WalletConnect, the foundational protocol that enables seamless connections between wallets and decentralized applications (dApps) across Web3, has officially transitioned into a decentralized network. As part of this evolution, WalletConnect is introducing $WCT, its native utility and governance token.
A Proven Pillar of the Web3 Ecosystem
Since its inception in 2018, WalletConnect has played a pivotal role in the growth of the decentralized internet, facilitating over 300 million secure wallet connections. Today, it stands as a core infrastructure layer for Web3, enabling:
45+ million users
20+ million monthly wallet connections
61,000+ integrated dApps
700+ supported wallet providers
Cross-chain functionality and open-source transparency
WalletConnect is deeply embedded in leading platforms including MetaMask, Trust Wallet, OpenSea, Binance, and Jupiter. Often referred to as the “Wi-Fi of Web3,” it has become an essential protocol for user access and interoperability in decentralized applications.
Introducing $WCT: The Token Driving Utility, Governance, and Growth
The launch of $WCT marks a significant milestone in WalletConnect’s journey toward full decentralization. Designed to enhance community ownership, incentivize network participation, and enable decentralized governance, $WCT brings new dimensions of utility to the protocol.
1. Staking for Network Security and Rewards
Users can stake $WCT via staking.walletconnect.network to secure the network and earn staking rewards. Over 106 million $WCT tokens have already been staked, with longer lock-up durations offering higher reward potential.
2. Decentralized Governance
$WCT holders can actively participate in protocol governance, voting on critical issues such as fee structures, upgrade proposals, and reward mechanisms. This community-driven approach ensures transparency, decentralization, and collective decision-making.
3. Real Utility and Sustainable Demand
Future versions of the WalletConnect protocol will require dApps to pay for network access using $WCT, creating real utility and driving consistent demand for the token across the ecosystem.
4. Incentives for Builders
Wallet providers, node operators, and protocol contributors will be incentivized with $WCT based on performance metrics, helping cultivate a sustainable and inclusive development environment for the Web3 builder community.
Strong Market Validation and Industry Support
The launch of $WCT has received robust support from both investors and the Web3 community, demonstrating strong confidence in the project's vision and long-term value:
CoinList Token Sale: 4x oversubscribed with $15.5M pledged for a $4M raise
Bitget LaunchX: Drew $326M in commitments from over 67,000 participants
Echo Private Sale: $500K allocation filled in just 11 seconds
Strategic Backers: Supported by industry leaders such as Consensys, Ledger, Nansen, and Figment
Tokenomics at a Glance
AllocationPercentageStaking & Rewards17.5%Airdrops18.5%Team18.5%Foundation & Ecosystem27%Backers11.5%Core Developers7%
This carefully structured distribution supports WalletConnect’s goals of decentralization, long-term sustainability, and equitable ecosystem growth.
The Future of Web3 Ownership Starts Now
The launch of $WCT marks WalletConnect’s evolution from a critical Web3 connectivity tool to a fully decentralized and community-governed network. This transformation unlocks new opportunities for participation, governance, and innovation.
Whether you're a trader, developer, DAO member, or NFT creator — if you’ve interacted with Web3, chances are you've used WalletConnect. Now, you have the chance to own a piece of its future.
Stake today. Vote tomorrow. Shape the decentralized future.
👉 Begin staking now at @WalletConnect
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