WCT – Token of the WalletConnect ecosystem
WalletConnect (WCT) is a utility token associated with the WalletConnect ecosystem – a protocol that connects non-custodial wallets with thousands of dApps across multiple blockchains. Widely used by the Web3 community, WalletConnect is a familiar "bridge" that enables users to access DeFi, NFT, GameFi… with just a QR code scan or direct connection through a mobile wallet.
The emergence of WCT marks a shift from a simple connection protocol to a decentralized network governed by the community. This token has multiple roles:
• Governance: holders of WCT have voting rights on development direction.
• Ecosystem encouragement: supporting dApps, wallets, and developers integrating WalletConnect.
• Fees & utilities: participating in advanced features and services in the future.
With tens of millions of wallet connections each month, WCT has the potential to become a payment & governance hub within one of the most popular Web3 protocols, laying the foundation for global scalability.