WalletConnect is an on-chain user experience (UX) ecosystem for connecting wallets and dApps. For example, if you want to log in to some web3-related websites using your phone, you can scan a QR code to log in.
I personally used it most commonly during the GameFi boom in 2021, when people were generally using Tp wallet. When authorizing some computer games, you could log in by scanning a QR code.
Additionally, when participating in various on-chain projects, Tp wallet was also commonly used for QR code authorization, providing a very high level of convenience.
Holding $WCT allows participation in the governance of the network.
For example, you can take part in future decision-making of the project and possess voting rights.
It can also be used for staking to earn rewards, as well as to become a builder and earn rewards (node operation, technology, etc.) #Walletconnect $WCT @WalletConnect