You know when WalletConnect hits, it hits hard. This time, the big news comes packed in their native token launch — the Connect Token (WCT) — over on Optimism’s L2, an Ethereum mainnet rollup. It’s no small move either, because they’re dropping a slick 185 million WCT right into the laps of their most loyal users. You’re reading this because you probably wanna know how to get in on this airdrop, so let’s break it down.
WalletConnect’s decentralization journey is picking up pace. The WCT is not just another token; it’s the real deal that’s gonna fuel the entire WalletConnect Network — governance, staking, ecosystem expansion, the whole shebang. You see, it’s more than just money — it’s power. And you want some of that.
Here’s What’s Up with the Airdrop Season 1
First things first, the WCT airdrop registration opens on September 24. You’re gonna need to link up your Ethereum wallet, connect your GitHub, and even toss them an email. But hey, this isn’t just some easy freebie. Only users who’ve been deep in the WalletConnect Network — we’re talking heavy engagement, open-source contribution type of stuff — are gonna make the cut. Oh, and if your IP is on some government watchlist or you’ve got a sanctioned wallet? Yeah, don’t even bother. You’re out.
185 million tokens, that’s the number you wanna keep in mind. It’s 18.5% of the total WCT supply — the rest? Locked and loaded for future seasons. So if you miss out this time, don’t panic. Season 2 is always lurking around the corner, but that’s future you’s problem.
Non-Transferable, But There’s a Catch
This part might throw some of you off — these tokens, right out the gate, are non-transferable. Kinda weird for a token, right? But there’s a reason: WalletConnect wants to make sure the focus stays on network stability, functionality, and that sweet, sweet governance. You can vote, stake, but don’t think about flipping these bad boys for a quick ETH — not yet at least. That privilege? Might not come till 2025.
Who’s Behind the Curtain?
Pedro Gomes is still steering this ship, but with a twist — the WalletConnect Foundation is rolling out. Alongside him, you’ve got Yessin Schiegg (the dude who helped steer Near Foundation’s financial ship) jumping in as CFO. Add to the mix some heavy hitters from ConsenSys, Kiln, Ledger, and Figment running the nodes. It’s starting to feel less like a protocol and more like a movement.
So yeah, WalletConnect is playing the long game. They’re bringing in the big names, launching governance tokens, and turning a simple wallet connect into full-blown web3 infrastructure. Get ready.