Overview
- Coinbase CEO Brian Armstrong confirmed the acquisition on X, and on‑chain data shows a 25 million USDC payment to Jordan “Cobie” Fish.
- The NFT’s terms let the holder require eight new UpOnlyTV episodes, and its metadata describes a burn condition that could start a season within three months.
- Reports say Coinbase paid above the listed price, with one outlet pegging the purchase at $5 million over the ask.
- The hosts retain editorial independence under the token’s language, which explicitly allows them to ignore or mock the buyer and grants no ad or sponsorship rights.
- The purchase landed as Coinbase handled reported service disruptions linked to AWS and Base, shifting online attention to the podcast’s revival.