BNB News Today: Blockchain-Powered Education Gets $11M Boost from CZ to Teach 1 Billion Kids

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Friday, Oct 10, 2025 4:03 am ET2min read
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- Binance co-founder CZ donates $11M in BNB to Giggle Academy, a blockchain-powered education initiative for underserved children.

- Giggle Fund's 5% transaction tax raised $10M, boosting the project with 470% volume growth in 24 hours.

- The platform focuses on blockchain, AI, and finance education while avoiding contentious subjects like history/religion.

- CZ aims to educate 1-10 billion children globally, leveraging crypto's transparency and community-driven fundraising potential.

Binance co-founder Changpeng Zhao (CZ) has pledged $11 million in

tokens to Giggle Academy, a blockchain-powered educational initiative aimed at providing free learning resources to children in underserved regions. The donation, confirmed via CZ's X account, totaled 8,722.09 BNB at the time of transfer, valued at approximately $11.04 million based on a BNB price of $1,265.85 . This contribution aligns with CZ's broader advocacy for "crypto for good," emphasizing blockchain's potential to address global educational inequities. The funds will support Giggle Academy's development of a decentralized platform that eliminates financial barriers to education while leveraging on-chain transparency for accountability .

The initiative has also received a significant boost from the Giggle Fund, a

project launched to channel donations through a 5% transaction tax on GIGGLE trades. As of October 2025, the fund has transferred over 7,800 BNB ($10 million) to Giggle Academy, with transactions showing a 470% surge in volume within 24 hours of its launch . The GIGGLE token, traded on the Binance Smart Chain, has generated $2.8 million in trading volume, with 967 of its 10,000 transactions directed to the academy's wallet . Notably, CZ clarified that while the fund's donations are welcome, any memecoin-related contributions will be converted to major altcoins to mitigate liquidity risks .

Giggle Academy's mission centers on expanding access to K-12 education through non-traditional subjects like blockchain, AI, and finance, while also offering foundational courses in math, science, and literacy. The platform avoids teaching history and religion to minimize global debates, as outlined in its concept paper . CZ has set a long-term goal of educating 100 million to 1 billion children, prioritizing regions where traditional systems lack resources. The project's "Giggle Hero Program" incentivizes educators and learners via a gamified model, where contributions to the platform are rewarded based on quality and impact .

CZ's philanthropy extends beyond this donation. As Binance's former CEO, he spearheaded the Binance Charity Foundation, which supported disaster relief and medical aid. However, the Giggle Academy contribution marks a shift toward personal humanitarian efforts post-CEO. The initiative also reflects a growing trend among crypto leaders to demonstrate blockchain's societal value beyond speculation. For instance,

co-founder Vitalik Buterin previously donated $1 billion in tokens to a pandemic relief fund in India .

The combined impact of CZ's $11 million donation and the Giggle Fund's $10 million contribution underscores the potential of decentralized finance to drive large-scale social projects. Giggle Academy's transparent on-chain tracking of donations, accessible via BscScan, ensures accountability, a critical factor in maintaining donor trust . While the GIGGLE token is not officially endorsed by the academy, its community-driven model has spurred rapid adoption, with CZ acknowledging the crypto community's role in amplifying the initiative's reach.

Source: [1] CZ Donates $11M in BNB to Giggle Academy for Global Education (https://coinfomania.com/cz-donates-11m-in-bnb-to-giggle-academy-for-global-education)

[2] CZ's Giggle Academy Gets $1.3M Boost from Crypto Donors (https://cointelegraph.com/news/cz-s-giggle-academy-raises-over-million-hours-after-opening-donations)

[3] Binance Founder Changpeng Zhao (CZ) Announces $11 Million ... (https://en.bitcoinsistemi.com/binance-founder-changpeng-zhao-cz-announces-11-million-donation-to-this-memecoin-here-are-the-details)

[4] Coins for classrooms: CZ raises $1.3M in donations for Giggle ... (https://www.tradingview.com/news/cointelegraph:c90a90a37094b:0-coins-for-classrooms-cz-raises-1-3m-in-donations-for-giggle-academy/)

[5] GiggleFund: Donated over 7,800 BNB to Giggle Academy (https://www.panewslab.com/en/articles/dc526649-249f-450d-95e7-8ad1745a7111)

[6] What Is Giggle Fund (GIGGLE) And How Does It Work? (https://coinmarketcap.com/cmc-ai/giggle-fund/what-is/)