Malcolm CasSelle: Modernizing Transfers by Introducing Cryptocurrency and Tokenization

Worldwide Asset eXchange (WAX) is a platform that provides everyone with an opportunity to participate in a tradeoff for virtual game assets. The platform utilizes the power of tokenization which enables the ownership of in-game items. WAX is more accessible than other platforms, and it creates a new economy that has the potential to include physical assets in the future. Worldwide Asset eXchange will come with amazing features that will lead to the reduction of transaction costs in the gaming marketplace. This platform will enable people to transfer game assets, a feature that was not present before.

The governance of the platform is unique, and it allows the token holders to create regulatory oversight. The exchange process is performed by Transfer Agents (users responsible for transferring assets). These agents are overseen by rating systems, supervisory committees usually referred to as Guilds, and a special consensus algorithm.

Poor performance of the agents will affect the financial stake and the reputation of the Guild. Therefore, the Guilds have to deal with disappointing Transfer Agents, list the token holders fail to re-elect them to oversee their operations. It is through this economic feedback loop that the tokens offered by Worldwide Asset eXchange remain connected to their virtual game assets.

Despite the numerous advantages of tokenizing, there is one major challenge. The platform has challenges in determining how to manage the tokens to ensure those on the blockchain stick to their gaming assets.

Fractionizing gaming assets will open great possibilities for collectors as well as gaming fans. The decentralized governance also comes in with its advantages. The Guilds will deal with monitoring asset ownership and authenticating items whereas the Transfer Agents will implement IoT and RFID technologies to get the asset location in real time, to ensure the tokens remain connected to their rightful owners.

The current President of Worldwide Asset eXchange is Malcolm CasSelle. He also serves as the CIO of OPSkins. Before joining WAX, Malcolm worked at New Ventures as the CTO as well as the President. He has also worked at Digital Media of SeaChange International as the General Manager and Senior Vice President.

Malcolm CasSelle attended MIT and Stanford University. In his early years, he led startups in the tech industry. He is an advisor to various tech centers such as VOTOCOST, DirecTech Labs, and Bringhub.
WAX’s innovations will create a marketplace that facilitates the exchange of items that could never be exchanged before. The platform will include both virtual and physical assets.

Glen Wakeman, Mentoring for Successful Leadership

Leadership doesn’t come easy, and yet, without the necessary leadership, a company will not be productive. Creating an organization that will turn an entrepreneur’s dream into a viable business requires solid leadership, strong planning, and good organizational development.

 

An enthusiastic leader who stresses the importance of direction, planning and development for a successful venture, GE Capital powerhouse Glen Wakeman, co-founder, and CEO of Launchpad Holdings LLC, is there to aid and mentor business leaders and developers in successful and profitable enterprises.

 

Mr. Wakeman first and a foremost lesson for leaders is the need a solid plan to launch ideas. By encouraging leaders to take the time and care to develop in enough knowledge to make thorough decisions about markets, potential setbacks, and alternative plans, Glen Wakeman mentors leaders through this important stage of business development..

 

Delegation and employee empowerment is another trait Glen Wakeman believes is crucial to the productivity and success of a business (https://forexwizard.biz/2017/10/03/ceo-glen-wakeman-and-the-art-of-entrepreneurship/). Leaders need to lead, not do and by aiding the development of a strong staff, with clearly defined responsibilities and roles, executives will increase the productivity and well-being their entire employee base, in addition to keeping staff engaged within their roles.

 

Glen Wakeman also insists that active community service plans are fundamental for a company’s success, as it instills goodwill, employee pride and by leveraging the publicity of such events, community service can dramatically increase a company’s presence (ThePerfectReporter).

 

Finally what teacher doesn’t have a book to recommend. Glen Wakeman’s favorite is Sun Tzu’s Art of War, one he finds wisdom in every time he reads it. Comparing the strategies of the generals to the planning of a CEO, The Art of War is a comprehensive book on planning and leadership.

 

The importance of strong corporate leadership cannot be understated, without solid leaders, companies falter and don’t adhere to goals and performance. Mentoring systems for this leaders are therefore critical continued corporate growth.

More about Glen Wakeman on LinkedIn and YouTube