WCT – Elevating the Web3 Experience with WalletConnect
WalletConnect (WCT) is the token associated with the WalletConnect ecosystem – the most popular wallet connection protocol, used by over 500 applications and digital wallets. With WCT, WalletConnect is not just a ‘wallet connector’ but also becomes an expanded Web3 infrastructure for millions of users.
The main roles of WCT:
• Governance: WCT holders have the right to participate in voting, decide upgrades, and the direction of the protocol.
• Ecosystem Incentives: WCT is used as a reward to encourage developers and partners to build dApps on WalletConnect.
• Service Payments: Some premium features in the ecosystem may require payment in WCT.
The strengths of WalletConnect are security, convenience, and multi-chain scalability, allowing users to interact with Web3 without worrying about security risks such as entering a private key.
With WCT, the WalletConnect ecosystem is expected to become a global gateway to Web3, where all transactions and dApps are easily accessible with just a click.