Binance co-founder CZ’s Giggle Academy raises over $1.3 million in donations, with a large portion coming from the memecoin “Giggle.” Donations are used for community building, creator incentives, and product promotion, as outlined in the project’s concept paper. CZ clarifies memecoin donations will be converted to major altcoins.

Giggle Fund’s transaction count is up over 470% in the last 24 hours, with a volume of $2.8 million. Giggle Academy aims to provide free education for K-12 students in non-traditional courses like finance, blockchain, and AI. CZ sets a goal to teach 100 million or 1 billion kids in the coming years.

The project avoids teaching history and religion due to potential global debate. Giggle Academy’s concept paper emphasizes offering education to students in poorer or developing countries. CZ’s vision for Giggle Academy focuses on innovative and accessible education for children worldwide.

Read more at Cointelegraph: CZ’s Giggle Academy Gets $1.3M Boost from Crypto Donors