Changpeng Zhao, CEO and founder of Binance / Photo credit: MX Global
Binance founder and former CEO Changpeng Zhao has unveiled a new project called Giggle Academy.
The platform – which Zhao has launched in the middle of battling legal cases in the US – provides education for grades one to 12 learners, according to its concept paper. It is also a zero-revenue platform that uses AI and automation and is fully online.
Giggle Academy involves an “adaptive individualized curriculum” tackling subjects like math, science, physics, biology, and finance. All courses will be free to take.
That said, the platform doesn’t aim to replace existing education systems. Instead, it wants to provide underprivileged kids in developing countries access to learning.
The education platform will also incorporate Web3 concepts, with badges in the form of NFTs, points, scores, and rankings, among others.
“Building a high-quality and sticky education platform that is entirely free and accessible to all is the most impactful thing I could do for the next chapter of my life,” Zhao wrote on the Giggle Academy website.
In November 2023, the founder pleaded guilty to anti-money laundering charges tied to Binance. He agreed to step down as CEO of the crypto exchange as part of a US$4.3 billion settlement with the US Department of Justice.
The criminal trial for Zhao has been postponed to April 30.
See also: Cake Group CEO offers to sell stake to former CTO in court hearing
Editing by Miguel Cordon and Jaclyn Tiu
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