The WalletConnect protocol has seen widespread use since its launch. According to the website, the project has conducted over 240 million connection processes to serve more than 38 million unique active wallets. Over 57,000 decentralized applications have integrated with the protocol, demonstrating its utility and operational compatibility in the web 3 world.
Funding and Development
The WalletConnect Foundation raised $10 million from four consecutive token sales that experienced a tremendous increase in demand from users exceeding the available tokens. This funding will allow the WalletConnect Foundation to scale its operations, expand its team, and support ecosystem initiatives — benefiting developers, node operators, and strategic partners.
