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$WCT Coin, or Waves Community Token, is a utility token that was created on the Waves blockchain platform. It was introduced as part of a broader effort to encourage community involvement and decentralization within the Waves ecosystem. The primary purpose of WCT was to reward early supporters and contributors to the platform. Token holders were given voting rights on community decisions, such as project evaluations and developer grants, effectively making WCT a governance tool. This encouraged transparency and democratic participation in platform development. Over time, the role of WCT has diminished due to changes in governance models and evolving priorities within the Waves ecosystem. However, it remains an important milestone in the history of blockchain community tokens, demonstrating how decentralized platforms can incentivize participation and collaboration. As blockchain technology continues to grow, early tokens like WCT serve as examples of how digital assets can be used to build stronger, more engaged communities around open-source projects and decentralized applications.#WalletConnect @WalletConnect
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