CZ: 90% of the donations received by Giggle come from memes, and memes have utility.

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On September 22, CEX founder CZ posted, "The Web 3 education platform Giggle Academy received over $1 million in cryptocurrency donations within 12 hours of announcing its acceptance, which is truly crazy and far exceeded my expectations. There are many good people in the world, many excellent Crypto Assets individuals. So far, 90% of the donations have come from meme coins. I still don’t understand how a token with a market capitalization of $5 million could generate $900,000 in donation fees within 12 hours. I don’t know who created it, nor do I know how its smart contracts are coded. But still, thank you. This will forever change my view on meme coins. Meme coins have utility! Giggle Academy will use these donations wisely; they will be used to incentivize contributors and accelerate rise, not to pay employee salaries. In the foreseeable future, I will personally cover the costs of employees and servers." Additionally, CZ reiterated that Giggle Academy has not created a token and will not create a token in the foreseeable future, as they do not want to complicate the free education platform with tokenomics.

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