🌐 WCT (WalletConnect Token): The Gateway to Seamless Crypto Connectivity
Introduction
In the ever-expanding world of decentralized finance (DeFi) and Web3, connectivity and interoperability between wallets and applications are crucial. One protocol that's been at the center of this revolution is WalletConnect. As the ecosystem grows, WCT (WalletConnect Token) has emerged as a utility and governance token powering this protocol’s future.
🔍 What is WalletConnect?
WalletConnect is an open-source protocol that enables secure connection between decentralized applications (dApps) and mobile or desktop wallets using QR code scanning or deep linking. It eliminates the need to input seed phrases or private keys, focusing on safety and user experience.
💡 What is WCT?
WCT (WalletConnect Token) is designed to:
Incentivize participation in the WalletConnect network.
Enable governance for future upgrades and protocol decisions.
Reward contributors such as developers, validators, and infrastructure providers.
While WCT is not yet officially launched on major platforms (as of 2025), it is expected to play a central role in the next iteration of WalletConnect (often referred to as WalletConnect v2 and beyond).