$WCT In the crypto world, most tokens are searching for their own 'narrative'—Meme relies on consensus, GameFi relies on users, AI relies on imagination, while a few protocol-based projects are proving their irreplaceability through actual implementation.
WCT (WalletConnect Token) is an undervalued foundational protocol token.
🧠 WalletConnect: Not just a tool, but the communication framework of Web3
Since its establishment in 2018, WalletConnect has always focused on solving a key problem: how to enable wallets to communicate securely, stably, and across chains with DApps?
In the Web2 world, we have long been accustomed to account passwords and OAuth logins. In Web3, before each on-chain operation, signing, authorization, and information transfer are required. WalletConnect serves as the Socket channel in the entire Web3 world, the communication framework of the underlying connections.
It has already been deeply integrated into mainstream wallets like MetaMask, Coinbase Wallet, Trust Wallet, Zerion, Rainbow, and is widely called upon by platforms such as Uniswap, OpenSea, Snapshot, and Lido. In other words: as long as you are using a wallet to connect to DApps, you are likely using WalletConnect—just without realizing it.
🔧 Technical architecture: From scan communication to on-chain identity
In the past, people might have thought of WalletConnect as just 'scan to log in', but now it has become a multi-layered architecture protocol:
Session Layer: Establishes encrypted communication sessions between wallets and applications;
Relay Network: A decentralized relay network built on the Waku protocol, ensuring secure message transmission;
Push Layer: Enables off-chain notifications; in the future, your on-chain governance proposals and NFT bidding reminders can be delivered 'like mobile notifications';
DID & Session NFT (in development): Abstracts user identity, connection records, and on-chain behaviors into Session NFTs, building a DID network and social infrastructure for the Web3 world.
This structure is not just about connection; it is the blueprint for creating a Web3 native identity and communication operating system.
🔗 WCT Token: The Trinity Protocol Capture Model
WCT does not exist for speculation; its value foundation is solid and has practical uses:
Payment network communication fees: Using all Relay relay nodes requires consumption of WCT;
DAO Governance: Future protocol parameter adjustments, incentive distributions, and version upgrades will all be governed by WCT;
Incentive mechanism: Developers, node operators, and wallet integrators can earn WCT rewards through their contributions.
With the future launch of the DID module, WCT will also be used to bind identity permissions, signature authorization, social authentication, and other new scenarios.
This is a typical 'trinity': Payment × Governance × Incentives, allowing the use, maintenance, and ecological expansion of the protocol to revolve around WCT, forming a positive flywheel.
🌐 Why is this track important?
All applications in Web3 ultimately rely on user entry points. And wallets are the first stop for users to interact with the blockchain. WalletConnect not only connects 'wallet ↔ app', but is also defining a new paradigm of 'person ↔ identity ↔ chain'.
In this paradigm, WCT is an indispensable fuel, key, and voting right.
It is not like Meme that speculates on emotions, nor is it a short-term hype. It moves slowly but steadily—each integration, each call, and each node deployed is a sedimentation of the protocol's value.
WCT is worth understanding from a long-term perspective and deserves to be the starting point for your focus on 'real protocol assets'.