WalletConnect (WTC) is the native utility token of the WalletConnect protocol, a widely adopted open-source tool that enables seamless and secure communication between decentralized applications (dApps) and crypto wallets. Instead of relying on browser extensions, WalletConnect allows users to scan a QR code or click a deep link to interact directly with dApps from mobile wallets — enhancing both security and convenience.
Launched in 2018, WalletConnect has become a critical infrastructure layer in the Web3 ecosystem, facilitating millions of secure wallet-to-dApp connections across various blockchains and platforms. With the introduction of the WTC token, WalletConnect is now transitioning into a decentralized network, allowing the community to participate in governance, staking, and supporting the protocol's sustainability.
The WTC token will serve multiple use cases, including:
Governance: Token holders can vote on important proposals related to the future of the protocol.
Staking: Incentivizing node operators and contributors who help maintain the network.
Ecosystem Development: Funding innovative tools and integrations that expand WalletConnect’s functionality.
WalletConnect aims to empower the next generation of decentralized applications by providing a smooth, secure, and privacy-preserving user experience. With the launch of WTC, it takes a major step forward in aligning the protocol with the ethos of Web3: open, community-driven, and censorship-resistant.
As Web3 adoption continues to grow, WTC has the potential to become a core asset in the decentralized internet, enabling users and developers alike to participate in shaping a more connected and self-sovereign digital future.
