As Web3 continues its rapid expansion, one fundamental challenge remains: creating a seamless, secure connection between wallets and decentralized applications (dApps). WalletConnect, launched in 2018, has become a trusted infrastructure provider, addressing this need by enabling real-time, secure blockchain interactions at scale
๐ท๐๐๐๐๐ ๐จ๐ ๐๐๐๐๐๐ ๐๐๐ ๐ฎ๐๐๐๐๐ ๐น๐๐๐๐
WalletConnect now powers:
โข Over 20 million secure connections monthly
โข More than 45 million users globally
โข Support for 61,000+ dApps and 700+ wallets across all major blockchains
It is relied upon by top-tier platforms and users worldwide to facilitate critical Web3 activity.
๐๐๐ฏ๐๐ง๐๐ข๐ง๐ ๐๐จ๐ฐ๐๐ซ๐๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ง๐ญ๐ซ๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
With the release of Version 2 in 2023, WalletConnect introduced major upgrades in performance and cross-chain capabilities. By 2024, the integration of node operators brought the network closer to its vision of full decentralization.
Supported by industry leaders such as Consensys, Ledger, and Nansen, WalletConnect is evolving beyond a protocoltransforming into a decentralized, permissionless infrastructure layer at the core of the Web3 ecosystem.
๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ข๐ง๐ $๐๐๐ โ ๐๐ก๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐จ๐ค๐๐ง
The WalletConnect Token ($WCT ) is central to the networkโs decentralized architecture, offering four key functions:
โข Fee Payments WCT will be used to pay for services based on Monthly Active Users (MAU)
โข Staking Token holders can stake WCT to secure the network and earn rewards
โข Governance Enables community participation in decisions around protocol upgrades and fee structures
โข Incentives 17.5% of WCT is allocated to reward apps, wallets, and node operators based on performance
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ง๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐จ๐ค๐๐ง๐จ๐ฆ๐ข๐๐ฌ
$WCT has a total fixed supply of 1 billion tokens, allocated to support the long-term success and sustainability of the network:
โข WalletConnect Foundation โ 27%
โข Airdrops โ 18.5%
โข Team โ 18.5%
โข Rewards โ 17.5%
โข Early Backers โ 11.5%
โข Core Development โ 7%
๐๐ฆ๐ฉ๐จ๐ฐ๐๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฆ ๐๐๐ฒ ๐๐ง๐
Through the Token Community Round, early supporters are invited to access WCT at fair valuations consistent with private rounds without any lock-up restrictions. This initiative ensures the WalletConnect community remains at the forefront of its journey toward decentralization.
WalletConnect is more than a protocol it's becoming the essential backbone of onchain connectivity for the decentralized internet.
