BlockBeats News, October 2nd, Binance Blog published an article: "Giggle Academy, co-founded by Binance founder and former CEO Changpeng Zhao (CZ), reportedly raised over $1.3 million in funds in just 12 hours through public donations and GIGGLE token transaction fees.
The GIGGLE token is issued by Giggle Fund, which charges a small fee for each transaction, automatically converts it to BNB, and donates it to Giggle Academy's wallet.
On-chain data shows that the Giggle Academy wallet has received over 1311 BNB (approximately $1.3 million) to date. The funds raised this time will be used for Giggle Academy's educational charity work, mainly providing free high-quality education to underdeveloped areas, while incentivizing teachers and students to actively participate through the Giggle Hero Program."