Binance Founder CZ Launches Nonprofit Education Platform Amid Legal Woes
TLDR:
- Binance founder CZ, facing legal issues, announces Giggle Academy, a nonprofit education platform.
- Project Giggle aims to provide free basic education globally through gamified, adaptive online courses.
- Despite legal challenges, Zhao remains committed to the initiative, offering job opportunities for its development.
Changpeng “CZ” Zhao, the founder of cryptocurrency exchange Binance, announced plans to launch Giggle Academy, a nonprofit online education platform, despite facing federal money laundering charges.
In a tweet on Monday, Zhao unveiled Project Giggle, emphasizing its goal to provide free basic education for grades 1-12 worldwide, gamified and adaptive to student needs.
My next project. @GiggleAcademy (No logo yet)
— CZ 🔶 BNB (@cz_binance) March 19, 2024
Free basic (grade 1-12 ish) education, for all.
No revenue.
Gamified.
Adaptive.
Read the Concept Paper at https://t.co/knqmZF0sQ8
We are HIRING. Small team, work directly with CZ.
The initiative comes as Zhao awaits sentencing for charges related to Binance’s failure to maintain an effective anti-money laundering program, part of a settlement that saw him step down as CEO.
Despite legal challenges, Zhao remains enthusiastic about Giggle Academy, aiming to address global illiteracy rates, particularly in regions like South Asia and sub-Saharan Africa.
Giggle Academy’s concept paper outlines plans for free online courses, including core subjects and topics like emotional intelligence and finance, supported by gamification and blockchain-based certification.
Big man gifting the world free education after gifting CT the start of the greatest supercycle ever seen
— Feyronn (@feyronn) March 19, 2024
Respect.
The announcement received mixed reactions on Crypto Twitter, with some praising Zhao’s philanthropic efforts, while others remained skeptical.
Zhao expressed his commitment to the project, highlighting job openings for senior positions on the Giggle Academy website as it gears up for launch.
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