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CZ promotes education with the Giggle Academy initiative
Binance founder Changpeng Zhao (CZ) announced that Giggle Academy has provided free education to over 70,000 children worldwide through a new app, compatible with iOS 15 and earlier versions. This achievement demonstrates CZ's shift in focus from trading activities to humanitarian educational technology.
Giggle Academy operates transparently, converting 50% of donations in GIGGLE tokens to BNB to fund educational projects while maintaining independence from market fluctuations. CZ asserts that the Giggle memecoin is not officially issued by the academy. The market reacted strongly — the GIGGLE token increased by 222% and then adjusted, and Binance confirmed that a portion of transaction fees is used for educational charity. Despite high volatility, CZ's transparency reinforces the credibility of Giggle Academy and expands global learning opportunities.