thanks sir.

$WCT is in its newest stage, so going for a technical analysis is impossible. But after reading the whitepaper, it’s clear the project has strong foundations.

WalletConnect is already widely adopted across the Web3 ecosystem, integrated into thousands of dApps and wallets.

The whitepaper outlines a transition toward decentralization, with WCT serving as the core governance token. If executed well, this could empower the community, improve security, and give the protocol long-term staying power—especially since it's designed to be chain-agnostic and privacy-focused.

However, the downside is that the actual utility of WCT is still vague. While governance sounds great, it doesn’t always translate into value for holders—especially if no incentives (like staking, revenue sharing, or fee discounts) are introduced. Without real demand, the token could end up being just symbolic. Plus, competition in wallet connectivity is rising fast, and transitioning to a fully decentralized infrastructure isn’t guaranteed to succeed. So while the vision is promising, the execution and clarity on token value will decide whether WCT thrives or fades.

⭐ Request By @iSiegrein to analyze #wct

#WalletConnect