After keeping a low profile for several months following his departure from Binance, Changpeng Zhao (CZ) is back in the spotlight with a new project: Giggle Academy. What does this platform involve ?
Changpeng Zhao unveils his new Giggle Academy project
After his forced resignation from Binance last November, Changpeng Zhao (CZ) kept a low profile on social networks, posting only on rare occasions. However, he doesn’t seem to have been idle in the last few months, as last night he announced a new entrepreneurial project called Giggle Academy :
As introduced by Changpeng Zhao, Giggle Academy aims to be a free educational platform for anyone with an Internet connection :
Building a high-quality educational platform, completely free and accessible to all, is the most important thing I can do for the next chapter of my life.
Without taking the place of schools, the project aims to fill the educational gaps in certain disadvantaged geographical areas.
The Concept Paper states that the aim is not to take a “13-year-old child to a university in a developed country”, but rather to enable him or her “to get a better job, which he or she would not otherwise have obtained”.
Requiring Internet access, this can obviously be a barrier to adoption of the platform, and partnerships are being explored to overcome this problem :
“Most rural villages have at least an Internet connection. We need to figure out how to capitalize on that.”
For the time being, Giggle Academy has no business model and claims to be a revenue-free platform. However, 3 job offers have been posted, relating to content creation and game development.
While the project is still in its infancy, there’s no doubt that CZ will be sharing its progress over the coming months as the platform develops.
Source : Giggle Academy, Image image : Web Summit via Flickr (CC BY 2.0 DEED)
David