WTC, a different kind of token
Web3 projects and products are emerging one after another, but addressing '
From DeFi to NFT, from exchanges to staking, WalletConnect is the pillar of on-chain economic connections—seamlessly bridging wallets, applications, and blockchains.
WCT is precisely that, small but beautiful, and yet addresses the 'pain points' of the market.
Many times, for security reasons, browsers do not import too many wallets, and during interactions, a wallet needs to be connected. Many people have faced this problem, but WCT just happens to solve this pain point seamlessly.
From the data perspective:
Globally, there have been over 275 million connections and 45 million users trusting WalletConnect, supporting their Web3 experience.
Through WalletConnect, over 61,000 applications have connected to more than 600 wallets, covering all blockchain networks.
In just March, WalletConnect facilitated 1.8 billion connections for the top eight Web3 wallets.
Whether it is MetaMask, Polymarket, Trust, Binance, or Jupiter, the presence of WalletConnect can be seen everywhere.
From the endorsement perspective:
WalletConnect has gained support and endorsements from leading institutions both within and outside the industry. Sixteen top node operators, including Consensys, Reown, Ledger, Kiln, Figment, Everstake, Arc, and Nansen, are providing strong support for WalletConnect, ensuring its network has a resilient, scalable, and decentralized infrastructure.
Token economics:
Many recently launched VC coins have been criticized mainly because the tokens are meaningless, but WCT has actually begun to empower.
>1. Payment fees
WCT will be used to pay for network service fees, ensuring the long-term sustainability of the network.
>2. Reward mechanisms
17.5% of the initial supply of WCT was allocated to incentivize network participants in the first few years.
>3. Staking
WCT holders can stake their tokens to support the stability and sustainability of the network and receive corresponding rewards.
>4. Governance
WCT holders can participate in network governance, including proposing, discussing, and deciding key matters such as fee structures and reward distribution schemes.
As the old projects in the market gradually come to an end, more and more junk is exiting the market, and new projects and opportunities are coming into view, $WCT is exactly that, small but beautiful and practically meaningful #WalletConnect @WalletConnect
