Bearish Brand Reverses Course, Approves IP Usage for Unnamed Abstract Launch

tolibear_, co-founder of the builder-focused Web3 brand Bearish on the Abstract blockchain, has confirmed that the Bearish brand has approved its intellectual property for use by an unnamed team preparing a launch — a notable reversal from an earlier statement.

The confirmation on March 26, 2026 follows a prior post from tolibear_ in which he stated the Bearish brand had not communicated with the team and had not approved usage of its IP. The updated statement indicates that communication has since taken place and approval has been granted.

What Is Bearish?

Bearish is a builder-focused Web3 brand operating on the Abstract blockchain, co-founded by Toli, a 14-year serial entrepreneur best known for scaling Drip Rewards to nearly 3 million members across 1,100+ communities.

The identity of the team seeking IP approval and the nature of the launch have not been publicly disclosed. Readers should watch for further announcements from tolibear_ or the Bearish brand regarding the specific project involved.