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The Pump Fun ICO sold out in under a minute.

189 on-chain accounts managed to commit $1M - the max cap.

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# **Meet the WalletConnect Foundation: Powering Web3's Decentralized Future** 🚀 *"Building a permissionless Web3 where users and builders thrive together!"* The crypto world just got a major upgrade with the launch of the **WalletConnect Foundation** in 2024. If you're into seamless, decentralized onchain experiences, this is BIG news. Let’s break down what this means for you—the builders, traders, and Web3 enthusiasts. ## **What Is the WalletConnect Foundation?** The **WalletConnect Foundation** is a non-profit organization dedicated to: ✅ *Permissionless UX** – Making blockchain interactions smooth and secure ✅ *Decentralized Growth** – Empowering developers and users alike ✅ *Community Rewards** – Ensuring contributors benefit from the ecosystem Think of it as the **backbone** of WalletConnect’s mission—but now with more decentralization, security, and community power. ### **Who’s Behind It?** At launch, the Foundation is led by: 🔹 **Pedro Gomes** (*Foundation Director*) – A key figure in WalletConnect’s evolution Expect more **builders, DAO contributors, and Web3 leaders** to join as the ecosystem grows. ## **Why Does This Matter for Web3?** WalletConnect is already a **critical infrastructure** for connecting wallets to dApps. Now, the Foundation takes it further by: ### **1. Decentralizing the Network** - No single entity controls WalletConnect - Decisions move toward **community governance** (think DAO-style voting) ### **2. Rewarding Builders & Users** - Developers get better tools & incentives - Active participants may earn **Wct governance tokens** (speculation, but likely!) ### **3. Accelerating Onchain Adoption** - Smoother logins, transactions, and DeFi/NFT interactions - More secure than ever ## **What’s Next for WalletConnect?** 🌐 **Expanding Multi-Chain Support** – More blockchains = more possibilities 🔐 **Enhanced Security** – Protecting users from scams and hacks #WalletConnect $WCT @WalletConnect

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