#walletconncet
WalletConnect Token (WCT) is the utility and governance token of the WalletConnect network – one of the most widely used Web3 protocols. WalletConnect allows users to easily and securely connect their cryptocurrency wallets to decentralized applications (dApps) without the need for browser extensions or complex setups.
This protocol uses QR codes or deep links to create an encrypted connection between the wallet and the dApp. Although launched in 2018, WCT was introduced later to promote decentralization and encourage participation in the network. Users who own WCT can contribute to the governance and development of the Web3 ecosystem.