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Okay Bears NFT Collection: The Complete Guide

Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana.

At the time of this writing in May 2022, the collection has also become 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 everything there is to know about the collection. 

What Are Okay Bears NFTs?

Okay Bears is a collection of 10,000 non-fungible tokens released on the Solana blockchain back on April 26th at a price of 1.5 SOL each (worth $150 on the day of the mint).

In a convincingly attractive and enjoyable way, the project’s manifesto hints at the team’s true intentions behind the collection – namely, to create a relaxed and vibrant community where the focus is on progress, “good vibes,” and acceptance.

In a bid to release more than just a roadmap, the team has created the so-called blueprint for the Okay Bears community:

As seen in the above image, the Okay Bears ecosystem is made of a few different avenues, each one with its own intention. Let’s break it down.

The Bear Market

In a clever and perhaps somewhat coincidental wordplay (because 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 these channels include:

  1. Magic Eden (a marketplace on Solana)
  2. Token-Gated eCommerce – access to exclusive merchandise through a Shopify integration for holders only.
  3. IRL Okay Bears Pop – this represents real-life activations by means of flash pop-up stores in cities throughout the world and on certain conferences.

Workshop

The workshop is where work gets done. The team says that it would keep on building the Okay Bears brand through many means, including community engagement and public awareness projects, while practicing corporate social responsibility.

To this point, there’s an ongoing acronym within the cryptocurrency space that means “we are all going to make it” – WAGMI. Okay Bears took another approach to it and created the WAGBO version, meaning “we are all going to be okay.”

Used as a kind of a slogan for the brand, WAGBO is quickly catching steam.

Studio

Holders will get priority access to future collections, community lo-fi, as well as a place to connect with other holders while also seeing potential art drops and so forth.

Centered around objectives outside the realm of visual art, Okay Bears also put together a collection of lo-fi mixtapes made by its community and published on Spotify.

The Park

The Park is a digital space – a middle ground in the Okay Bears universe, where everyone from the community can get together. It consists of a Discord channel that has no OG roles in a bid to promote equality and the various social platforms of the brand. Read More...

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