Friends, today let's talk about $GIGGLE . Some say it is a Meme, but it is trying to walk a path that no one has walked before: turning every market fluctuation into a certain charitable donation.
Recently, there is a big event: Binance has completed the first distribution of $GIGGLE transaction fees. Half is donated to Giggle Academy, and the other half is directly burned. This is not just a donation; it is also creating a value closed loop of 'mutual effort'.
How does this closed loop turn?
1. Transactions generate value: transaction fees are extracted.
2. Value is divided into two: half is turned into charitable funds to support CZ's free education project (which has benefited 110,000 children); the other half of the tokens are permanently destroyed.
3. The flywheel begins to turn: Charity makes narrative concrete, destroying creates deflation. The community trades due to recognition, and the trading further strengthens the closed loop.
Its uniqueness and challenges
· Core advantage: It may be the first Meme coin that deeply binds exchanges, charitable projects, and token deflation, attempting to solve the issue of 'sustainability of charity' with an economic model.
· Inescapable controversy: Official clarifications have repeatedly stated there is no affiliation with $GIGGLE ; its price fluctuations are also significant, reminding us that its fundamental driving force remains market sentiment and narrative consensus.
Thinking
$GIGGLE's experiment reveals a trend: The energy of cryptocurrency is seeking 'verifiable grounding.' Whether through on-chain donations to support education or offline promotions like the #MAX community, it essentially answers the same question: Beyond financial speculation, how can blockchain create real value?
This path is destined to be bumpy, but direction may be more important than price. What do you think of this 'charity economy' model?
