🔗 Part 4/10: Is WalletConnect a Project or a Protocol?
And why that matters for $WCT holders.
We talk a lot about WalletConnect like it’s a product. But it’s not a wallet, not an app, and not even a company in the usual sense.
It’s a protocol — and that changes everything 👇
💡 Protocol vs Project
🔹 A project is a company or app with a defined product.
🔹 A protocol is a set of open rules that others can build on.
WalletConnect is the second kind — like TCP/IP for crypto wallets. It powers connections between dApps and wallets — but doesn’t own either side.
🔧 WalletConnect = Web3 Infrastructure
You don’t use WalletConnect directly.
Your wallet or app uses it to talk to other Web3 tools.
It’s invisible but essential, like plumbing.
And it's open-source, meaning anyone can integrate it.
💻 Who Maintains It?
There is a company (WalletConnect AG) that develops and stewards the protocol.
Think of it like this:
🧱 Protocol = the shared infrastructure (like HTTP or TCP/IP)
🛠 Core team = maintains, upgrades, and expands the protocol
🌍 Ecosystem = wallets, dApps, and users that integrate it
That means: WalletConnect ≠ product. It’s infra — meant to be used by many, not owned by one.
🪙 Where Does WCT Token Fit?
This is key:
$WCT may evolve to become a governance and coordination token for the protocol.
That’s what makes the distinction so important.
You’re not betting on a company — you’re potentially participating in a decentralized infrastructure layer for all of Web3.
💬 Next up: Let’s talk real possibilities — what could $WCT actually be used for?
Drop your thoughts or questions 👇
