WCT Token: Not Competing with Rivals, Just Being an Ecosystem 'Enabler'
The value logic of most tokens revolves around 'competition' — vying for trading pairs, seizing market share, and competing in market capitalization rankings. But WCT's path is entirely different. As the native token of the WalletConnect network, WCT's value anchor is not to 'defeat opponents', but to 'activate the ecosystem'.
The functional design of WCT directly addresses the core needs of the Web3 ecosystem:
- Decentralized Governance: Users holding WCT can participate in voting on protocol upgrade proposals, determining the development direction of WalletConnect, making ecosystem decisions more in line with community will;
- Staking and Incentives: By staking WCT, users can gain ecosystem rights while providing support for network security, forming a positive cycle of 'contribution equals return';
- Strengthening Ecosystem Collaboration: The value growth of WCT does not rely on a single application or chain but is deeply tied to the prosperous ecosystem of over 600 wallets and more than 65,000 DApps.
This 'non-competitiveness' is not a passive retreat but an active construction of an ecological moat. While other tokens are 'involuting' in a single track, WCT binds its own value with the needs of millions of developers and billions of users by empowering the entire Web3 connection network, forming a unique logic of 'a rising tide lifts all boats'.