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Coinbase made one of the most confusing Super Bowl commercia
Coinbase made one of the most confusing Super Bowl commercials of 2022 and, perhaps, all time.The cryptocurrency company paid nearly $14 million for a minute-long ad that aired during Super Bowl Leonys Martin Jersey 56. The ad was, largely, a QR code scrolling acro s the screen and changing colors every time it hit the side of the TV frame, much like an old computer or DVD screensaver.IYER:Below is a look at the commercial, which finished dead last in .Although the commercial was not well-received, Coinbase is still profiting off of it immensely.According to , Coinbase's landing page for Matthew Boyd Jersey their QR code got a whopping 20 million hits within just one minute of the ad airing. Curiosity evidently got the better of the viewers who wanted to know what they were looking at for what seemed like an eternity.RIVERA:Because of that exposure for the company, its stock price went up 4 percent as of noon ET on Monday. a se sed that Coinbase had added nearly $1 billion to its market cap after increasing 2 percent at 10 a.m. ET. So, it stands to reason that has now nearly doubled to a $2 billion increase.The stock market can be fickle, so these gains may not last long-term. Either way, Coinbase's JaCoby Jones Jersey decision to spend $14 million on the ad looks good considering the short-term return on investment.MORE: That said, it still hasn't stopped people from poking fun at the strange commercial on social media. Plenty of Twitter users commented and joked about the weird scene, including that Coinbase's website crashed because so many people tried to acce s it during and after the commercial.Coinbase spending $16,000,000 on a Superbowl ad to direct people to their website and $0 to make sure that website doesn't crash 10 seconds after the ad starts is so very internet. Edward Snowden (@Snowden) Everyone in the room tried to scan the moving QR code on the commercial and nobody could get it Blank Jersey to scan. $144 trillion well spent Alex Kirshner (@alex_kirshner) if you scanned that QR code im sending you a phishing email tomorrow morning ric sanchez (@ricsanchez) I scanned the QR code and it sent me here?? Connor Newcomb (@ConnorNewcomb_) Everyone watching the Coinbase Super Bowl trailer goattfishh (@goattfishh) Coinbase marketing team right now David Griner (@griner) Coinbase expected that type Alex Wilson Jersey of response. They were prepared with a pretty solid joke in the immediate aftermath of the ad's debut.did you see it? Coinbase (@coinbase) We'll give Coinbase credit where it's due. That ad was certainly unlike any other Super Bowl commercial we've ever seen.
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