🔗 Part 3/10: What Is the WCT Token?
WalletConnect now has a token — but what’s it for?
WalletConnect has been silently powering Web3 connections for years.
Now it has a token: $WCT (WalletConnect Token). But here’s the catch…
👉 It’s live — but not fully launched.
Let’s break it down 👇
🧾 WCT Facts So Far
🔹 Token name: WalletConnect Token
🔹 Ticker: $WCT
🔹 Supply: 1B total
🔹 Current status: Minted on Ethereum
🔹 Transferable: Yes
🔹 Utility? Not officially announced (yet)
❓So Why Launch It?
WalletConnect has hinted at big plans:
🧠 Governance over protocol upgrades
💰 Staking/incentives for wallets and developers
🔑 Access to premium protocol features
📈 Ecosystem growth via grants or rewards
BUT — nothing is live yet. It’s early.
🔍 Who Received It?
The initial token distribution went to:
🔹 Early supporters
🔹 Strategic contributors
🔹 Wallets/dApps using the protocol
🔹 The community — via WCT claim (if eligible)
If you used popular wallets or dApps with WalletConnect in 2022–2023, you may have gotten a surprise airdrop 👀
🚨 Important:
There’s no staking, no DAO, and no token utility live yet.
Treat it like a bet on future protocol value — not current features.
💬 Next up: Is WalletConnect a project or a protocol? And why that matters for $WCT holders.
Got $WCT questions? Drop them 👇
