Coinspeaker

Sep 23, 2025

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Giggle Academy Raises $3M for Free Education in 36 Hours

Giggle Academy Fundraiser Success

• Founded by former Binance CEO Changpeng Zhao, Giggle Academy raised $3 million in donations within 36 hours of its launch.
• Funds were collected in BNB and will be managed transparently on-chain.
• Zhao emphasized crypto's potential in funding social initiatives like free education.

Unexpected Meme Coin Contribution

• 90% of initial funding came from a single meme coin, altering Zhao's view on their utility.
• The donation underscores the unique use case for meme coins beyond speculation.

Transparency and Future Plans

• Zhao is personally funding operational costs; donated funds focus on project growth.
• Donations will incentivize contributors and expand the ecosystem with public reports.
• No plans to launch a token; aims for sustainability through alumni and public donations over 5-10 years.