In the Web3 world, securely connecting wallets and applications is the first step of every experience. WalletConnect Token (WCT) was created to enhance this process.
WalletConnect is a decentralized wallet connection protocol trusted by hundreds of applications and millions of users. WCT is a utility and governance token of the ecosystem, allowing the community to participate in decisions regarding the development direction of the protocol, from security upgrades to the integration of new features.
In addition to governance rights, WCT also plays a role in the incentive mechanism for partners and users, helping to expand the network of compatible applications. As Web3 becomes increasingly diverse, the demand for seamless connections between wallets and dApps will continue to rise, making WCT an essential infrastructure component.