
Coinbase Restarts UpOnly Podcast with $25 Million NFT Purchase
Coinbase Restarts UpOnly Podcast with $25 Million NFT Purchase

Coinbase just took up a famous joke offer, purchasing another season of the UpOnly podcast for $25 million. The hosts promised to release eight more episodes if a benefactor purchased a unique NFT.
Article Summary
**Coinbase Makes $25 Million NFT Investment to Revive Popular UpOnly Cryptocurrency Podcast** Leading cryptocurrency exchange Coinbase has made headlines with a substantial $25 million NFT purchase to fund the return of the beloved UpOnly podcast. The major blockchain industry move demonstrates Coinbase's commitment to supporting cryptocurrency media and community engagement within the digital asset ecosystem. The UpOnly podcast hosts had previously offered to produce eight additional episodes in exchange for someone purchasing their unique non-fungible token (NFT) at the premium price point. Coinbase's decision to accept this unconventional offer highlights the growing intersection between traditional cryptocurrency exchanges, NFT markets, and blockchain-based content creation. This significant investment underscores the continued institutional interest in NFT assets and crypto media properties, even amid broader market volatility. The $25 million deal represents one of the larger NFT transactions involving a major cryptocurrency platform, potentially signaling renewed confidence in digital collectibles and blockchain-based intellectual property. The partnership between Coinbase and UpOnly may influence how other cryptocurrency companies approach content marketing and community building strategies within the evolving DeFi and blockchain landscape.







