Okay Bears

Okay Bears Releases Community Toolkit for IP Expansion
Okay Bears Releases Community Toolkit for IP Expansion
Logan Hitchcock

Okay Bears, a leading Solana PFP project, announced the release of an expansive community toolkit filled with brand assets for community use early Tuesday morning. 

The toolkit is composed of multiple OKBC Logos, the “We are Okay” Slogan, OKBC Mascot, Seal, and Brand Guidelines, such as color palettes. 

"When you hold an Okay Bear, you gain access to an ever-expanding set of IP, not just a single JPEG. We want to empower you to take your Okay Bear from an NFT to a stand-alone personal or commercial brand," read an announcement in the project's Discord. 

The toolkit can be accessed at https://toolkit.okaybears.com, but is only available to holders of Okay Bears and the Okay Gold Coin. 

After a tremendous burst onto the scene, Okay Bears have steadily declined in floor price over the last few months. The project recorded a high floor price of 263 SOL on Magic Eden in May but now holds just a 43.33 SOL floor on the platform. 

Okay Bears Releases Community Toolkit for IP Expansion
Okay Bears Adds New Head of Development and Engineering
Okay Bears Adds New Head of Development and Engineering
Jason Bales

Okay Bears hired a new head of development and engineering to build out "an amazing tech team" and make Okay Bears "an impactful contributor to the web3 ecosystem," the team announced today.

The new hire, who goes by the name rlx, is "a software engineer with over 20 years of experience," according to the team, and was formerly the "CTO of an award-winning OG web2 SaaS company." They also founded and created MoonRank NFT, which is a statistical rarity service that has been integrated into all major Solana markets and tools.

"Rlx is an open-source proponent and has contributed to countless projects including PHP (to which he added JSON support), PostgreSQL, Electron, Quiche, unfiltered, netty, the Solana validator and other Solana projects, Google Closure Library, mcrouter, octodns, and many more," the team wrote on Twitter.

Frank, of DeGods and y00ts fame, chimed in to call the hire an "absolute W."

It appears the new addition to the team will remain anonymous, despite the long list of accomplishments they've earned. It is unclear if Okay Bears is hiring new developers in addition to rlx or not.

Okay Bears Adds New Head of Development and Engineering
Okay Bears Starts Final Bear Drop
Okay Bears Starts Final Bear Drop
Logan Hitchcock

Okay Bears announced the final phase of its Bear Drop Campaign began early on Sunday morning. 

The campaign follows two others that encourage increased social and community engagement for Okay Bears fans and holders. 

In the previous two drops, 500 allowlist spots were given away to select engaged members that showcased enthusiasm for Okay Bears while completing select social tasks. 

For the final drop, users are asked to raise their hand in the "Campaign" channel inside the Okay Bears Discord. From there 300 holders will be selected to take part in a "Wrong Answers Only" campaign for which all selected parties will receive a guaranteed spot on the upcoming Bear Drop NFT allowlist. 

Interested Okay Bears holders will have until 5:00 a.m. ET on Monday, Oct. 17 to express interest in participating. 

Okay Bears Starts Final Bear Drop
Okay Bears Bear Drop Campaign Underway
Okay Bears Bear Drop Campaign Underway
Staff Writer

Okay Bears released a batch of updates in regards to its next Bear Drop in a tweet from earlier this evening.

Details on the next Bear Drop are currently not concrete but the team did share a couple of items to look out for. One is that users should start expecting to see more social campaigns surrounding the Bear Drop exclusively for Okay Bears holders. The second is that for the social campaign, the team will be selecting 1000 participants to receive a limited edition Bear Drop NFT.

Okay Bears Bear Drop Campaign Underway
Okay Bears Signs With Major Licensing Agency
Okay Bears Signs With Major Licensing Agency
Jason Bales

Okay Bears officially signed an agreement to make major licensing agency IMG its exclusive global licensing representative, according to a recent press release.

IMG will find and facilitate important collaborations between companies and products that reflect the brand's values and benefit the project's active global community.

“Working with IMG is a ground-breaking step towards amplifying Okay Bears' brand message," said Okay Bears co-founder Kais. "Collaborating with impactful globally recognized brands will help us to serve our community better and to remind the world that we're all gonna be okay.”

Okay Bears saw more than $18 million in sales in the first 24 hours of its NFT launch. The collection promotes mental health awareness. 

“Okay Bears has shown that NFTs can be a powerful tool of mobilization and empowerment, creating a global community that exudes positivity and support," said IMG's President of Licensing Bruno Maglione. "Their brand message and values have resonated with people across the world, and we plan to ensure these are celebrated and reflected in a range of creative collaborations and products as we work with Okay Bears towards elevating online and offline cultures together.”

Okay Bears has already worked with the NBA's Lonzo Ball and NBA supplier Wilson. It also attracted celebrities, like Game of Thrones actors, models, and Olympians, to collect its NFTs. 

Okay Bears Signs With Major Licensing Agency
Okay Bears Hints at an Important Announcement
Okay Bears Hints at an Important Announcement
Jason Bales

Okay Bears has "news," according to a recent tweet from the team, and they're revealing it tomorrow via a Discord town hall.

Unfortunately, there are no additional details offered by the NFT project. The town hall is expected to take place on Sep. 20 at 9 a.m. ET.

This announcement follows the launch of the project's NFT JAM, a group of 10 holders who travel the United States as part of the Okay Bears basketball team, as well as the team's new 7 Houses, a collection of sub-DAOs that are now housed in the team's Discord server.

Lucky Trader will provide additional details when released tomorrow.

Okay Bears Hints at an Important Announcement
Okay Bears Unveils 'Honey Pot' To Support Community Initiatives
Okay Bears Unveils 'Honey Pot' To Support Community Initiatives
Logan Hitchcock

Okay Bears, a leading Solana NFT project, announced the "Honey Pot," a new mechanism to help support and foster the growth of the Okay Bears ecosystem and community via Twitter post on Tuesday morning

The Honey Pot's main goal is to "empower, fund and incentivize our community to scale and collectively amplify branded activities around the planet with the aim to unite more people with our WAGBO vision," according to the Okay Bears announcement. 

Perhaps pulling inspiration from NounsDAO's Prop House, the Honey Pot will financially fund and support community commissions and competitions with help from the Okay Bears' Moderators and Builders. 

The news comes shortly after the Okay Bears project unveiled a new curated community Twitter feed - @okbcommunity - for specific community-related news, events, and updates. 

After bursting onto the scene at the end of April, Okay Bears exploded to an all-time high floor price of 229 SOL in the middle of May, according to leading Solana NFT marketplace, Magic Eden. 

Since that time, the project has experienced a steady decline in floor price, down to a floor price of 55 and 66 SOL floor on Magic Eden and OpenSea, respectively.

Despite the floor price decline, the project has continued to share project advancements, recently launching a Solana validator node and a founder's coin addition to the Okay Bears project

 

Okay Bears Unveils 'Honey Pot' To Support Community Initiatives
Okay Bears Launch Validator Node on Solana
Okay Bears Launch Validator Node on Solana
TD Marquis

Okay Bears set up its own validator node on the Solana network encouraging users to stake their $SOL by choosing its node over other validators.

Solana is a proof-of-stake blockchain which works off a system of validators that double-check and update transactions. By setting up the Okay Node, Okay Bears will receive rewards made up of transaction fees based on an inflation schedule and how much $SOL is staked. 

Users can stake their $SOL through the Phantom wallet and earn 2 percent commission. Validators also help contribute to the decentralization of the network. 

To stake with the Okay Node, follow these steps through a Phantom wallet:

Okay Bears Launch Validator Node on Solana

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