Don't be confused, what exactly is $WCT ? You will understand after reading this article!
In simple terms, WCT is the 'child' token of the WalletConnect project! The WCT you often see on Binance is it. It is based on Ethereum technology but runs on the faster Optimism chain, with a total of 1 billion.
So what is this thing useful for? Why is it considered important?
Not a 'one-man show': In the past, the project team had the final say, but now with WCT, you have a voice as you hold it, and together we can decide how the project develops, making it fairer!
Earn 'salary' for work: Those wallets that help run the network, and even users like you and me who actively participate in ecosystem building, have the opportunity to earn WCT rewards, motivating everyone to do a good job!
You have the final say on major matters: Where should the project go in the future? What are the key decisions? If you hold WCT, you can vote! The steering wheel of the project is held together by the community!
The project can 'live' longer: The entire system design allows money to flow back for continued development, promotion, and maintenance, so WalletConnect can keep going strong and become more user-friendly!
