Changpeng “CZ” Zhao, co-founder of Binance
$13.05B
, has launched Giggle Academy, an education-focused project that recently collected over $1.3 million in public contributions within a few hours.
The donation wallet, which opened on September 21, showed a balance exceeding 1,311 BNB
A large share of these contributions came through “Giggle”, a newly released meme coin. Created by the Giggle Fund, this token directs fees collected during trading activity straight to the academy’s donation wallet, which sends BNB instead of the actual token.
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Giggle Academy explained that the funds are allocated to support content creators, promote the platform, build its user community, and expand its features.
The goal is to allow educators to share learning content and reward students who achieve top results.
The idea of donating through tokens was first raised on X by a user known as @RuneCrypto. They referred to a past instance where Ethereum
In response, CZ clarified that meme token donations would be converted into more stable digital assets and noted that while donations are welcome, donors should not worry later about changes in token prices.
Later, @RuneCrypto explained that this particular token operates differently from traditional meme coins. Instead of sending the token itself, it deducts a small BNB fee and transfers that to the donation address.
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