WalletConnect (WCT) is the token associated with the most popular decentralized wallet connection protocol in Web3. If you have ever used DeFi, an NFT marketplace, or a DEX, you have almost certainly seen the "Connect Wallet" button – that is the power of WalletConnect.
This protocol allows users to connect their crypto wallets to thousands of decentralized applications (dApps) with just a QR code scan or deep link, ensuring a smooth, secure experience without the need to share private keys. As an infrastructure connection standard, WalletConnect serves as an important bridge between wallets and Web3 applications.
The WCT token is designed to promote governance, staking, and participation in the network economy. Holders have the right to vote on shaping the development roadmap while benefiting from the ever-expanding ecosystem.
In the era of multi-chain and the dApp explosion, WCT is not only a utility token but also the "backbone" of the Web3 experience, bringing crypto closer to practical applications.