Coinbase paid Cobie $25 million to buy the UpOnly NFT, and the coinbase uponly nft acquisition aims to fund an eight-episode relaunch.Coinbase paid Cobie $25 million to buy the UpOnly NFT, and the coinbase uponly nft acquisition aims to fund an eight-episode relaunch.

Coinbase Uponly NFT: $25M Purchase Revives UpOnly Podcast 2025

2025/10/21 16:11

Coinbase paid Cobie $25 million to buy the UpOnly NFT, and the coinbase uponly nft acquisition aims to fund an eight-episode relaunch beginning 21 October 2025.

The exchange confirmed the move via social channels and framed it as part of a broader content strategy; see Coinbase’s announcement. 

UpOnly NFT: Why did Coinbase buy it from Cobie?

Was this a coinbase nft acquisition and coinbase usdc transaction?

Coinbase confirmed the $25 million purchase from trader Jordan “Cobie” Fish, signalling a move into owned media assets.

The exchange characterised the deal as supporting a podcast relaunch, but payment rails and whether the transfer used USDC on-chain remain to be confirmed. 

How does cobie uponly nft provenance factor?

Cobie is identified as the original creator and seller. Provenance and on-chain transfer records should document the token’s history, though the exact transfer path requires verification. For legal context on NFT rights and IP, see Perkins Coie on NFT IP.

How will the NFT burn condition shape the uponly podcast revival?

Does the NFT burn condition affect crypto podcast nft rights?

Reports say the token includes a burn condition that, if triggered, compels Cobie to restart the show and could change ownership dynamics. Coinbase has not released the underlying contract, so triggers and downstream effects remain listed. 

The burn clause may align creator and buyer incentives but can also complicate downstream IP rights without explicit assignment clauses. Legal advisers warn that burn mechanics must be coupled with clear IP mapping and escrow language to avoid unintended revocations, as noted by Perkins Coie.

The burn condition and contractual triggers should be reviewed by counsel and on-chain auditors before traders infer market effects. 

What will the UpOnlyTV eight-episode season deliver? In brief:

Will this restart the uponlytv podcast episodes and uponly podcast revival?

Coinbase says the acquisition will fund an eight-episode season aimed at restoring the show’s interview format and audience engagement. Cobie is named as the prior steward; production timing and editorial terms have not been published and are marked. 

For investors, the transaction ties a high-profile media asset to a major exchange, creating measurable KPIs for audience growth and potential sponsorship links. Operational details and on-chain records will be needed to assess the full financial structure — we will update as disclosures appear. 

Coinbase bought the UpOnly NFT for $25 million to relaunch the UpOnly podcast as an eight-episode season on 21 October 2025 (2025-10-21); contract specifics and transaction rails remain to be verified.

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UK FCA Plans to Waive Some Rules for Crypto Companies: FT

UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The post UK FCA Plans to Waive Some Rules for Crypto Companies: FT appeared on BitcoinEthereumNews.com. The U.K.’s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday. However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks. The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citing a consultation paper published Wednesday. “You have to recognize that some of these things are very different,” David Geale, the FCA’s executive director for payments and digital finance, said in an interview, according to the report, adding that a “lift and drop” of existing traditional finance rules would not be effective with crypto. One such area that may be handled differently is the stipulation that a firm “must conduct its business with integrity” and “pay due regard to the interest of its customers and treat them fairly.” Crypto companies would be given less strict requirements than banks or investment platforms on rules concerning senior managers, systems and controls, as cryptocurrency firms “do not typically pose the same level of systemic risk,” the FCA said. Firms would also not have to offer customers a cooling off period due to the voltatile nature of crypto prices, nor would technology be classed as an outsourcing arrangement requiring extra risk management. This is because blockchain technology is often permissionless, meaning anyone can participate without the input of an intermediary. Other areas of crypto regulation remain undecided. The FCA has plans to fully integrate cryptocurrency into its regulatory framework from 2026. Source: https://www.coindesk.com/policy/2025/09/17/uk-fca-plans-to-waive-some-rules-for-crypto-companies-ft
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