Introduction to the currency project

@WalletConnect WalletConnect (WCT) is the native token of the WalletConnect network, which is an open-source infrastructure aimed at facilitating secure communication between cryptocurrency wallets and decentralized applications (DApps). The protocol allows any wallet to connect with any Web 3 application easily and securely using QR codes or direct links without the need to disclose private keys.

WalletConnect is considered one of the most important infrastructure projects in the crypto world and is widely used across various networks such as Ethereum, Solana, Cosmos, Polkadot, and Bitcoin.


Official website and Binance resources

Official website and Binance resources

  • WCT page on Binance Spot

  • Binance announcement of WCT launch in Launchpool

  • Binance Academy – Detailed explanation of WalletConnect WCT1


White paper

  • The white paper title is: WalletConnect Network Whitepaper

  • Available permanently via official documents page

  • The white paper outlines the details of the protocol, the technologies used, the goals of decentralization, the infrastructure, and how the token is distributed and governed.


Total Supply


Centralization/Decentralization ratio

  • Partially decentralized:
    WCT supports community governance and was launched on the OP Mainnet (Optimism) with a strong focus on empowering the community to propose and modify operational policies through voting.
    However, at launch, a significant portion of the token is held by founders, partners, and rewards, which means that a degree of central control exists initially, but the long-term plan aims to gradually transition the network to actual community management and decentralization.

  • Token distribution details:

    • WalletConnect Foundation: 27%

    • Airdrops: 18.5%

    • Team: 18.5%

    • Staking rewards: 17.5%

    • Project supporters: 11.5%

    • Core development: 7%

Summary

The WCTUSDT token represents a key pillar for developing the decentralized user experience in Web 3, with gradual community governance and a focus on security and transparency, facilitating connectivity between various networks and wallets, while prioritizing decentralization and increasing community governance as the project expands and the token spreads. All links and information provided are sourced exclusively from Binance and CoinMarketCap as requested.

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$WCT