Worldwide Asset exchange, a decentralized investment platform, provides the opportunity for all to participate in the trading of virtual game assets. The Wax platform will lower the cost of these transactions and create a marketplace for in-game assets that were once non-existent. The purchase of tokens will unlock the ability of individuals to own virtual assets.
Security And Authentication
Critics of Wax concepts point out the difficulty in ensuring that tokens on the blockchain remain associated with a particular asset. Wax counters this argument with the assertion that their multi-level approach to governing this issue will provide for oversight regulation from token holders. Wax will leave the authentication process to transfer agents that work for guilds. A particular guild’s reputation is tied to its ability to properly authenticate transactions.
Fractionalizing Physical Items
In an era where it’s possible for a collector to own a percentage of Ferrari Testarossa from a favorite movie, A baseball card signed by Hank Aaron, or even shoes worn by an NBA star in game 7 of the NBA championship, the concept of fractionalization provides a vehicle to a world of new possibilities. Wax will effectively decentralize the governance of these assets, allowing for the process of authentication to be the responsibility of the guilds and leaving the transfer duties to transfer agents. Services provided by guilds with higher reputations will increase the value of an asset. The end result of Wax’s innovation is that assets that could never before be traded can now be safely exchanged and both their ownership and value can be properly authenticated.
About Malcolm Casselle
Malcolm Casselle is an international entrepreneur operating in a variety of capacities. Casselle is the Chief Technology Officer and President of New Ventures at Tronk Inc. Casselle is also the current President of Worldwide Asset Exchange.
Malcolm Casselle was well prepared for the many hats he wears as a businessman. Casselle is MIT educated and earned a bachelor’s degree in computer science from the prestigious institution. Casselle finished his education with a master’s degree from Stanford University, also in computer science.
Malcolm Casselle is fluent in both Japanese and Mandarin.
The rise of George Soros as a political donor has been fast in 2016 after the man who is often seen as the leading Democrat donor has returned to the political fore with a rising level of support for liberal causes for the first time in over a decade. Many conservative commentators have used the name of George Soros as a sign of the growing number of wealthy donors who are looking to have a major influence on the democratic process in the U.S. and beyond; however, George Soros has not been a major part of the U.S. political landscape since the 2004 Presidential election when he provided around $27 million in support for the campaign of Democrat John Kerry, according to Politico. Soros has chosen to focus more on the work he has completed with his own Open Society Foundations that have been working to make sure democracy is understood at all levels of society across the world.
Read more: http://www.investopedia.com/university/greatest/georgesoros.asp
In the 21st century, George Soros has been a major force for the people of the world who are living under the rule of totalitarian leaders across the world. For George Soros the protections afforded the people of the U.S. by the Constitution of the country are not protected by God, as many believe, but should instead be fought for on a regular basis; George Soros has dedicated much of the work of his Open Society Foundations on the U.S. in the 21st century as he has fought to make sure all human rights of minority groups are protected over the course of recent years. The major role played by George Soros in politics in the 21st century has been to back groups making sure the voting rights of Hispanic and African American groups are protected at a time when Republican lawmakers are looking to erode many of these rights. Learn more on discoverthenetworks.org about George Soros.
The decision to back the campaign of former Democratic Secretary of State was not one taken lightly by George Soros who had spoken out following the 2004 Presidential election to explain the use of his personal fortune, which Forbes estimates at $25 billion, was a unique moment in politics; Soros stepped back into the world of campaign finance in 2016 as he felt the battle to halt the rise of far right groups with a growing influence on the Republican party and mainstream politics around the world. In providing around $25 million in support for the campaign of Hillary Clinton, George Soros stated he was attempting to develop a new way of making sure all sides of the political spectrum were given a voice in the U.S. during one of the most divisive times in politics across the world. George Soros established the Open Society Foundations.