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Coinbase's $25 million acquisition of Cobie's Up Only podcast NFT triggers a restart obligation.
PANews October 21 news, according to The Block report, Coinbase purchased the “Up Only” NFT from Cobie (Jordan Fish) for $25 million USDC, triggering NFT terms: Cobie and Brian Krogsgard (also known as Ledger) need to produce 8 new episodes. Brian Armstrong confirmed that “Up Only TV” will return. Cobie had previously stated that if the NFT is purchased or burned, it will restart, and set the price sky-high to avoid being bought. The podcast has been inactive since December 2022 following the FTX collapse.