@walletconnect, this project really impressed me! As a foundational protocol connecting the Web3 world, it is redefining decentralized interactions.
💡 Why do I think WalletConnect is so important?
1️⃣ It serves as a bridge between dApps and wallets, supporting multi-chain operations
2️⃣ The latest version offers more secure end-to-end encryption
3️⃣ No intermediaries, a truly decentralized connection method
📊 $WCT Token Value Analysis:
✅ Governance Function: Holders can participate in protocol upgrade decisions
✅ Fee Mechanism: Possible settlement methods for future network usage fees
✅ Ecosystem Development: Incentivizing developers to build more WC-related applications
🌐 Currently, there are over 500 wallets and 3000+ dApps integrated, including top projects like MetaMask, TrustWallet, and Uniswap. This network effect has created a strong moat!
🔥 With the development of new narratives such as Account Abstraction (AA) and Intent-Centric, the infrastructure value of WalletConnect will further stand out. There is still significant growth potential in its market value compared to other infrastructure projects.
