Everyone to buy $WCT
What is it? The WalletConnect Token (WCT) is an integral part of the WalletConnect network. WalletConnect is a connectivity protocol that allows decentralized applications (dApps) to securely connect with mobile and desktop wallets. It acts as a bridge, facilitating interaction with various blockchain services without exposing the user's private keys. It has become fundamental to the user experience in the crypto space, with millions of monthly connections.
Utility:
Governance: WCT holders can propose and vote on network updates, fee structures, and strategic initiatives, enabling community-driven development.
Staking: Users can stake their WCT tokens to support the network's security and decentralization, earning rewards.
Network fees and rewards: WCT is used to pay network fees and premium services, and also incentivizes network participants, such as node operators and wallet providers.
Ecosystem growth: WCT supports incentives for developers and grants for dApp integrations and partnerships with wallets.
Tokenomics: It has a maximum supply of 1 trillion WCT. A significant portion of the supply is allocated to the WalletConnect Foundation, airdrops, staking rewards, and the team/development.
