#WriteToEarnWCT WCT Token (Waves Community Token)
WCT (Waves Community Token) is a utility token that was created on the Waves blockchain platform. It was initially launched to encourage community involvement, reward contributors, and promote decentralized governance within the Waves ecosystem.
Holders of WCT tokens had the ability to vote on community proposals and rate new projects built on Waves, helping filter quality ideas and foster innovation.
Reasonable Use of WCT Token
A reasonable use of WCT Token includes:
Community Voting: Empowering token holders to participate in project evaluations and decisions.
Incentivization: Rewarding developers, content creators, and active community members for their contributions.
Project Endorsement: Enabling community-based endorsements to boost credibility for new dApps or tokens on the Waves platform.
Although WCT is no longer actively promoted, it played a key role in the early growth of the Waves ecosystem by promoting transparency and decentralization.