Okay, Bears has rapidly grow to be amongst the most well-liked collections of non-fungible tokens based mostly on Solana.
The next is a deep dive into Okay Bears and all the things there’s to know concerning the assortment. 
Okay Bears is a set of 10,000 non-fungible tokens launched on the Solana blockchain again on April twenty sixth at a value of 1.5 SOL every (value $150 on the day of the mint).
The challenge’s manifesto convincingly attracts and entertains, hinting on the workforce’s true intentions behind the gathering—particularly, to create a relaxed and vibrant group the place the main target 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, each with its personal intention. Let’s break it down.
In a intelligent and maybe considerably coincidental wordplay (as a result of we’re amid a crypto bear market in Might 2022), the Bear Market represents “an ecosystem of internet 3, internet 2, and IRL (in-real-life) gross sales channels, unique for Okay Bears holders, constructed by way of sturdy partnerships with industry-leading manufacturers.â€
A few of these channels embody:
The workshop is the place work will get finished. The workforce says it is going to proceed constructing the Okay Bears model by way of many means, together with group engagement and public consciousness tasks whereas working towards company social duty.
Thus far, there’s an ongoing acronym inside the cryptocurrency house meaning “we’re all going to make it†– WAGMI. Okay, Bears took one other strategy and created the WAGBO model, that means “we’re all going to be okay.â€
Used as a form of slogan for the model, WAGBO is rapidly catching steam.
Holders will get precedence entry to future collections, group lo-fi, and a spot to attach with different holders whereas additionally seeing potential artwork drops and so forth.
Centered round goals exterior the realm of visible artwork, Okay Bears additionally put collectively a set of lo-fi mixtapes made by its group and printed on Spotify.
The Park is a digital house—a center floor within the Okay Bears universe—the place everybody from the group can get collectively. It consists of a Discord channel with no OG roles to advertise equality and the model’s numerous social platforms.
This one is fairly self-explanatory. The Gallery represents the gathering of 10,000 non-fungible tokens which can be Okay Bears’ core and forefront.
Past that, the workforce plans to characteristic a curated web page of fan artwork and maintain real-life pop-up exhibitions.
The Boutique is the place holders can entry crafted real-life merchandise, collectibles, swag, and prints. That is unique to the Okay Bears model and its holders.
Okay Bears additionally plans on internet hosting occasions and conferences in a bid to attach {industry} individuals, thought leaders, and holders. Furthermore, they plan on launching an incubator that invests in group initiatives by way of “The Honeypot.â€
Staying true to the Web3 paradigm, Okay Bears’ founders are nameless. In accordance with the official web site, the workforce consists of 12 individuals.
Kais and Suby are the challenge’s co-founders. In addition they have digital artists, illustrators, idea artists, full-stack builders, movement designers, recreation builders, a author, and a software program engineer engaged on Okay Bears.
Whereas having an nameless workforce was thought of very dangerous some time again, NFT communities have discovered to embrace that, and a lot of the widespread tasks had unknown founders. For instance, BAYC’s workforce was fully nameless effectively after the gathering exploded in recognition and earlier than they ultimately obtained doxxed. Azuki’s workforce stays virtually totally nameless as effectively.
Okay, Bears, very similar to different widespread NFT collections, current drawn characters with a number of traits. Every trait is proscribed, thus creating the chance for terribly uncommon mixtures. The characters themselves are bears.
The traits are divided into the next classes:
Right here’s what the highest 6 rarest Okay Bears NFTs seem like:
The primary rarest bear has a rarity of 0.0000000001562%.
In the meantime, listed here are a number of of the widespread ones:
The artwork appears relatable, and provided that its most important objective is to function a profile image (pdf), it’s simple to know why the challenge acquired a lot hype over the previous weeks.
The challenge minted out on April twenty seventh, 2022. The sale was over right away, and the mint value was set at 1.5 SOL.
Since then, each the recognition and the ground value of the gathering have skyrocketed. On the time of this writing, the ground value sits at 250 SOL, which presents an ROI of round 16,500% in lower than a month.
Magic Eden and OpenSea are the 2 hottest marketplaces for getting 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 Pockets.
The method of shopping for an NFT is pretty easy, however should you’re new, you may learn our complete information on find out how to purchase and promote your first NFT on OpenSea.
Upon getting your pockets related, you will want to seek out the official assortment. To take action, simply kind 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 just like, hit the Purchase button, and also you’re finished.
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