Binance announced the Launchpool event for the WalletConnect project, with its token $WCT scheduled for listing on April 15th.

However, before the listing, some are wondering about the details of the project and the purpose of the token.

In this article, we answer all these questions.

What is the WalletConnect project?

It is an infrastructure network aimed at facilitating the connection of cryptocurrency wallets to blockchain applications.

Initially, there is no doubt that you have used or benefited from the WalletConnect project in the past, as the project has been in the market since 2018, and during its operation, it has helped simplify the use of blockchain for many people through mobile applications, whereas the use of blockchain applications before that was limited to traditional computers.

Since 2018, the project has continued as one of the main pillars of the infrastructure for blockchain applications, integrating with over 600 different wallets and being used on more than 60,000 different blockchain applications. In addition, it has facilitated over a quarter of a million wallet connections with ease and smoothness.