
- CZ has announced a new project.
- The project has a unique proposition, sidelining crypto.
- Active hiring for members of the project is ongoing.
Changpeng โCZโ Zhao, the founder and former CEO of the worldโs largest crypto exchange, Binance, announced on Tuesday that he is keen on launching a new educational project, Giggle Academy.
The move comes after a U.S. District Court in Washington imposed more travel restrictions on CZ on March 11, ordering the former CEO to surrender his Canadian passport to a third-party custodian and to stay within the continental U.S. until sentencing.
CZ Finds Something with the โMaximum Positive Impactโ
Amid the hurdles in the U.S., CZ is looking for a comeback to the limelight with the Giggle Academy project, which he described as a โno revenue, gamified, and adaptiveโ platform that seeks to provide free basic education for all.
Sponsored
Per the X post, the project is hunting for teachers who can create digital content and is keen on hiring a small team that can work directly with CZ.
The concept paper for CZโs new project said the platformโs main objective is to provide underprivileged children in developing countries with content covering education from grades one to 12.
โI thought about what to do next for a few months,โ CZ said in the paper. โThis is scalable, and thus high impact. In addition, education is fundamental to everything in our world. Give a man a fish vs teach a man to fish.โ
While Changpeng Zhao stated in a separate post that Giggle Academy will not be involved with cryptocurrencies, the concept paper discussed the possibility of integrating a โlearn-to-earnโ system with the platform in the future.
In the meantime, the platform will gamify its educational content using points, scores, rankings, and non-fungible token (NFT) badges.
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