Malcolm CasSelle, The Man Behind WAX Success

The development of Worldwide Asset eXchange, a dispersed platform that empowers people to engage in a market of virtual game assets, indicates the influence of replacing in-game items with unique identification symbols. WAX will downgrade costs of transactions, create markets for virtual games, and divide player income from centralized trades. Tokenization facilitates virtual assets ownership, developing a new and more manageable economy with the ability to grow into physical assets.

One of the most significant challenges in tokenizing assets is establishing how to monitor and also guarantee tokens on the block-chain stay interlinked to their asset. The multi-level governance technique of WAX develops regulatory control by token holders themselves. The process of virtual asset exchange runs through users liable for the transfer of the items, referred to as Transfer Agents, their supervisory team known as Guilds, the rating systems, as well as a consensus algorithm.

If the Transfer Agents are unable to carry out their responsibilities, a financial stake and Guild’s reputation will be altered. If the Guilds fail to take appropriate action against the nonfunctional Transfer Agents, the token controllers will not elect them again to oversee their game. This form of economic response loop guarantees WAX tokens stays linked to their virtual asset.

Malcolm CasSelle is current President of WAX and CIO of OPSkins, the biggest market for purchasing and selling products from online video games. Previously, he was the CTO and President of Tronc, formerly known as Tribune Publishing, managing rapid development properties controlling digital assets. He also served in SeaChange Int’l as the GM & SVP of digital media. Previously, CasSelle has led various startups in the digital sector, including Xfire, a gamer social network, Groupon’s joint investment with Tencent in China, and MediaPass, a leader in the digital subscription to big media companies.

Malcolm is also an enthusiastic investor in major companies such as Zynga, Facebook, supports big data as well as blockchain verticals. Initially, in his career, Mr. CasSelle was a co-founder of PCCW, an openly traded telecom based firm in Hong Kong recently valued at more than USD 35 billion. In his career, Malcolm has helped in raising billions of dollars for PCCW’s charities and millions for other private businesses. He graduated from Stanford University and MIT with several degrees in Computer Science.

A Look at Daniel Mark Harrison’s Business Initiative

Monkey Capital is quite the successful institution. Why is this? It is simply because it has none other than Daniel Mark Harrison as a co-founder and managing partner.

What’s more, better days are ahead, as Monkey Capital has advanced beyond what it hoped and was recently marked as the first ICO company for successfully option selling and more. After working in entry-level recruitment, Harrison decided that it was time to move up and do some corporate recruiting. At age 25, he already possessed quite a few clients and a portfolio of work for businesses that made more than $30 million annually. The organization that he was with at the time later merged with another, one bigger and with an international focus.

Daniel Mark Harrison

At his first company, Daniel Mark Harrison had developed astounding relationships with each client throughout the process, many of which he holds today. He recalls going above and beyond what was expected to ensure that every client was satisfied. He remembers that, in 2001, many companies dismissed people from jobs as unemployment was at a high; markets were uncertain. Many whom he had recruited then went to new organizations seeking “bigger and better”; they eventually landed dream jobs or at least positions with enough income to thrive on.

That’s how Daniel Mark Harrison got started; “those who treat people well will be treated well in the end,” he recalled. In the interview, he was in tears over how far he has come; honestly, he did not expect to make it this far in the business. He literally went from living by himself in a home office with a bulldog name Henry to working in an office of 50 people are more and beyond. Things are changing rapidly for the entrepreneur, and they only continue to do so in a snowball effect.