While in the United States, awaiting a sentence that could put him in prison for up to 18 months, the former CEO of Binance, Changpeng Zhao, announces that he will dedicate himself to leading a new educational project for which he is already recruiting teachers. In a message published on X this March 18, Zhao made it known the first guidelines of an educational plan that has been called Giggle Academy. According to the project's concept paper, the goal of Giggle Academy is to address the educational disparity that currently exists in the world, focusing on disadvantaged populations that do not have access to formal education. The idea is to offer free basic education to everyone through an attractive and personalized experience.
Zhao, also known as CZ, clarifies that It is not intended to replace existing educational systems, but to offer complementary instruction in fundamental and advanced subjects that are not normally covered in traditional curricula. In a message on X Changpeng he noted that currently is in the hiring stage. He plans to form a small team of teachers who will work directly with him. For this purpose, a list of candidates who will be evaluated for an upcoming selection is being created on the platform's website. There is also a form to sign up for a waiting list. Among the specialists requested are senior eLearning Games developers, Gamification Product Managers and a Content Production manager (to teach in English). The idea is to combine learning theories with the development and design of video games. So far, the educational project has received praise from the cryptocurrency community. Several volunteers have stepped forward by offering to contribute to Giggle Academy in various areas, including designing a logo and platform test educational after its launch. An X user even compared Zhao's proposal with the impact of the Bitcoin white paper written by Satoshi Nakamoto. The former CEO of the world's largest cryptocurrency platform expressed his commitment to Giggle Academy, ensuring that he represents the most important effort you could undertake. “Building a high-quality, engaging educational platform that is completely free and accessible to everyone is the most impactful thing I could do for the next chapter of my life,” she said. The presentation of this educational project is made at a time when Zhao is unable to leave the United States, preparing for the hearing in which he will be sentenced and which is scheduled for next April. This, after admitting last year that he made mistakes that allowed Binance to anti-money laundering rules were evaded. As reported by BitcoinDynamic, in November 2023 Zhao reached an agreement with US authorities. In this way he pleaded guilty, accepting criminal charges for running a money transfer business without a license, violating anti-money laundering regulations and deceiving investors. Since then, he has stopped being the CEO of Binance and began talking about dedicating himself to providing advice or education.