🧡WalletConnect: The Gateway to the Future of Web3 – An Ambitious Journey💙
In the context of the blockchain world booming with innovations and potential for the next generation of the internet, one core issue persists: Web3 is designed for everyone, yet is only easily accessible to a few.
WalletConnect was born to break down this barrier, becoming the pioneering connecting platform that shapes the future of user experience on blockchain (on-chain UX). With its distinctive blue logo – a symbol of trust, WalletConnect has become a familiar name for anyone who has ever used a Web3 application. From decentralized finance (DeFi), NFTs, to swap transactions and staking, WalletConnect is the backbone of the on-chain economy, seamlessly, securely, and efficiently connecting wallets, applications, and blockchains.
Project website: https://walletconnect.network/
WalletConnect – A Strong Connecting Platform Since 2018
Founded in 2018, WalletConnect has quickly established itself as the core connecting platform of the Web3 ecosystem. With:
• Over 275 million connections globally.
• Serving 45 million users, WalletConnect currently handles over 20 million connections monthly for 5 million regular users.
• Supporting over 61,000 applications with 600 wallets across all blockchains (such as Ethereum, Solana, Arbitrum, Optimism, Berachain...)
WalletConnect is also an open-source, resilient ecosystem and an indispensable bridge in the on-chain economy. From leading wallets like MetaMask, Trust Wallet, Binance, to trading platforms like Polymarket or Jupiter. WalletConnect has become a symbol of stability and quality in a volatile market.
WalletConnect Token (WCT) – A Turning Point Towards Decentralization
With the launch of WalletConnect Token (WCT), the project is transforming into a decentralized, permissionless, community-owned ecosystem. The WCT token is the heart of the network:
Tokenomics
•Token Name: WallectConnect
•Token code: $WCT
•Total supply: 1,000,000,000 WCT
•Blockchain: Optimism
Token Allocation
•Airdrop: 18.5%
•Team: 18.5%
•WallectConnect Fund: 27%
•Core development: 7%
•Rewards: 17.5%
•Supporters: 11.5%
WCT token utility
•Service Fee: Used to pay for network services, ensuring long-term sustainability
•Rewards: Designed to incentivize participants in the network, including wallet providers and node operators,
•Staking: Stake tokens to support the stability and sustainability of the network while receiving rewards.
•Governance: Token holders participate in the governance process of the network, from proposing to discussing
Notable Achievements and Community Support
Support from leading node operators such as Consensys, Reown, Ledger, Kiln, Figment, Everstake, Arc, and Nansen further strengthens WalletConnect's position. The project has completed 4 rounds of token sales with a total of 10 million USD raised, all in an oversubscribed state:
•CoinList Community Round: Attracted 18,000 participants from over 100 countries, raising 15.5 million USD in commitments, far exceeding the 4 million USD target.
•Private sale on Echo: Raised 500,000 USD in just 11 seconds.
•Bitget LaunchX Round: Achieved a 4 million USD target in 2 hours, with over 67,000 participants committing 326 million USD.
•Private sale: Raised an additional 1.5 million USD.
Development Roadmap
The network began its decentralization journey in 2023 with the first major technical upgrade to v2. In 2024, the network will enter the next phase by introducing node operators. The network is adopting a phased approach to decentralization.
Future Vision
WalletConnect is not just a connecting platform – it is the future of Web3, where users, applications, and wallets converge in a secure, transparent, and decentralized ecosystem. With a community of 45 million users, widely adopted products, support from top partners, and a clear development roadmap, WalletConnect is leading the on-chain connectivity revolution.
