Attractive investment opportunity with WalletConnect (WCT) on Binance Launchpool! This is a great opportunity to farm WCT by locking assets such as BNB, FDUSD, and USDC. Simply join Binance Launchpool and leverage the power of these cryptocurrencies to earn WCT today. Don't miss the chance to increase your profits from investing in a potential token and enjoy long-term benefits. Join now to not miss this golden opportunity!
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Binance Launchpool Announces 67th Project – WallectConnect (WCT).
“We are announcing the 67th project on Binance Launchpool – Walletconnect (WCT), an open-source network that connects users to decentralized applications through a secure and interoperable protocol,” Binance said in a statement.
Users stake their BNB, FDUSD, and USDC to receive WCT airdrops over four days, with farming starting from 07:00 on April 11 (UTC).
Binance will then list WCT at 18:00 on April 15 (UTC) and open trading for WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY trading pairs.
WCT will be listed by Binance as a “seed tag”. This type is used to classify cryptocurrency projects that are usually in the early stages of development and may not have a working product yet, and cryptocurrencies listed in this form also have high risks.
What is WalletConnect?
WalletConnect is an open-source protocol that connects non-custodial wallets to mobile dApps and is not a standalone app, so it is not available on Google Play, App Store, or Chrome Extension.
WalletConnect now supports over 170 leading wallets, including Metamask, Rainbow, Argent, and more.
Since 2018, WalletConnect has become a key infrastructure in web3, providing end-to-end secure encrypted connectivity, promoting interoperability across the entire ecosystem.
Highlights
Over 40,000 apps and 600 integrated wallets.
Over 150 million connections by 2024.
Strong growth in daily remote connections.
Moving to a decentralized database with third-party nodes.
Next phase: decentralize the network, using WalletConnect Token (WCT) to steer web3 momentum towards user experience (UX) first.
Mechanism of action
The main ingredients include:
Service Node Operators: They run service nodes (database nodes) that form the backbone of the network storage layer. These nodes operate on a distributed database based on consistent hashing.
Gateway Node Operators: They manage gateway nodes, which are the entry point for applications and SDKs. Gateways facilitate encrypted communication and route data between wallets and applications.
Wallets: Allow end users to manage their blockchain keys and interact with applications via the WalletConnect protocol. Most wallets integrate with the network using the WalletKit SDK.
Applications: These are products and services in the web3 space that drive traffic to the network. They can be integrated directly or through available SDKs.
SDK: Software development kit that simplifies the integration process for apps and wallets.
End Users: Consumers of all services in the network, from wallets to applications, through relay nodes and databases.
Token information
Name: WalletConnect
Code: WCT
Contract: Update more,…
Blockchain Development: Optimism
Total Supply: 1,000,000,000 WCT
Circulation Supply: More updates,…
Token Allocation
Quỹ WalletConnect: 27%
Airdrop: 18,5%
Team: 18.5%
Reward: 17.5%
Former supporters: 11.5%
Core Development: 7%
Token Unlock Schedule
Update more,..
WCT Season 1 Airdrop
WalletConnect’s WCT Season 1 airdrop aims to reward active and knowledgeable users and invite them to become founding members of the ecosystem. Through a scoring system, those who qualify will participate in governance and staking, helping to shape the future of onchain UX. This is the first step in the network’s journey to decentralization.
The Season 1 airdrop allocates a total of 50 million WCT tokens divided into three categories:
Community Distribution: 30,000,000 WCT
Allocated to eligible users based on their network activity, on-chain presence, and airdrop behavior
Independent contributors: 10,000,000 WCT
Distributed to developers and contributors who have supported the ecosystem through GitHub contributions and Gitcoin donations
Strategic Partner: 10,000,000 WCT
Exclusively for partners who have played a key role in developing and supporting the WalletConnect ecosystem
Investor
WalletConnect has successfully raised $24.75 million in multiple funding rounds, with participation from major investors such as Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, HashKey Group, and others.
WalletConnect User Guide
Step 1: Access the application platform you want to connect your cryptocurrency wallet to
Step 2: Click “Connect” from the platform.
Step 3: From the available connection options, select WalletConnect.
Step 4: Use the QR code scanning feature on crypto wallet apps and scan the code to connect the wallet (Here is an example of Trust Wallet)
