The Future of WalletConnect is Bright
Positive Factors Include
1. Growth and Popularization of Web3 Users
2. Prosperity of Multi-Chain Ecosystems
3. Mobile-First Trends
4. Continuous Improvement of Security Awareness:
5. The Necessity of Interoperability and Open Standards:
The number of wallets and dApps in the ecosystem is surging, and fragmented connection solutions will lead to confusion and poor user experiences.
As an open protocol and de facto standard, #WalletConnect provides a unified connection layer, promoting interoperability and efficiency across the ecosystem. This network effect is its strong moat.
6. Functionality Expansion Beyond Basic Connectivity:
Push Notifications (Notify): Allows dApps to push transaction status updates, governance proposals, activity notifications, etc., to users' wallets, significantly enhancing user experience and engagement.
Chain Switching: Simplifies user operations for switching between different blockchain networks within dApps.
Exploration of Future Potential and the Possibilities of Combining Account Abstraction (ERC-4337), Social Login, Decentralized Identity (DID/VC), Off-Chain Message Signing, etc., to expand application scenarios.
7. Strong Ecosystem Support:
Widely integrated and supported by almost all mainstream wallets.
Endorsed and resourced by leading companies like ConsenSys.
The above is a personal opinion and does not constitute investment advice.