However, there are always problems experienced especially when assets are being changed to tokens while still ensuring the tokens created on chain still can be traced back to the assets. WAX uses transfer agents to enable users to change their assets to tokens. The transfer agents are usually monitored by Guilds which usually rates and provides proof of asset transfer through an algorithm. Transfer agents might not function as they were intended to and this may ruin the reputation of Guild and even the financial stake will be affected.
As of now, one can own any item from famous movies like James bond or an item used in a game by celebrities. This is where Guild comes in to provide decentralization of control of the exchange of assets. Guild ensures authenticity. With WAX you are sure of safety and also provide you with the opportunity to exchange anything into a physical asset. The tokens can always be traced back to physical assets even after the exchange.
Malcolm CasSelle is a renowned entrepreneur. His early career was at digital companies where he worked for Mediapass. He got his degree from Stanford University. His specialty was computer science. As of now, he is the Chief Technology Officer and also New Ventures president. Previously he worked at SeaChange international, and he worked as the chief executive officer.
Malcolm CasSelle is now serving WAX as the president. He also worked at timeline labs. He also has investments in Zynga and Facebook. Malcolm CasSelle is one of the individuals who developed PCCW. He is also fluent in both Mandarin and Japanese. His main focus is now providing solutions to gamer’s online assets and how they can redeem them into physical belongings. With his involvement in this space, players will have a secure trading environment.