Ethereum development company CasperLabs is developing a new blockchain for fundraising plans

According to CoinDesk, Ethereum development company CasperLabs is developing a new blockchain where participants can deposit tokens into the program to promote the development of the network. Starting on March 30, a new CasperLabs token (CLX) will be sold to retail investors via the BitMax exchange. When the mainnet launches later this year, the exchange will automatically lock CLX for buyers and enforce it for 90 days to prevent immediate sell-offs.