@WalletConnect @WalletConnect The Waves Community Token (WCT) was launched on the Waves blockchain to support decentralized governance and foster community involvement during the early stages of the Waves ecosystem. Designed as a utility token, WCT allowed holders to participate in voting processes, helping to evaluate new tokens, influence development decisions, and establish trust within the platform. It also served as a reward mechanism for early supporters and active contributors, reinforcing community-driven project growth. In its prime, WCT played a key role in token rating and airdrop distributions, as developers often targeted WCT holders for token drops due to their reputation and engagement. However, as the Waves platform matured and transitioned to newer governance frameworks, the relevance and utility of WCT gradually declined. Today, WCT holds limited practical use and is largely considered a legacy or historical token. While its original purpose has been fulfilled, WCT remains a symbol of early decentralized community governance experiments.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.