I. Core Values and Innovation
Project Positioning
WalletConnect is a decentralized communication protocol that securely connects wallets (MetaMask, etc.) to DApps (Uniswap, etc.) via QR code/link, solving the pain points of multi-chain interaction.
WCT Token Role (Launching December 2024): Promoting Protocol Expansion to Economic Layer, Enhancing Network Security, Governance Decentralization, and Ecosystem Participation through Token Incentives.
Core Innovation
Decentralized Communication: End-to-End Encryption + Node Network, No Central Server, Supports Multi-Chain/Cross-Chain Interaction.
WCT Economic Model:
Governance: Voting Rights for Protocol Upgrades and Fee Adjustments
Staking: Nodes Maintain Network to Earn Block Rewards + Fee Sharing (Annualized 5-10%)
Developer Incentives: Rewards for Ecosystem Parties Integrating WalletConnect
Privacy Security: Zero-Knowledge Proof (ZK) Verification Requests to Avoid Single Point of Failure.
II. Market Performance and Valuation (as of August 2025)
Metrics Value/Analysis
Price $0.05-0.08 (High Volatility)
Market Capitalization $120-180 million (Medium Scale)
Circulation 120 million tokens (Total Supply 1 billion tokens)
Ecosystem Scale Integration of 5000+DApp, 300+ wallets
Market Ranking #150-200 (CoinGecko)
Token Distribution Team 15% | Ecosystem Fund 30% | Investors 25% | Staking Rewards 30%
III. Technical Architecture and Application Scenarios
Technical Advantages
Node Network: PoS Staking Mechanism Maintaining Decentralized Communication
Cross-Chain Compatibility: JSON-RPC/WebSocket Protocol Supports Seamless Multi-Chain Interaction
Privacy Protection: End-to-End Encryption + User Data Autonomous Authorization
Core Scenarios
Wallet-DApp Connection: One-Click Cross-Chain Interaction (e.g., Ethereum↔Solana)
Decentralized Identity Verification: Replacing Centralized Logins
Developer Tools: SDK/API for Rapid Integration
Ecosystem Collaboration: Deep integration with MetaMask/Coinbase/Uniswap, etc.; Plan to connect to EigenLayer for re-staking by 2025
IV. Token Economics and Value Capture
Token Utility
Governance Voting | Node Staking | Developer Incentives | Fee Deflation Buyback
Value Source
Communication Gas Fee Sharing | Staking Economic Cycle | Ecosystem Expansion Demand
V. Price Forecast
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VI. Risk Assessment
Opportunities (Potential Rating: 8/10)
High Ecosystem Adoption Rate (5000+DApp) | Endorsement from Leading Projects (MetaMask, etc.) | Technology Filling Market Gaps
Challenges (Risk Level: Moderate)
Competition (Infura/Alchemy) | Compliance Risks of Staking | Complexity of Cross-Chain Technology | Market Volatility
VII. Investment Recommendations
Rating: Buy
Core Logic:
Pioneer in Decentralized Communication + Sustainable Token Model + Support from Leading Ecosystem
Strategy:
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Key Monitoring Points: Integrated Project Growth | Staking Rate | Multi-Chain Expansion Progress
Summary
WCT, leveraging the first-mover advantage of a decentralized communication protocol, a reasonable token economy, and support from leading ecosystems, has long-term investment value. Despite facing competition and regulatory risks, its core position in multi-chain infrastructure makes it a preferred allocation, suggesting a diversified approach and tracking ecosystem progress.