$WCT All about WalletConnect – The core connection layer of Web3.
What is WalletConnect?
WalletConnect is an open-source connection protocol that helps users easily link crypto wallets with decentralized applications (dApps) securely, quickly, and privately. If you've ever connected wallets like MetaMask or Trust Wallet to a dApp like Uniswap, you may have used WalletConnect without even realizing it.
Launched in 2018, WalletConnect has become the default connection layer of Web3 today, similar to how Stripe connects fiat payments or Visa is present at every payment point.
Core role in the Web3 ecosystem.
WalletConnect serves as a bridge between:
+ User wallets.
+ Decentralized applications.
+ Many different blockchains.
From DeFi, NFT, gaming, staking to payments, any on-chain experience can use WalletConnect as an essential connection infrastructure layer.
Impressive figures:
+ Over 300 million connections since launch.
+ 45 million users globally.
+ 20 million connections per month.
+ 5 million active users monthly.
+ Over 61,000 dApps and more than 700 wallets have integrated.
+ In March alone, the top 8 wallets created 18 million connections through WalletConnect.
+ 106 million WCT has been staked, with over 142,000 holders.
Why is WalletConnect trusted?
+ Launched in 2018, proving resilience through multiple market cycles.
+ Open source – anyone can inspect and contribute.
+ High security, no user data storage.
+ Transparent infrastructure, supporting hundreds of large and small wallets.
+ Default integration on MetaMask, Binance, Trust Wallet.
WalletConnect can be likened to the "Visa of Web3" – ubiquitous, and the most reliable connection standard today.
Highlight event: Launch of the WCT token.
In early 2024, WalletConnect will launch WalletConnect Token (WCT) – a utility and governance token for the network.
WCT has 4 main functions:
+ Fees: Pay for future connection services (based on MAU - Monthly Active Users),
+ Staking: Stake to earn rewards and maintain network stability.
+ Rewards: 17.5% of the initial supply to reward efficient wallets, apps, and nodes.
+ Governance: Hold WCT to participate in voting on significant changes in the network.
Stake your WCT today at: staking.walletconnect.network to participate in the protection and operation of the WalletConnect network.
Staking allows you to earn an APY reward of up to 22.7%, contributing to decentralization, and becoming a part of the future Web3 connection infrastructure.
WCT Tokennomics.
Total supply: 1 billion WCT.
+ 27% allocated for WalletConnect Foundation – used to support ecosystem development, funding, and establishing strategic partnerships.
+ 18.5% allocated for airdrop, rewards for users, wallets, decentralized applications, operational nodes, and other active contributors.
+ 18.5% allocated to the development team, as a long-term reward recognizing contributions and commitment to the project.
+ 17.5% allocated as rewards for the network, including staking incentives and encouraging the effective operation of nodes, wallets, and applications.
+ 11.5% allocated for early investors, who have supported and accompanied the project from the early stages.
+ 7% specifically allocated for core technical development, including protocol upgrades and related modules to ensure the network remains stable and modern.
Hype fundraising and community interest
WalletConnect raised $10 million from the community and partners in just a few days, including:
CoinList Round:
+ More than 18,000 people from over 100 countries.
+ Raised $15.5 million (against a target of $4 million).
Bitget LaunchX:
+ $326 million committed for a goal of only $4 million.
+ 67,000 participants
Echo Private Sale:
+ $500 thousand spent in just 11 seconds.
This tremendous interest shows that the community has high expectations for the long-term success of the network.
Technical roadmap & decentralization.
+ 2023: Launch of version v2, preparing for decentralization.
+ 2024: Deployment of decentralized operational nodes.
+ Future: Permissionless, community-owned network – the community owns and votes on every significant change.
+ Currently, the network operates with support from 16 major node partners such as: Consensys, Ledger, Figment, Everstake, Nansen...
Why should you pay attention to WalletConnect?
In the volatile world of Web3, trust and sustainability are the most valuable assets. WalletConnect is not just a "meme narrative" or a "trend-following token" — it is real infrastructure, with real users, real data, and operating on a global scale.
Whether you are a user, developer, or investor, WalletConnect deserves to be an important part of your watchlist and portfolio building.
$WCT @WalletConnect #WalletConnect
