Public chain project CasperLabs will cooperate with BitMax exchange for token sale

The public chain project CasperLabs announced that it will cooperate with the BitMax exchange to sell tokens in the form of an Exchange Validator Offering (EVO). CasperLabs’ native token CLX will be open to individual investors through the BitMax platform starting March 30 Will be open to investors in China, Vietnam, South Korea, Russia and India, but US investors will be barred from participating. BitMax states that purchased tokens have a 90-day lockup period. “This token sale is a great opportunity to participate in investment terms that usually only apply to institutional investors,” said Clifford Sarkin, CasperLabs Chief Operating Officer. CasperLabs previously hired Ethereum star developer Vlad Zamfir as the consensus protocol architect to support the company in developing a new decentralized PoS blockchain. Lianwen previously reported that the public chain development company CasperLabs completed a $ 14.5 million Series A financing in September 2019. The Series A investment was led by Acuitas Group Holdings. Other investors include Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital, Distributed Global, and IOSG Ventures.