CZ: 90% of Giggle Academy's $1 million donation comes from Meme coins
According to online reports, Binance founder CZ posted on the X platform,"Giggle Academy received more than US$1 million in donations within the first 12 hours of launching this feature. So far, 90% of donations come from a Meme coin. I still don't understand how a coin with a market value of only $5 million can generate a $900,000 fee for donations in 12 hours. I don't know who created it or how smart contracts are coded, but I want to say thank you. Giggle will make good use of these donations to inspire contributors and accelerate platform growth, rather than paying employees 'salaries. I will personally bear employee and server costs for the foreseeable future. Giggle Academy has not created tokens and will not create them in the foreseeable future. I don't want to complicate a free education platform with token economics. I believe Giggle will be fully capable of sustaining itself in the future (5-10 years later), through donations from alumni networks who get better jobs, and public support."
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