@walletconnect Formed in 2024, the WalletConnect Foundation is dedicated to building and facilitating a permissionless, decentralized ecosystem that is both powered by and rewarding toward its community of builders and users, ultimately working towards the realization of an internet designed for choice, control, composability, and ownership.
Today’s web3 is simply unable to reach its full potential, blocked by the restraints of poor usability and limited accessibility. With the decentralization of the WalletConnect Network and the introduction of the WCT token, the WalletConnect Foundation believes this next phase of the network will blend utility and usability to deliver unparalleled value to the wider web3 landscape — building new bridges to bring the benefits of decentralization to meet the needs of the wider global digital community and align onchain incentives to prioritize better UX.
Pedro Gomes, Director of the WalletConnect Foundation says “Since WalletConnect’s inception in 2018 the goal was always for it to become critical and decentralized infrastructure for the onchain ecosystem, with the addition of WCT we are making that goal a reality. The WalletConnect Network has experienced 240% growth in the past 12 months, WCT will incentivize even more growth and bring in even more partners. We're excited to see the evolution of the Network and continue to play a pivotal role for a thriving onchain future”.#WalletConnet $WCT