From 'free tools' to 'community assets', $WCT has changed the track for @walletconnect

@WalletConnect was often asked in its early years: 'How do you make money?' It always replied, 'First, let's get the connections right'—now, six years later, it has connected over 700 wallets and 65,000+ DApps with its protocol, becoming a 'must-have tool' for Web3. The emergence of $WCT aims to transform it from a 'free tool' to a 'community-owned asset platform'.

#WalletConnect

Its 'free' service is intended to make Web3 more open. If every connection had a fee in the early days, small wallets and small DApps wouldn't be able to afford it, and Web3 would become even more fragmented. #WalletConnect insists on an open-source, free protocol, tackling the 'interoperability hard problem' with end-to-end encryption and cross-chain technology. With a record of 300 million connections and zero incidents, 'using WalletConnect to connect' has become an industry consensus—this 'building the ecosystem before discussing value' logic has made it an irreplaceable infrastructure.

Now WCT aims to add an 'incentive engine' to the ecosystem. Staking WCT can serve as a validating node, earning connection service fees from DApps and wallets; the community can use WCT to vote on rule changes, such as adjusting node profit distribution ratios; @WalletConnect also wants ordinary users to 'use more and earn more': by continuously using the protocol to connect applications for 30 days, they can earn WCT rewards. It wants 'using tools' and 'protecting the ecosystem' to be equivalent, so that everyone who participates benefits.

#WalletConnect

In the future, when mentioning 'connections' in Web3, people will say: that’s what @WalletConnect did, and it’s also what we protect together with $WCT . When infrastructure becomes community assets, it can truly last long.