#WalletConnect
The founder Pedro Gomes created WalletConnect in 2018. The project is backed by prominent investors such as Union Square Ventures, Coinbase Ventures, ConsenSys, and Shopify. In 2024, the WalletConnect Foundation was established to oversee the decentralization process.
WCT represents an investment opportunity in Web3 infrastructure. It is not just another token, but a key tool in the connectivity between wallets and applications. As always, do your own research before investing.
Technology
WCT is an ERC-20 token launched on Optimism, a Layer-2 scaling solution for Ethereum. Optimism enables fast and cheap transactions, using optimistic rollups to process data off-chain while maintaining the security of Ethereum.