#WalletConnect $WCT @WalletConnect
Vision & Narrative:
WalletConnect is the industry standard for connecting crypto wallets to decentralized applications without exposing private keys. The vision is a secure, universal protocol that works across all devices, chains, and wallet types.
Core Technology / Protocol Stack:
It uses an end-to-end encrypted messaging layer for session initiation between wallets and dApps. Supports both QR code and deep link connections. The v2 protocol is chain-agnostic and supports multiple active sessions.
Current Applications & Partnerships:
Integrated into MetaMask, Rainbow, Trust Wallet, and hundreds of dApps. Used by DeFi protocols, NFT marketplaces, and Web3 games.
Token Model / Ecosystem Incentives:
The $WCT token (speculated) could enable governance, staking for network relays, and premium developer tooling.
Why It Matters:
By standardizing wallet connectivity, WalletConnect has become a key piece of Web3 UX infrastructure.
Risks & Barriers:
Protocol downtime or exploits could disrupt large swathes of the ecosystem. Monetization remains a challenge.
