WalletConnect to Airdrop 185M $WCT with New Token Launch
WalletConnect will launch its native token, $WCT, on Optimism’s OP Mainnet, airdropping 185M tokens to users starting September 24.
Key points:
- New token launch: WalletConnect introduces its native Connect Token ($WCT).
- Airdrop size: 185M $WCT tokens will go to eligible users.
- Eligibility: Users must connect their wallet, GitHub, and email to register.
- Non-transferable tokens: $WCT will remain locked for transfer until 2025.
- Community governance: The WalletConnect Foundation will oversee the network’s transition to decentralization.
WalletConnect’s Big Move with WCT Token Launch:
WalletConnect, the popular web3 communications protocol, is launching its native token ($WCT) on Optimism’s OP Mainnet.
This token will support the platform’s move toward decentralization. A total of 185M $WCT tokens will go to users as part of an airdrop starting on September 24.
These tokens will play a key role in the governance and economic framework of WalletConnect.
To qualify for the airdrop, users must connect their wallets, GitHub accounts, and provide an email address. Eligibility requires active WalletConnect use or contributions to open-source projects.
Sanctioned wallets and IP addresses are disqualified. The first airdrop season ends on October 11. Future seasons will offer more opportunities for users who miss this round.
Read more: Double your crypto? Sanctum tries a new airdrop strategy
$WCT tokens will initially be non-transferable, focusing on network stability. Transferability may be activated through community governance, potentially by 2025.
The WalletConnect Foundation will guide this decentralization process, ensuring the network’s security and growth. Founder Pedro Gomes believes $WCT will drive further growth and partnerships.
