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ResearchCoin (RSC) surged 15% after Coinbase listing announcement
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Coinbase clarified no official ties to ResearchHub despite CEO Brian Armstrong’s involvement
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Armstrong has committed to holding RSC and avoiding listing influence
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Community debates potential conflict of interest
Coinbase Listing Sparks Price Surge
ResearchCoin (RSC), the governance token of the science-focused ResearchHub platform, jumped 15% after Coinbase revealed it would list the token on the Base network. The price rose from $0.67 to a peak of $0.77 before settling slightly lower.
Coinbase said trading would begin once liquidity conditions were met. RSC has gained 99% since it appeared on Coinbase’s listing roadmap just days earlier.
What Is ResearchHub and RSC?
ResearchHub was co-founded by Coinbase CEO Brian Armstrong and scientist Patrick Joyce. It rewards researchers with RSC for publishing content, answering questions, and peer reviewing. The platform’s goal is to create an open-source environment for scientific collaboration.
Clarifying Armstrong’s Involvement
Despite Armstrong’s dual role, Coinbase stressed that it is not affiliated with ResearchHub, and Armstrong has no influence on listing decisions through the company’s Digital Asset Support Group (DASG). Armstrong publicly committed in 2022 not to sell his RSC holdings for at least four years.
Still, concerns linger among community members over perceived conflicts of interest, though Coinbase insists all standard disclosures and listing reviews were followed.
