WalletConnect is preparing for a large-scale airdrop

Johny Smith

2024/10/05

3 mins read


WalletConnect is a protocol that connects cryptocurrency wallets and decentralized liquidity aggregators. According to representatives of the organization, an industry token based on the Optimism network will soon be launched, as well as a large-scale airdrop.

Initially, the market supply of the WCT token was 1 billion coins, of which 185 million will be distributed to users (more than 18%). To participate in the airdrop, you need to register, connect wallets and link your GitHub account. The ERC-20 storage address will also come in handy. According to representatives of the organization, the 1st season of the airdrop will end on October 11. After this, the distribution of tokens will take place. The contribution of a particular user to the project will be taken into account.

Those investors who qualified for the 1st season will be able to participate in further distributions of the project. With the launch of the token, a special fund will also be organized.

He will control the WalletConnect protocol, ensure growth, security and decentralization. According to the startup, Consensys, Kiln, Ledger, Luga Nodes, 1kx, Figment and Sensei Nodes will be among the first third-party node operators.

The founder of WalletConnect has joined the fund as CEO. Also playing a key role will be Jessin Shigg, who was previously a specialist at the Ethereum Foundation and is now the CFO of the Near Foundation. “Since our founding, we have always strived to make WalletConnect a critical decentralized framework and part of the next generation Internet. Over the past 12 months, our network has grown by more than 240%,” project representatives said. Last March, the startup raised at least $11 million in a funding round.

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