YOU SHOULD NOT MISS THIS ARTICLE, AS IT IS AN OPPORTUNITY

Since its launch in 2018, @WalletConnect has provided the cryptocurrency community with an easy way to connect any supported wallet to decentralized applications on any blockchain.

According to data from the project, WalletConnect has provided 150 million connections for over 23 million users, across 600 wallets, 40,000 application projects, and all chains.

The WalletConnect Foundation, along with node operators and other contributors to the network, is working according to a roadmap set to unlock a decentralized, permissionless state that is fully open to the WalletConnect Network.

Token ($WCT ), the native token of the network, will have various utilities such as enabling fee structure, reward structure, staking capabilities, and serving as a governance mechanism for the WalletConnect ecosystem.

Token $WCT will serve several purposes, including:

Fees

At the time of writing, #WalletConnect does not charge application or SDK fees when using the forwarding service.

However, due to the costs of providing this service in a privacy-preserving and censorship-resistant manner, since WalletConnect does not sell data nor manages the system, there may be a future implementation of a fee structure based on community governance.

Note that based on information from the protocol, these fees will be paid by applications and SDKs, as they are the primary beneficiaries of the connections.

For users, they will not have to pay to create connections, and along with the development of crypto as well as bitcoin, projects like this will be very useful for investment.