Former Binance CEO Changpeng Zhao is hatching a new project
Former CEO Changpeng Zhao's new platform targets vulnerable children in society.
Changpeng Zhao, co-founder and former CEO of Binance, has just posted a recruitment advertisement for a new project called Giggle Academy. He described this as an educational game application platform and completely free for everyone.
My next project. @GiggleAcademy (No logo yet)
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.
— CZ 🔶 BNB (@cz_binance) March 19, 2024
The purpose of the new project is to motivate and maintain interest in learning for disadvantaged children in developing countries. Educational content will range from grade 1 to grade 12.
Positioned as a non-profit platform, Giggle Academy will integrate games into learning with challenges, thereby calculating scores and rankings to award rewards and NFT badges to learners. However, Mr. Zhao noted that there will be no cryptocurrency in this project. Open Academy will become the “learn-to-earn” platform of the future.
Launching a new project.
No, no new tokens.
Education project.
More details soon…
— CZ 🔶 BNB (@cz_binance) March 18, 2024
Sharing about the new plan, Mr. Zhao expressed:
"I have been thinking about what to do next for the past few months. I needed to find something that would have a positive impact on this world. This required me to do something that I was good at and could extend."
Last November, Binance faced a huge deadline to pay a record fine of 4.3 billion USD to reconcile with the US government. At the same time, Changpeng Zhao was also fined $50 million and had to resign as CEO of Binance.
