#Walletconnect $WCT The WalletConnect Network is the onchain UX ecosystem that makes
web3 work by facilitating the use of any wallet across any app and plat-
form. The Network also installed many of web3’s UX standards which
together foster today’s composable and interoperable web3 ecosystem.
WalletConnect today drives much of crypto’s volume for millions of users
across thousands of apps and wallets.
The WalletConnect Network is chain agnostic working across ecosys-
tems from EVM and its L2s, to Solana, Cosmos, Polkadot, Bitcoin and
more. To date it has facilitated 150 million connections for 24 million end
users between over 600 different wallets and 40,000 applications. The next
chapter for WalletConnect is the decentralization of the Network provid-
ing for continued resilience, privacy and censorship-resistance which will
be governed by the WalletConnect Token (WCT). Beyond being a utility
token to enable moving WalletConnect Network towards a permissionless
state, the WCT token aligns web3’s incentives towards, finally, prioritizing
UX.
1 Introduction
The inception of WalletConnect was to solve a User Experience (UX)/Developer
Experience (DX) problem: dapps were written for desktop but many end-users
wanted to use wallets on their mobile phones. Developers wanted a uniform way
to support all users’ wallets. The WalletConnect relay was born together with
the QR code that millions of users in web3 have successfully used to connect their
wallets into the applications they want to use, restoring choice and composability
for the industry.
Further UX/DX problems have shaped WalletConnect since then: enabling
users to use their wallets in mobile apps/mobile browsers, enabling users to use
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IMPORTANT NOTE: The information provided in this whitepaper represents currently
envisioned plans and goals. The strategies, details and goals in this paper are subject to
change due to rapidly evolving technical, legal, regulatory and industry developments. Plans
and goals may need to be quickly changed to adapt to new opportunities.
