@WalletConnect : Ushering in a New Era of Onchain Connectivity
Introduction to the Onchain Revolution

The rise of Web3 has marked a new chapter in the evolution of the internet—one that's decentralized, transparent, and user-empowered. Yet, despite its immense potential, the onchain world has long faced a fundamental challenge: it was designed for everyone, but built by a select few.

WalletConnect is changing that.

The Backbone of Web3 Connectivity

Since 2018, WalletConnect has served as a critical infrastructure layer in Web3, bridging apps and wallets. It now powers 20 million+ connections each month, supporting 45 million users and linking over 61,000 apps to 700+ wallets across all chains.

Moving Toward Decentralization

In 2023, WalletConnect launched its decentralization journey with the v2 upgrade. By 2024, it introduced node operators. Supported by top firms like Consensys, Ledger, and Nansen, the network is evolving into a scalable, resilient, and decentralized system.

WalletConnect Token ($WCT ): The Engine of the Network

The WalletConnect Token (WCT) powers the network through four core utilities:

Fees: WCT will eventually be used to pay for network services under a Monthly Active User (MAU) model.

Rewards: 17.5% of WCT is set aside to reward wallets, apps, and node operators for performance.

Staking: Users can stake $WCT to secure the network and earn yield.

Governance: Token holders can vote on key decisions, including fees and reward allocation.

Growth-Focused Tokenomics

$WCT has a fixed supply of 1 billion tokens, distributed as follows:

WalletConnect Foundation – 27%

Airdrops – 18.5%

Team – 18.5%

Rewards – 17.5%

Backers – 11.5%

Core Development – 7%

Community at the Core

Community engagement is central. The Token Community Round offers early access to WCT at fair value, mirroring private sale terms, with no lock-ups. It ensures transparency and empowers early supporters.

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