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https://warpcast.com/~/channel/talent
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🧵 🪡 WalletConnect Token (WCT) WalletConnect Token is the native utility and governance token of the WalletConnect protocol, which is a popular open-source Web3 communications protocol used to connect wallets and decentralized applications (dApps). WalletConnect allows users to interact securely with dApps across various blockchain networks using QR codes or deep linking.
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Purpose: The WalletConnect (often symbolized as WALLET) is designed to enable decentralized governance of the WalletConnect protocol and incentivize community contributions. Governance: WALLET holders can participate in protocol governance, including proposals, upgrades, and treasury decisions, allowing the community to shape the future of WalletConnect.
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Utility: Staking: WCT may be used for staking by participants to secure the protocol or gain voting power. Ecosystem: WalletConnect is supported by hundreds of wallets and dApps across Ethereum and other blockchains, making WCT potentially influential in the broader Web3 space.
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What Is WCT? The WalletConnect Token (WCT) serves as the native token of the WalletConnect Network, providing utility and governance functionalities. It is issued on Optimism’s OP mainnet, leveraging Ethereum’s security and Optimism's scalability.
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Tokenomics: • Total supply: 1B • Circulating: 186.2M • WalletConnect Foundation: 27% • Airdrops: 18.5% • Team: 18.5% • Rewards: 17.5% • Previous Backers: 11.5% • Core Development: 7% -ICO & IEO price: $0.2 (40,000,000 $WCT) -Raised $46.25M from Coinbase Ventures, Circle, ConsenSys and others
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Airdrop Details WalletConnect has initiated airdrop campaigns to distribute WCT tokens to early users and contributors: Season 1 Airdrop: Allocated 50,000,000 WCT tokens Eligibility based on past activity and contributions to the WalletConnect Network and associated open-source projects Participants could connect multiple wallet addresses and GitHub accounts to enhance eligibility
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📈 Market Performance As of May 16, 2025, the current price of WalletConnect Token (WCT) is $0.5161 USD, with a 24-hour trading volume of $127,080,945 USD. The token has a circulating supply of 186,200,000 WCT and a maximum supply of 1,000,000,000 WCT.
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@omowumi93 this is all about WalletConnect
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@boyboye
nice , how can I check if I'm eligible
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Alpha
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@horkycs
I didn’t get it
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@adizee
I didn't participate in the airdrop
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Did you get the drop?
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@kollinz
Nice read Any thread contest?
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@ariyike202
Thanks idolo
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@zeenatweb3
did you get the drop?
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@deefarmergirl
Nice thread
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