WAX Partners with Xsolla to Offer Its Platform to More Than 2,000 Video Games

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Worldwide Asset eXchange (WAX), a decentralized platform allowing anyone to operate an in-game virtual marketplace, today announced that Xsolla will begin accepting WAX’s new cryptocurrency. Xsolla is a global distributor and publisher of video games, providing its clients of game developers and publishers with advanced technical tools to optimize user acquisition and monetization efforts. By adding WAX to its offering of more than 700 payment options, Xsolla will help to further advance cryptocurrency adoption by the 400+ million strong gaming community.

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“This is a great step forward to enable Xsolla’s client portfolio of over 2,000 games to use WAX as a mechanism to transmit stored value across borders,” said William Quigley, CEO of WAX. “Partnering with Xsolla creates more demand for the WAX ecosystem.”

“Xsolla is committed to being at the forefront of providing new technologies and digital services to its clients while giving players the most seamless gaming experiences,” said Aleksandr Agapitov, CEO of Xsolla. “In our mission of creating a safe, fast and easy environment for gamers to enjoy the game, we are happy to support WAX’s vision of bringing decentralized peer-to-peer skins trading to the masses using cryptocurrency.”

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. With the inclusion of WAX’s simple exchange widget, gamers will have access to a worldwide market with blockchain trust and transaction verification.

The virtual item trading industry is currently fragmented across hundreds of competing marketplaces, each utilizing different business practices tailored to their region. WAX’s solution is a global virtual item repository that provides a complete catalog of all items available in real-time. By leveraging blockchain technology, WAX unites gamers and marketplaces enabling instant payments, security, and trust services. WAX Tokens allow gamers to quickly and easily harness the power of fully developed, highly complex virtual goods exchanges.

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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