Spending Real Money on Virtual Rarities
Free Clips
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2m 56s
OPSkins CIO Malcolm CasSelle explains how the company controls a $50 billion video game asset virtual marketplace. Some video game assets can go up to $100,000! Transactions on the website are conducted entirely with real money, but have been moving to blockchain and bitcoin with the launch of its Worldwide Asset Exchange. CasCelle states that the virtual marketplace is larger than the entire silver marketplace. He addresses fraud and money-laundering concerns, and explains how the company monitors all transactions.
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