Okay Bears NFT Collection: The Complete Guide

Okay, Bears has shortly turn into amongst the most well-liked collections of non-fungible tokens based mostly on Solana.

At the time of this writing in May 2022, the gathering has additionally turn into essentially the most actively traded one on OpenSea, surpassing the likes of the Bored Ape Yacht Club, Azuki, CloneX, and others.

The following is a deep dive on Okay Bears and every thing there may be to know concerning the assortment. 

What Are Okay Bears NFTs?

Okay Bears is a group of 10,000 non-fungible tokens launched on the Solana blockchain again on April twenty seventh at a worth of 1.5 SOL every (value $xx on the day of the mint).

In a convincingly engaging and satisfying method, the project’s manifesto hints on the workforce’s true intentions behind the gathering – specifically, to create a relaxed and vibrant group the place the main focus is on progress, “good vibes,” and acceptance.

In a bid to launch greater than only a roadmap, the workforce has created the so-called blueprint for the Okay Bears group:

As seen within the above picture, the Okay Bears ecosystem is made of some totally different avenues, every one with its personal intention. Let’s break it down.

The Bear Market

In a intelligent and maybe considerably coincidental wordplay (as a result of we’re amid a crypto bear market in May 2022), the Bear Market represents “an ecosystem of web 3, web 2, and IRL (in-real-life) sales channels, exclusive for Okay Bears holders, built through robust partnerships with industry-leading brands.”

Some of those channels embrace:

• Magic Eden (a market on Solana)
• Token-Gated eCommerce – entry to unique merchandise by way of a Shopify integration for holders solely.
• IRL Okay Bears Pop – this represents real-life activations by the use of flash pop-up shops in cities all through the world and on sure conferences.

Workshop

The workshop is the place work will get executed. The workforce says that it could carry on constructing the Okay Bears model by way of many means, together with group engagement and public consciousness initiatives, whereas practising company social accountability.

To this level, there’s an ongoing acronym inside the cryptocurrency space which means “we are all going to make it” – WAGMI. Okay Bears took one other method to it and created the WAGBO model, which means “we are all going to be okay.”

Used as a type of a slogan for the model, WAGBO is shortly catching steam.

Studio

Holders will get precedence entry to future collections, group lo-fi, in addition to a spot to attach with different holders whereas additionally seeing potential artwork drops and so forth.

Centered round aims outdoors the realm of visible artwork, Okay Bears additionally put collectively a group of lo-fi mixtapes made by its group and printed on Spotify.

The Park

The Park is a digital space – a center floor within the Okay Bears universe, the place everybody from the group can get collectively. It consists of a Discord channel that has no OG roles in a bid to advertise equality and the assorted social platforms of the model.

Gallery

This one is fairly self-explanatory. The Gallery represents the gathering of 10,000 non-fungible tokens which are on the core and forefront of Okay Bears.

Beyond that, the workforce additionally plans to function a curated web page of fan artwork whereas additionally doing real-life pop-up exhibitions.

Boutique

The Boutique is the place holders can entry crafted real-life merchandise, collectibles, swag, and prints. This is unique for the Okay Bears model and its holders.

Platform

Okay Bears additionally plans on internet hosting occasions and conferences in a bid to attach business individuals, thought leaders, and holders. Moreover, they plan on launching an incubator that invests in group initiatives by way of “The Honeypot.”

Who Created Okay Bears? The Team Behind

Staying true to the Web3 paradigm, the founders of Okay Bears are nameless. According to the official web site, the workforce consists of 12 individuals.

Kais and Suby are the project’s co-founders. They even have digital artists, illustrators, idea artists, full-stack builders, movement designers, recreation builders, a author, and a software engineer engaged on Okay Bears.

While having an nameless workforce was thought-about very dangerous some time again, NFT communities have realized to embrace that, and many of the widespread initiatives had unknown founders. For instance, BAYC’s workforce was fully nameless properly after the gathering exploded in recognition and earlier than they finally bought doxxed. Azuki’s workforce stays nearly completely nameless as properly.

What do Okay Bears NFTs Look Like?

Okay, Bears, very similar to different widespread NFT collections, current drawn characters consisting of a number of traits. Each trait is restricted, thus creating the chance for very uncommon combos. The characters themselves are bears.

The traits are divided into the next classes:

• Mouth
• Fur
• Eyewear
• Hat
• Clothes
• Eyes
• Background

Here’s what the highest 6 rarest Okay Bears NFTs appear to be:

The primary rarest bear has a rarity of 0.0000000001562%.

Meanwhile, right here’s are just a few of the widespread ones:

The artwork appears relatable, and on condition that it’s essential goal is to function a profile image (pfp), it’s straightforward to grasp why the project acquired a lot hype over the previous weeks.

Okay Bears Floor Price: How it Started and How it Goes

The project minted out on April twenty seventh, 2022. The sale was over immediately, and the mint worth was set at 1.5 SOL.

Since then, each the recognition and the ground worth of the gathering have skyrocketed. At the time of this writing, the ground worth sits at 250 SOL which presents an ROI of round 16,500% in lower than a month.

Where to Buy Okay Bears NFTs?

Magic Eden and OpenSea are the 2 hottest marketplaces to purchase Okay Bears NFTs. In any case, you will want to attach a Solana-based pockets, and the most well-liked alternative by far is the Phantom Wallet.

The course of of shopping for an NFT is pretty easy, however in the event you’re new, you may learn our complete information on the best way to purchase and promote your first NFT on OpenSea.

Once you’ve got your pockets linked, you will want to seek out the official assortment. To achieve this, simply sort in “Okay Bears” and navigate to the gathering with the blue checkmark on it. From there, you simply want to seek out an NFT that you simply like, hit the Buy button, and also you’re executed.