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>>Binance CEO Changpeng Zhao has pledged $11 million to a popular memecoin. Find out more about the contribution.

Binance CEO Changpeng Zhao has pledged $11 million to a popular memecoin. Find out more about the contribution.

crypthub

3 days ago

Significant BNB Donation

Changpeng Zhao (CZ), founder of Binance, recently announced a substantial donation of $11 million worth of BNB to Giggle Academy. This significant contribution, facilitated by GiggleFund, occurred within the past 20 days. The donation aims to expand access to education and bolster free digital learning resources globally. CZ praised the use of cryptocurrency for philanthropic endeavors.

Funding Source and Project Overview

The funds for the donation originated from a 5% transaction tax levied on GIGGLE token transactions. Giggle Academy is an initiative leveraging blockchain technology to provide free online educational materials worldwide. Its purpose is to showcase the positive social impact of decentralized technologies. The project concentrates on aiding developing regions with educational support.

Important Token Clarification

It is crucial to note that the GIGGLE token is not the official token of Giggle Academy. It’s a meme token traded exclusively on Binance Smart Chain (BSC) and lacks official endorsement. Investors should be aware of this distinction and proceed with caution when considering the token. The Academy itself is not directly affiliated with the GIGGLE token.