$WCT WalletConnect was founded in 2018 with the goal of developing a protocol that
would enable seamless connections between wallets and applications across all
platforms. Over the past six years, the WalletConnect protocol has established
itself as a critical infrastructure in the web3 space, supporting millions of users
and thousands of applications as well as facilitating much of web3’s volume.
The protocol’s ability to provide secure, end-to-end encrypted connections has
been fundamental in creating interoperability for every wallet, every app and
every chain. Based on the protocol, a network of participants and contributors
are creating the WalletConnect Network.
Key milestones include:
The expansion to over 40,000 applications and 600+ wallets, facilitating more than 150 million connections as of 2024.
The consistent growth in daily remote connections, evidencing widespread adoption.
The transition to a permissioned decentralized database supported by third-party node operators.
Having cemented its position as critical infrastructure for the future of the
internet, it is now time to transition to decentralized infrastructure that upholds
the principles of permissionless access and digital ownership. This evolution positions the WalletConnect Network at the forefront of the new internet, driving
innovation in onchain user experience and digital identity.