$WCT & Connection

$WCT Coin: It is Not Just about Governance or Fees, It is also about Proof of Connection. The majority of the WCT coverage addresses the aspect of governance votes, staking incentives, and the node performance. However, here is a more humand-based idea coming out of an acutely detailed analysis of its protocol role:

Connection score Each and everywallet connection to a dApp through WalletConnect collects anonymized telemetry about speed, stability and the number of transactions initiated. This creates a viable reputation ratio score of wallets, which gets them motivated to have high connectivity scores.

Community Based Trust Network Wallets with high scores all the time are trusted to act as connectors. They assist in bootstrapping trust to new users in that they share connection histories that are pre-approved- helping to combat phishing or malicious dApps.

Holders of WCT may deposit tokens to support trusted connectors. On their part, the connector and the staker receive a portion of WCT rewards when high-quality connections are established in a similar manner to how infrastructure validators receive rewards as fees.

To sum it up, WCT may as well develop into not only a governance or staking token, but also form the heart of a trust-based onboarding ecosystem: via veritable Proof of Connection.