WCT (Waves Community Token) is a token created on the Waves blockchain platform to support and incentivize community-driven projects. It was initially distributed to Waves token holders to promote engagement and participation within the ecosystem. WCT holders were given voting rights and could influence the ranking and visibility of new projects launching on the Waves platform. This helped build a decentralized, community-led evaluation system. Although the token had significant utility during its early days, its relevance has decreased over time due to changes in the Waves ecosystem. However, it remains a historical example of how community tokens can encourage decentralized governance and active involvement in blockchain development.

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