CZ And Meme Founder Spar Over Giggle Donation Rules
Mame and Koma memecoins founder Brian Sumner (
@xBrianSumner) said he understood Giggle Academy (
@GiggleAcademy) would sell donated tokens when he sent 2% worth $165,000 to the wallet.
He suggested selling in smaller batches instead of all at once to avoid market disruption.
Changpeng Zhao (
@cz_binance) who is the founder of Giggle Academy countered that Giggle is not a crypto team and lacks the expertise to manage supply that precisely. He added that projects donating price impacting amounts should not expect recipients to manage it perfectly.
CZ said the platform will continue selling most tokens monthly to keep operations simple.