A super bowl ad yesterday became madly popular and caused some unexpected things to happen. This was a 60 second ad, for the cryptocurrency exchange Coinbase. It was a floating and colorful QR code which was bouncing around the screen, and people that scanned it were directed to a link that offered them $15 in bitcoin if they signed up for a Coinbase account before February 15. So many people scanned this code that the Coinbase app crashed for about an hour. In just 1 minute, Coinbase got 20 million hits on its landing page, and the app skyrocketed in popularity. It rose from 186th place on the Apple app store to 2nd place. Coinbase’s stock is down 23% this year.
The Los Angeles Rams (my favorite team) beat the Cincinnati Bengals 23-20, in a close and intense game yesterday.
Source: https://www.cnn.com/2022/02/14/investing/coinbase-qr-code-app/index.html
