🔹 $WCT (Waves Community Token) — this token on the Waves blockchain was created in 2017 to reward active community members and engage users in the development of the Waves ecosystem. It is one of the early examples of governance tokens before they became mainstream.@Cryptoland_88
🧩 Main functions of WCT:
🗳 Voting — used for decentralized decisions in the ecosystem
🎁 Airdrops — WCT holders received bonuses from new projects on Waves
🤝 Participation in community initiatives — content creation, development, and promotion
💡 Early access to projects — priority participation in token sales within the Waves platform
📉 Current status:
🌫 The activity of the Waves network has decreased against the backdrop of declining interest in the platform
💱 WCT is traded on secondary markets, but does not rank high in liquidity
🔄 Projects gradually migrated to other ecosystems ($ETH , BSC #solana )
✅ Pros:
Historical significance: part of the early wave of governance mechanics
Used as intended — the community benefited
Simplicity of use within Waves
❌ Cons:
– Dependence on the popularity of Waves
– Low liquidity and attention
– Outdated format of use
🧠 Conclusion for the investor:
#wct — rather a relic of the community-token era than an active asset of the future. Good for collectors and researchers of old blockchain mechanics. Should not be considered an investment in an active token — but useful as part of the history of decentralization development.#cryptoland_88
👆This article is for informational purposes only and is not investment advice. Thank you for subscriptions, likes, comments!
