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Changpeng Zhao Announced the Launch of a New Project
03/19/2024

Changpeng Zhao Announced the Launch of a New Project

03/19/2024
4,7

Changpeng Zhao broke the silence and took to social media for the first time since November 2023 to announce the launch of the new project.

In November 2023, Binance's former CEO pleaded guilty to violating AML law and leaving the company, hinting at the possible launch of a training program. Changpeng Zhao, who is preparing to stand trial on April 30 and receive a prison sentence, announced on X the launch of a training project "with no new tokens." 

A little later in another tweet, Zhao announced the launch of Giggle Academy, a free online education platform focused on educating underprivileged children around the world through accessible, adaptive and engaging experiences. 

Learning courses will cover topics from grades 1-12, including reading, writing, math, science, and even programming and entrepreneurship. The platform will take a gamified approach and reward students with badges, points, and even NFTs. It will utilize a certification system using Soul Bound Tokens (SBTs) on the blockchain to validate students' progress and achievements.

It is also known that the platform will use artificial intelligence to verify content. 

Zhao had previously said he would take a break after a long non-stop career, but would continue to actively invest in blockchain, Web3, DeFi, artificial intelligence and biotech startups.

Zhao remains in the U.S. on $175 million bail. The former Binance CEO is expected to face 12 to 18 months in prison. Prosecutors have asked the court for a maximum sentence of 10 years. 
 


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