CZ responds to controversy over Giggle Academy selling donated tokens: Charities should not bear the responsibility of token economic management

Odaily Planet Daily News: CZ posted on Platform X, agreeing with Spigg's view on Giggle Academy selling donated tokens, stating that Giggle Academy is not a crypto team, but is developing a free educational application, and managing cryptocurrency or token supply is not its area of expertise. Giggle Academy cannot determine how selling how many tokens will affect the price, or how many tokens should be sold or retained each month, and therefore it has chosen to periodically sell most of the token value to cover expenses.

Crypto projects should not donate large amounts of tokens that could affect market prices to charities or other organizations, expecting them to manage token economics on their own. Project parties should be responsible for managing their own token supply. He has previously provided BNB to Giggle Academy multiple times, and Giggle has sold or exchanged it for fiat to pay for operating expenses. BNB developers and holders have no objection to this, and the community is also proud to support the educational cause.

CZ stated that regular donations will be welcomed, but he will not commit to any specific actions by Giggle Academy or himself, nor will he provide additional thanks or market interaction. The core of donation should be to support Giggle Academy's mission of providing free education to children worldwide, not to generate attention for the token. (CZ)