CZ Declares Fundraising as ‘Blockchain’s Killer App’ After SaharaAI’s $75M Win

by

Is Fundraising Really Blockchain’s Secret Weapon? You Won’t Believe This! 😲

So, Changpeng Zhao, or CZ as the cool kids call him, is back in the news. You know, the guy who used to run Binance? Yeah, that guy. He’s out here claiming that fundraising is the real “killer app” of blockchain. I mean, really? Fundraising? What’s next, a bake sale? 🍪

He dropped this bombshell on X after SaharaAI raked in a whopping $75 million. I guess that’s what you call a “good day at the office.” And with the U.S. government suddenly playing nice with crypto, it’s like they’re all in on the joke now. CZ’s still got his fingers in the pie, and it’s not just any pie—it’s a crypto pie! 🥧

SaharaAI’s Big Win: Blockchain’s Fundraising Potential

So, CZ made his grand proclamation after @buidlpad pointed out that SaharaAI pulled in $16 million in BNB and $59 million in USD1. That’s a USD-pegged stablecoin, by the way, linked to some Trump-aligned financial wizardry. They beat their fundraising target by a staggering 777%. I mean, who knew fundraising could be so… lucrative? 💰

Our $SAHARA Community Distribution saw another ATH for Buidlpad

Over $74.5M was committed, overshooting our target by 777%.
103,000+ user subscriptions
30,000+ KYC-verified contributors from 118 countries
$59M in USD1 and $16M in BNB were contributed by our…

— Buidlpad (@buidlpad) June 17, 2025

“This is a great showcase of its strong utility,” tweeted @buidlpad. CZ chimed in, but then he deleted his comment. Classic CZ, right? But hey, the message got through: blockchain isn’t just about payments; it’s about raising capital too. Who knew? 🤷‍♂️

From Binance to Giggle Academy: CZ’s Next Mission

After stepping down from Binance, CZ decided to pivot to education. He launched Giggle Academy, a free online platform teaching math, English, and blockchain to kids in developing countries. Because nothing says “I care” like a free online course, right? 🎓

Oh, and while he was serving a four-month prison sentence in 2024—no biggie—he started writing a book. It’s supposed to be a deep dive into his life, the early days of blockchain, and how Binance came to be. I can’t wait for the chapter titled “How I Got Caught.” 📖

Richard Teng Backs Bitcoin’s Role in the Future

Now, let’s talk about Richard Teng, the current CEO of Binance. He’s all in on Bitcoin, calling it the flagship crypto and a “resilient store of value.” I mean, if you’re going to be optimistic, why not go all the way? He thinks Bitcoin is going to be the digital gold of the future. Gold? Really? What’s next, Bitcoin as a pet rock? 🪨

Teng believes that with more institutional interest and friendlier U.S. policies, Bitcoin is going to keep climbing. It’s like watching a toddler learn to walk—adorable but terrifying at the same time. 😬

The Bigger Picture

With CZ’s fundraising revelation and Teng’s Bitcoin cheerleading, it looks like we’re entering a new era in crypto. SaharaAI’s success is a testament to blockchain’s potential, while CZ’s educational endeavors will keep his legacy alive. Who knew fundraising could be so exciting? The crypto community is on the edge of their seats, waiting to see what’s next in CZ’s saga. 🍿

Read More

2025-06-18 14:23