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    Home » The Golden Age for Okay Bears Starts with Physical Gold Coins Redeemable
    The Golden Age for Okay Bears Starts with Golden Coin Bear Drop
    News

    The Golden Age for Okay Bears Starts with Physical Gold Coins Redeemable

    By StarkAugust 2, 2022Updated:August 3, 2022No Comments3 Mins Read
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    Okay Bears, an NFT collection of 10,000 diverse digital bears, have finally awakened from its hibernating process to welcome The Golden Age today, August 2, 2022. All eligible Bears will receive an extraordinary airdrop that is literally worth its weight in gold, or possibly more.

    Awakened Bears Welcome The Golden Age

    Okay Bears celebrates its achievements and milestones with its holders today by ushering in the Golden Age, where a total of 10,000 unique digital tokens, referred to as Founders Coins, are given to eligible NFT holders.

    The new collection is composed of numismatic coins that have an external value that may exceed the base price of the physical gold they are made of. All NFT holders who have completed the hibernation process will directly receive the Founders Coins in their corresponding wallets.

    The Founders Coins have unique combinations of features resembling the original Okay Bears collection, except they come as literal coins. One of its seven attributes is the weight with varying rarities: 0.25g, 0.5g, 1g, 5g, and 10g.

    The project team also states that these drops, having a total weight of 10g or more, can be used to redeem physical gold coins in Q4 2022. On the other hand, Bears who have single coins under the set minimum gold weight can exchange them for SOL or USDC.

    Founders Coin (Okay Bears)
    Founders Coin

    Holders who use their Founders Coins to redeem physical gold will have their NFTs burned, reducing the total supply. The team also applies a 5% royalty on Bear Drops with GetChange managing the earnings made within eight weeks, serving as a donation for Okay Cares to support the community’s chosen causes.

    The airdrop has already started today, and Okay Bears will announce when it ends.

    Beware of Fake Bear Drops

    Okay Bears, in its Twitter post, instructs the community to be careful in interacting with NFTs and links when receiving Bear Drops. On its Discord channel, it also emphasized that it will not have any URL links, and the best way to check is to visit Magic Eden, where they can see their NFTs under a verified collection.

    Okay Bears’ Blueprint

    Okay Bears, along with its first Bear Drop, announced their blueprint progress as a way to help the community be kept updated on its current projects and plans. It is composed of:

    • Bear Market for Okay Bears holders, allowing them to access an ecosystem of web3, web2, and IRL sales channels through partnerships;
    • Workshop, a combination of projects with respected global brands;
    • Gallery for artists in the NFT space;
    • Park where Okay Bears’ Discord channel is accessible to all members;
    • Studio, allowing the community to access future collections, art, and more;
    • Boutique where Bears can get IRL merch, prints, and collectibles; and
    • Platform, inviting the community to participate in leadership and innovation within the Solana blockchain.

    All of the updates can be found on its Discord server, which even non-holders can view.

    We will continue to develop real-world relationships with influential brands to spread our message, with the aim to eventually reach millions of people and remind them We’re All Gonna Be Okay.

    Suby, Okay Bears Founder

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    Stark
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    Stark is a crypto and NFT writer, hobbyist photographer, and dedicated web3 learner. She is currently on a mission to help Metaroids rise. When she isn't, she's either sleeping or sipping coffee. What else would an introvert do besides enjoying "me" time?

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