become a top seller of digital assets. CasSelle was also an early investor in Bitcoin. His involvement with cryptocurrency led OPSkins to become the biggest Bitcoin merchant on Earth.