WalletConnect announces launch of WCT token, 18.5% will be allocated to the first quarter airdrop
On September 17, according to The Block, the Web3 communication protocol WalletConnect will launch its native token WCT on Optimism. WalletConnect stated that the registration for the WCT airdrop will open on September 24, and the airdrop eligibility will be based on the usage of the WalletConnect network.
WalletConnect CEO Houlgrave said that the initial total supply of the WCT token is capped at 1 billion, of which 18.5%, or 185 million tokens, will be allocated to the first season airdrop. Houlgrave stated that this airdrop will cover WalletConnect's end-users, as well as wallets, applications, nodes, software development kits, and the community that have contributed to the success of WalletConnect.
