WalletConnect Network is leading the innovation in Blockchain connection technology. This network is not just a simple tool, but a vast ecosystem that serves as an efficient communication hub, seamlessly connecting numerous Wallets and decentralized applications (dApp).

The development direction of this network is remarkable. It is moving towards the goal of complete Decentralization and will adopt a fully open model in the future. This means that anyone can participate in the construction and maintenance of the network, jointly building a more powerful connected ecosystem.

The natively launched Connect Token (WCT) from WalletConnect will play an important role in this ecosystem. The functions of WCT cover multiple aspects:

First, it will empower holders with the authority to participate in network governance. By holding WCT, users can vote on the development direction of the network, including important decisions such as the priority of feature upgrades and rule adjustments.

Secondly, WCT offers a staking mechanism. Users can earn rewards by staking tokens, which is similar to deposit interest in traditional finance, providing holders with an additional source of income.

Furthermore, WCT will become the core of the incentive mechanism. Participants who contribute to the network, such as node operators and developers, will receive WCT as a reward, which helps attract more talent to participate in the construction of the network.

Finally, WCT may become a medium for payment network usage fees in the future, providing economic support for the long-term sustainability of the WalletConnect Network.

With the continuous development and improvement of the WalletConnect Network, it is expected to become a key infrastructure connecting the entire Blockchain ecosystem, driving the industry toward a more open and interconnected direction.