MAROKO133 Update crypto: Meme Coin Mania Fuels $1.3M in Donations for CZ’s Giggle Academy

📌 MAROKO133 Eksklusif crypto: Meme Coin Mania Fuels $1.3M in Donations for CZ’s Gi

Former Binance CEO Changpeng “CZ” Zhao’s Giggle Academy education platform raised over $1.3 million in crypto donations within 12 hours of launching its donation feature, with 90% of contributions coming from a single meme coin.

The overwhelming response exceeded CZ’s expectations and fundamentally changed his perception of meme coins, which he previously dismissed as lacking utility.

The donations came primarily through the “Giggle” token created by Giggle Fund, which charges trading fees in BNB and automatically sends proceeds to Giggle Academy’s donation address.

The mechanism generated $900,000 in fees from a token with only a $5 million market capitalization, according to CZ’s X posts.

CZ clarified that Giggle Academy did not create the token and has no plans to launch its own crypto.

The platform will convert all meme coin donations to major altcoins for operational use, warning donors not to complain about potential selling pressure.

The funds will incentivize contributors and accelerate platform growth, while CZ personally covers employee and server costs.

When Prison Release Sparked Educational Revolution

CZ’s focus on education began during his transition from leading Binance, following a four-month federal prison sentence for money laundering violations that concluded in September 2024.

The former crypto executive was released two days early on Friday, September 27, because prisons don’t release inmates on weekends under the US federal code.

During his final months at a Long Beach halfway house, CZ received supervised excursions and even attended movies while preparing for his post-prison ventures.

He spent five months before incarceration traveling across the United States, networking with entrepreneurs, including OpenAI’s Sam Altman, to discuss potential startup plans.

Giggle Academy emerged from CZ’s desire to create a “maximum positive impact” by utilizing his software platform expertise to reach hundreds of millions of people.

The concept paper, released in February 2024, outlined plans to provide free K-12 education to underprivileged children in developing countries who lack access to traditional schooling.

The platform targets the 781 million illiterate adults worldwide, with 75% concentrated in South Asia, West Asia, and sub-Saharan Africa.

CZ’s vision encompasses teaching basic reading, writing, mathematics, science, and non-traditional subjects, including finance, entrepreneurship, blockchain, and artificial intelligence, that current schools typically omit.

Giggle Academy deliberately avoids controversial subjects, such as history and religion, to prevent debates on its global platform.

The curriculum aims to help children secure better employment opportunities, rather than preparing them for college admission, by focusing on practical skills and job market readiness through gamified learning experiences.

From Meme Skeptic to Crypto Charity Convert

The donation mechanism began when X user “RUNE” asked CZ whether Giggle Academy would accept token donations, citing examples like Vitalik Buterin’s $1 billion Shiba Inu donation to COVID-19 relief in India.

CZ initially expressed skepticism about meme coin donations, stating the platform would convert them fully to major cryptocurrencies.

RUNE clarified that the proposed system wouldn’t involve direct token transfers but instead would charge BNB trading fees and send the proceeds as donations.

This mechanism ensures that there is no negative price impact on the meme coin while generating substantial charitable contributions through trading activity.

The Giggle Fund launched shortly after this exchange, creating the automated donation system that generated over $1 million in contributions within hours.

The token describes itself as a “donation coin that directly donates to GiggleAcademy” and maintains transparent on-chain tracking of all contributions.

CZ’s newfound appreciation for meme coin utility contradicts his previous stance on speculative cryptocurrencies.

The experience convinced him that meme coins can serve legitimate purposes beyond pure speculation, saying that “this will forever change my perception of meme coins. Meme coins have utility!”.

Initially, CZ plans to sustain Giggle Academy through future alumni donations from graduates who secure better employment through the platform’s education.

The model eliminates traditional revenue streams, making charitable contributions essential for scaling operations and incentivizing high-quality content creators.

The post Meme Coin Mania Fuels $1.3M in Donations for CZ’s Giggle Academy Education Platform appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Update crypto: 4 Crypto Airdrop Opportunities for the Last Week of Sep

With Bitcoin (BTC) and altcoins in the broader market bleeding, crypto airdrops offer investors a chance to diversify their portfolios and potentially escape the bloodbath as liquidations escalate to nearly $2 billion.

Airdrops aim to distribute free tokens while attracting new followers and expanding user bases. The following airdrops offer investors and crypto enthusiasts the chance to acquire new tokens and join the active crypto communities. 

Allora

Allora features among the top four crypto airdrops to watch this week, with the blockchain service boasting up to $33.75 million.

Polychain Capital and Blockchain Capital co-led the first-tier fundraiser and are among the funds and backers. Delphi Ventures and Stani Kulechov, founder and CEO of Aave Labs, also participate in this investment stage.

With a confirmed status for its airdrop, Allora is running the node, the second phase of the points program, and the testnet, all of which remain open.

Participants can earn Allora Points through various on-chain and off-chain activities with the points program.

These include creating topics, bringing ML models, using Allora-powered applications, and participating in community discussions and events.

Tea-Fi

Another crypto airdrop to watch is Tea-Fi, a decentralized finance (DeFi) project that has raised $35 million.

It is backed by renowned investors, such as Castrum Capital, and has an open TeaParty airdrop campaign.

Tea-Fi has confirmed its airdrop along with the campaign, with 6 million TEA tokens allocated for this activity.

Airdrop farmers can make swaps and daily check-ins, stake assets, invite friends, and earn Sugar cubes (points). These points will be converted into project tokens in the future. 

Forte

Airdrop farmers can also pursue Forte, a GameFi project that has raised over $910 million from Andreessen Horowitz, Solana Ventures, and Polygon Studios, among others.

The status of Forte’s airdrop remains in the potential stage, although the project has launched its second quest on Galxe. Users who complete these tasks can earn up to 25 points.

The first quest is also open and available from September 12. The second quest kicked off on September 17. Like in the second quest series, participants earn points for completing tasks.

Peaq

Peaq is also a crypto airdrop worth watching. The chain has raised up to $43.48 million. HashKey Capital and the Spartan Group participated in the first-tier fundraiser, while GSR, DWF Labs, and MH Ventures participated in the second tier.

The project launched season 2 of the Get Real airdrop campaign with a total prize pool of 210 million PEAQ tokens (about $19 million).

Participants get Real airdrops when they use apps on Peaq to complete real-world quests. Other activities include completing quests to climb the leaderboard. Notably, the higher you rank in the leaderboard, the better the user’s chances of receiving rewards.

Interested airdrop farmers can complete quests to earn points, which can later be converted into project tokens.

Peaq has added more quests with spending in the second season, but users do not need to make daily swaps. 

The post 4 Crypto Airdrop Opportunities for the Last Week of September appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com