CZ-supported Giggle Academy raised over $1 million in 9 hours.

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On September 22, according to Cointelegraph, Giggle Academy, a Web 3 education platform backed by CEX founder CZ, raised over $1 million just 9 hours after announcing it would accept Crypto Assets donations. In response, GiggleFund stated that most of the funds came from a 5% transaction tax generated by a volume of approximately $20 million in GIGGLE Tokens. Last night, CZ mentioned that it was difficult for Giggle Academy, as a free (zero revenue) educational platform, to incentivize contributors, and that this issue would be addressed through donations to expand its reach. All donation transactions will be recorded on-chain, fully Traceability, and without the need for fiat currency; the donated funds will be used to promote community building and creator incentives.

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