$WCT

🚀 WalletConnect (WCT): Connecting Wallets and DApps Securely and Simply

$WCT

🔹 What is it?
WalletConnect (WCT) is a protocol that connects crypto wallets to decentralized applications (DApps) quickly, securely, and without complications — using only a QR Code or deep link.

🔹 Who created it?
Created by Pedro Gomes, WalletConnect gained traction with the WalletConnect Foundation (2024), led by Gomes and Jakub Zakrzewski, ensuring security and decentralization.

🔹 Notable investors
• Series A: US$ 11M – Union Square Ventures, 1kx, Coinbase Ventures, and others.
• Series B: US$ 13M – Union Square Ventures, 1kx, Shopify Ventures, Kraken Ventures, Crypto.com Capital, BitGo Ventures, and more.

🔹 How it works
1. Start – DApp generates QR Code ➡ user scans via wallet.
2. Connection – Request is approved in seconds.
3. Security – Encrypted communication.
4. Interoperability – Support for multiple blockchains.
5. Decentralization – Since 2024, operates via WalletConnect Network, without relying on a single server.

💡 Why does it matter?
WalletConnect is the bridge that simplifies Web3, allowing millions to interact with the blockchain ecosystem without technical barriers.

#WalletConnect @walletconnect #wct #WCTToken