🗓️ Since 2018, @WalletConnect has been the open-source bridge connecting wallets and apps, becoming the backbone of Web3.
🔸 It's the technology you use every day to interact with DeFi, NFTs, and the entire onchain universe.
📊 The numbers validate their absolute dominance:
🔸 +45 Million global users trust its security.
🔸 +300 Million annual connections facilitated.
🔸 4x YoY Growth: It went from 7.2 million users in 2023 to more than 31 million this year.
🔸 +700 Wallets and +61,000 dApps integrated.
🌐 WalletConnect now becomes a permissionless ecosystem, powered by its $WCT token
🔸 To ensure a secure and scalable foundation, the network is backed by industry leaders and powerhouses like Consensys, Ledger, Figment, and Nansen.
🧩 WCT is designed as the engine of a decentralized economy, with 4 key functions:
🔸 Governance: Token holders will vote on the future of the protocol, including fee structure, technical improvements, and reward distribution.
🔸 Staking: You'll be able to stake your WCT to support the stability and security of the network, receiving rewards in return.
🔸 Rewards: 17.5% of the initial supply is earmarked to incentivize those who contribute value to the network, such as node operators and developers.
🔸 Fees (future): To ensure sustainability, the community may implement a usage fee system (based on Monthly Active Users), creating a natural demand for the token.
📊 The total supply of 1 billion $WCT is distributed to encourage growth and participation:
🔸 Foundation: 27%
🔸 Airdrops: 18.5%
🔸 Team: 18.5%
🔸 Rewards: 17.5%
🔸 Initial investors: 11.5%
🔸 Development: 7%
🔐 Market confidence was demonstrated in its initial sales, which were massively oversubscribed:
🔸 CoinList: Overwritten 4 times with participants from +100 countries.
🔸 Echo: $500,000 sold in just 11 seconds.
👨🏫 This article intends to inform about the project and its benefits.
📊 This is not investment advice, always remember DYOR (Do Your Own Research)
🔸 This article is possible thanks to @Binance Square Official in collaboration with @WalletConnect thank you for sponsoring this article
🔸 #WalletConnect - #WCT - $WCT
🔸 I hope the information is useful 🤝🐯🧡