To what end is the undertaking being undertaken?
@WalletConnect , which was released in 2018, has become the protocol of choice for linking wallets to decentralized applications (dApps). It is the responsibility of WalletConnect to ensure that customers are able to connect securely to over 600 wallets and 40,000 applications on Ethereum, Solana, Cosmos, Bitcoin, and other cryptocurrencies. By using a simple QR scan or mobile deep linking, this may be accomplished.
Points of significance
The fact that #WalletConnect is not biased is one of its distinguishing characteristics. The fact that it is encrypted from beginning to finish, that it is compatible with any blockchain, and that it is now being transferred to a permissionless node network eliminates the need for central points of failure. In addition, WalletConnect incorporates a layer of incentives with WCT, which guarantees that the infrastructure will evolve into a network that is entirely decentralized and directed by the community.
Things that
The $WCT Network provides a secure means by which decentralized applications (dApps) and wallets may communicate with one another.
The messaging, alerting, chat, and verification services that are included with Relay and Node Services.
Simple development kits (SDKs) and standards make it simple for developers to communicate with one another.
Obtaining finances
More than $24.7 million has been contributed to the campaign by a number of firms, including HashKey, Coinbase, ConsenSys, and Circle, among others.
Those who back
Because it is supported by some of the most well-known names in the cryptocurrency technology and banking industries, WalletConnect has become a reliable standard throughout Web3.
Distribution of Tokens and Tokenomics
There are a total of one billion WCT here.
The foundation receives 27% of the total, while the team receives 18.5%, airdrops get 18.5%, rewards receive 17.5%, early supporters receive 11.5%, and core developers receive 7%.
In order to put an end to rumors and conjecture before the network matures, they were initially unable to be transmitted.
Release the Token
Today, around 186 million WCT, which is equivalent to approximately 18.6% of the entire supply, is in circulation. On November 15, 2025, Token Warrants will once again be made available to the public.
Despite the fact that it is not often mentioned in the media, @WalletConnect is the source of power for the majority of wallet connections in Web3. With the assistance of WCT, it is moving into a new era of decentralization.