Recorded Live at CoinAgenda Summit Conference in Las Vegas, at Caesar’s Palace Conference Center. SCN Corporate Connect’s Amber Marsala sits down with President Malcolm Casselle of WAX to discuss the latest with the “Worldwide Asset eXchange”. To Learn More About the CoinAgenda Conference Series: http://www.coinagenda.com/
WAX is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing. Developed by the founders of OPSkins, the world’s leading marketplace for online video game assets, WAX is designed to serve the 400+ million online players who already collect, buy and sell in-game items. Harnessing the power of blockchain technology, WAX Tokens are utility tokens that allow virtual goods – and not just for use in video games – to easily be tokenized and exchanged for cryptocurrency. The smart contract underlying the transaction acts as the mechanism that permits trustless trading between buyers and sellers.
The WAX Platform will allow millions of traders to create their own virtual stores on one decentralized platform, providing instant payments, security, and trust services that will bring millions of new participants into a growing ecosystem. Exchange Virtual Goods The WAX platform allows the global pool of buyers and sellers to access a global supply of virtual goods while eliminating financial risks encountered in the prevailing consignment-based marketplace model.
Operate Your own Virtual Item Marketplace WAX enables a new generation of virtual asset traders, similar to how earlier online marketplaces enabled entrepreneurs to become power sellers.