@WalletConnect is a crucial but often overlooked piece of Web3 infrastructure. It is the invisible bridge that securely connects your wallet to dApps with a simple QR code scan or deep link. It ensures that your private keys remain safe in your wallet, with all communications being end-to-end encrypted.
Founded in 2018 to solve the messy problem of wallet integrations, #WalletConnect has become the industry standard. It now powers millions of connections across over 600 wallets and 65,000 apps.
In a recent shift toward full decentralization, WalletConnect introduced its own network and the native $WCT token. The token enables community governance, allowing holders to vote on network decisions. It also allows people to stake $WCT and earn rewards by helping to secure the network, turning this quiet giant into a community-owned backbone of Web3.