WCT Coin stands for Waves Community Token. It was a cryptocurrency token built on the Waves blockchain.
Short Definition:
WCT (Waves Community Token) was created to reward and engage the Waves community for their participation in development, voting, and supporting new projects within the Waves ecosystem.
Key Points:
It was mainly used for community engagement and rewards.
Over time, its importance and usage have significantly decreased.
It no longer plays a major role in the Waves ecosystem after newer updates.