Web3 has always promised a future where we own our identity, our assets, and our interactions online. But let’s be honest—it’s been hard to actually use. Wallets are confusing. Apps don’t talk to each other. And most people still can’t connect without asking someone else for help.
I’ve been in crypto long enough to see this problem firsthand.
But I’ve also seen the solution.
It’s called @WalletConnect —and it's quietly been the glue holding this space together since 2018.
I'm Realizing WalletConnect Was the Backbone All Along
You know that “Connect Wallet” button you hit every time you use a dApp? That’s @WalletConnect working in the background.
It links:
700+ wallets (like MetaMask, Rainbow, Trust Wallet)
With over 61,000 apps
Creating 300 million+ secure connections across chains
Right now, over 5 million people rely on it monthly, with 20 million+ sessions lighting up every 30 days.
And until now? It was run by a core team.
But everything’s about to change.
I'm Excited to See It Go Fully Decentralized
The team behind @WalletConnect is rolling out something much bigger:
The @WalletConnect Network — an open, permissionless system powered by the new $WCT token and run by the community.
Instead of relying on a few people to maintain the infrastructure, it’ll be governed and operated by the people who use it.
That includes users, builders, wallets, and even apps.
And they’re not going it alone—some of the biggest players in Web3 are joining the mission:
Consensys
Ledger
Kiln
Figment
Reown
Nansen
Everstake
Arc
They’re helping keep this network strong, fast, and secure.
I'm Glad They’re Putting the Community First
They didn’t just launch a token and walk away.
They opened a Community Round—an early chance to get $WCT, the native token of the @WalletConnect Network, with no lock-up and on the same terms as VCs.
I saw that and thought: “Finally, a project giving power to the people who actually use the product.”
This isn’t just a token sale.
It’s an invite to co-own the most used protocol in Web3.
I'm Breaking Down Why WalletConnect Actually Matters
Let me spell it out in plain English.
It’s the Infrastructure No One Notices—Until It’s Gone
Most of us don’t think about protocols that quietly “just work.” But WalletConnect has become essential to Web3—like TCP/IP was for the internet.
It's chain-agnostic. Open-source. Reliable. And everywhere.
It’s Fixing UX Without Losing the Crypto Ethos
The user experience in crypto has always been rough.
@WalletConnect is finally smoothing it out—while still staying decentralized and permissionless.
And with this upgrade? It’s scaling for the next hundred million users.
I'm Digging into the $WCT Token and What It Actually Does
Let’s talk real utility. Not hype.
Here’s what WCT is designed for:
1. Paying for Services
At launch, there are no fees—but in the future, the network might introduce fair pricing based on usage (like monthly active users). And WCT will be the fuel.
2. Rewarding Builders and Operators
To get this decentralized engine running, the team is rewarding early contributors—wallet devs, app creators, node operators—with performance-based WCT incentives.
3. Staking to Secure the Network
If you believe in the mission, you can stake $WCT.
It helps protect the network and earns you rewards while you’re at it.
4. Voting on the Future
You want a say in how things run?
WCT holders can vote on proposals—whether it’s adding features, changing fees, or updating reward systems.
This is what real community governance looks like.
I'm Looking at the Token Distribution and It Feels Balanced
Here’s how the initial 1 billion WCT tokens are spread:
27% for the @WalletConnect Foundation (grants, growth, ops)
18.5% to airdrop across users, wallets, dApps, node runners
18.5% to the team
17.5% for rewards and incentives
11.5% to early backers
7% for protocol development
It’s designed to grow the network without making it top-heavy or centralized. That’s rare.
I'm Seeing the Big Picture Now
This isn’t just a protocol upgrade.
It’s a full transformation of how we connect onchain.
@WalletConnect is turning from a service into a public good.
If Web3 is going to reach the next level, we need infrastructure that:
Works across ecosystems
Prioritizes UX
Is governed by its users
And runs without permission
That’s what this is.
And with WCT now live, we finally have the tools to shape the future ourselves.
I'm In — Are You?
If you’ve ever connected a wallet to a dApp, you’ve already used @WalletConnect
Now, you have the chance to own a piece of it.
This is more than just a token.
It’s a movement toward a fairer, more usable, and truly decentralized Web3.
You don’t have to wait for the future.
You can help build it.
TL;DR — My Takeaways
@WalletConnect is the invisible infrastructure connecting 700+ wallets to 60K+ dApps.
It’s becoming a decentralized network powered by the WCT token.
$WCT is used for fees, rewards, staking, and governance.
A community round gave early users a fair shot—no lock-up, no VC games.
It’s built and secured by leaders like Consensys, Ledger, and Nansen.
You don’t just use @WalletConnect anymore. You co-own it.