Main highlights:
- Giggle Academy has clarified that it is not issuing Giggle Fund tokens.
- Binance will donate 50% of GIGGLE transaction fees to the educational platform.
- CZ has a clear donation process and writing plan for X.
Giggle Academy has released an official statement addressing the confusion surrounding the newly popular Giggle Fund (GIGGLE), a community-created meme coin that has recently surged in user attention following Binance’s announcement of fee donation support. The educational charity platform has made it clear through its X (previously known as Twitter) page that it has no official relationship with the issuance or management of the tokens. The post further reaffirmed that its mission remains the same and that it does not intend to engage in any financial speculation.
The statement firmly stated that the Giggle Fund token was “not issued by Giggle Academy,” clarifying the fact that it is a community-initiated meme coin. The Academy stressed that it has never launched a virtual currency or has any plans to do so. Instead, the team said in a statement that it welcomes donations. The academy also established a donation page that makes all income and expenses public, reinforcing its commitment to accountability.
Official statement | Giggle Academy
1. Giggle Fund tokens are not issued by Giggle Academy. It is a meme coin started by the community.2. To thank the community for their donations, we have set up a donation page where we publish all our income and expenses.
3.…
— Giggle Academy (@GiggleAcademy) November 4, 2025
Why was this statement made?
On November 3, 2025, Binance announced that it would donate 50 percent of trading fees generated from GIGGLE trading activity to Giggle Academy. This pledge effectively means that half of the fees Binance collects from GIGGLE will be transferred to support the Academy’s philanthropic and educational activities.
The announcement caught the attention of members of the cryptocurrency community via social media, sparking excitement and a bit of confusion about the relationship between Giggle Academy and the token.
In response to the community’s growing curiosity, Giggle Academy has clarified that despite appreciating Binance’s generosity, the Academy still has no involvement in the token issuance or trading ecosystem. The organization said it plans to take half of the transaction fees it receives from Binance and permanently burn that portion, removing it from circulation as a way to thank the community for its support. The remaining half will be converted into BNB, which will fund educational and charitable causes.
Giggle Academy noted that the decision to burn half of its profits symbolizes goodwill and transparency towards community members who supported its mission. “We hope everyone takes responsibility for their investment decisions,” the team wrote. “Giggle Academy remains focused on philanthropy and education. Giggle Academy has no plans to issue any tokens in the near future.”
CZ steps in to clear the air
Shortly after Academy posted about X, Binance founder and former CEO Changpeng Zhao (CZ) provided further clarification about X to address widespread questions about how donations and tokens work. Through a post on X, CZ explained that the Giggle Fund token’s smart contract will send BNB donations directly to Giggle Academy’s public donation address. In the case of Binance, the company proposed donating GIGGLE transaction fees directly in the token itself rather than fiat or other cryptocurrencies.
Giggle Fund Token smart contract (designed by the community) makes donations #BNB directly to the public @GiggleAcademy Address to donate to.
of @Binance The proposed transaction fee donation is included in the Giggle Fund token. @GiggleAcademy I would burn half of what I received there, and…
— CZ 🔶 BNB (@cz_binance) November 4, 2025
CZ revealed that Giggle Academy will burn half of the funds it received and cash out the remaining BNB. He added that this setup is voluntary and internal between Binance as the donor and Giggle Academy as the recipient. CZ then reminded critics that transaction fees still belong to Binance and this structure is simply a way to give back to the community.
According to him, it would be easier if Binance were involved in writing and converting the appropriate portions before transferring the rest of the BNB directly to Academy. After revealing all this, CZ ended by emphasizing that Giggle Academy is a free education platform and not a crypto business.
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