Why is $WCT the only "must-have" in the Web3 connection track?

#WalletConnect @WalletConnect $WCT

There are many players in the Web3 connection track, but why is WCT said to be the only "must-have"? The answer lies in the "absolute advantages" of WalletConnect: covering over 600 wallets, accounting for 80% of the total volume of mainstream wallets globally; connecting to over 65,000 applications, almost covering all popular DApps; serving 47.5 million users, with 7 out of every 10 Web3 users having used its services. This "monopoly-level" ecological scale leaves WCT without competitors in the connection track.

Three reasons why WCT has become a "must-have": first, the "network effect"; the more wallets and applications connected, the harder it is for new players to replace it. For example, if developers want to create a multi-chain DApp, their first choice will definitely be WalletConnect, which supports over 600 wallets, rather than niche protocols. This leads to a growing demand for WCT; second, the "technical barrier"; its end-to-end encryption and full-chain interoperability have been verified through over 300 million connections, with security and stability far exceeding similar products, making enterprise customers more willing to pay for this technology; third, the "unique rights"; all rights to use WalletConnect's premium services can only be obtained through $WCT, be it staking, dividends, or privilege unlocking, there are no substitutes.

In the Web3 connection track, choosing WCT is not a question of "whether to choose" but rather a question of "having to choose". Because it has already become the "infrastructure" of the connection ecosystem, as long as you want to participate in cross-chain and multi-application interactions in Web3, you cannot avoid WCT.