WCT (WalletConnect Token) is distinguished by several aspects that make it interesting, especially within the Web3 environment and decentralized wallets. Here are the main advantages of WCT:
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✅ Advantages of WCT:
1. Supported by the widely adopted WalletConnect protocol
WalletConnect is a protocol that connects over 600 wallets and 40,000 decentralized applications (dApps).
WCT directly benefits from this huge ecosystem, giving it functional and economic value.
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2. A tool for decentralized governance
The token grants its holders voting rights on important decisions in protocol development (such as updates, fees, integrations...).
This enhances digital democracy and gives users power over the future of the platform.
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3. Operating the infrastructure (Node Operators)
WCT can be used to operate the Relay Nodes that support connection between wallets and applications.
Node operators are incentivized through WCT rewards, encouraging decentralization.
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4. Balanced incentive model
The token provides returns for its holders through rewards and staking.
Rewards for active users (like Airdrops) help attract the community and stimulate engagement.
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5. Fair and transparent launch
The token has been distributed through:
Airdrop for early adopters
Sold on CoinList at reasonable prices.
This has reduced the opportunities for whale control and allowed wider access for the public.
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6. Flexibility and scalability
Built on the Optimism network (Layer 2), providing:
Low gas fees
High speeds in transactions
Great scalability without compromising security
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7. Ongoing integrations and global expansion
The development team is very active and working on launching new tools like WalletConnect Cloud and Push APIs.
They have partnerships with wallets like MetaMask, Trust Wallet, Rainbow, and others.
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8. Enhanced user experience in Web3
WCT facilitates with the WalletConnect protocol:
Unified sign-on (Sign-In with Ethereum)
Instant transaction notifications
Seamless connection between devices, browsers, and applications.
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9. A distinguished history and community trust
WalletConnect is not a new or unknown project.
Has been trusted by major developers and a strong community since 2018.