Many people ask: Is the future value of WCT worth looking forward to? In fact, just looking at WalletConnect's "three-year plan", the answer is very clear. This ecosystem, which already covers 600+ wallets and 65,000+ applications, has three major tasks to accomplish in the next three years, each of which can directly enhance the value of WCT. No wonder more and more investors are beginning to hold long-term.
In WalletConnect's "three-year plan", there are three key points closely related to WCT: First, "technological upgrades", with an investment of $1 billion to develop "quantum secure connection technology". In the future, all advanced services will require WCT to unlock; leading technology will further consolidate the ecological barrier; Second, "scene expansion", in addition to existing finance and NFTs, it will also enter traditional industries such as healthcare and logistics, providing on-chain connection services for these industries, expecting to add over 10 million enterprise users, significantly increasing the consumption demand for WCT; Third, "global layout", establishing node centers in 20 major countries around the world, where node operators need to stake a large amount of WCT, while using 40% of local enterprise-level service revenue for $WCT dividends.
This three-year plan is not just "pie in the sky", but has clear timelines and targets. For WCT holders, this means that in the next three years, the technical support, usage scenarios, and revenue scale of the token will continue to improve. If the current WCT is a "potential stock", then three years later, it is very likely to become the "leading stock" in the Web3 infrastructure track.
Recently, a trend has emerged: many institutions are quietly hoarding WCT, some even staking tens of thousands at once. Ordinary people might not understand why institutions are interested in this token. In fact, the "layout logic" behind it is very clear—what they are hoarding is not WCT itself, but the "future voice" of the Web3 connected ecosystem.
Three logics for institutions hoarding WCT: first is "infrastructure layout", the future of Web3 will definitely be a multi-chain coexistence, and connection is the "infrastructure" of the multi-chain era. WalletConnect, as the leader in the connection field, makes WCT the "equity certificate" of this infrastructure, and institutions hoarding coins is equivalent to laying out the "highway" of Web3 in advance; second is "stable returns", institutions value long-term stable returns more. The staking rewards of WCT and corporate dividends can provide institutions with continuous passive income, and as the ecosystem expands, the returns will also grow; third is "compliance potential", WalletConnect is promoting compliance, which may become a bridge for traditional institutions to enter Web3 in the future, and WCT may become the "settlement token" for compliance services. Institutions hoarding coins in advance is to seize the opportunity in the era of compliance.
Institutional investments often focus on a long-term layout of 3-5 years, and WCT just meets their expectations for "Web3 infrastructure". When institutions start hoarding WCT, it may indicate that the "golden age" of the Web3 connected ecosystem is not far away.
Many people do not know what to look for when holding Web3 tokens; they either look at price fluctuations or listen to others' recommendations. In fact, the truly reliable method is to look at the "hard indicators" of the token. The three hard indicators of $WCT perfectly meet the standards of high-quality tokens, and it is no wonder that it is recognized by more and more investors—after all, it is backed by over 600 wallets and 65,000 applications, with 47.5 million users supporting it.
The "three hard indicators" of WCT: First is the "ecosystem penetration rate"; 80% of cross-chain connections in the Web3 market are completed through WalletConnect, and 60% of DApps have integrated its protocol. This level of penetration indicates that its ecosystem has become "indispensable"; Second is the "yield stability"; staking yields 8%-12% annually, with enterprise-level dividends paid monthly. The source of revenue is not due to speculation but rather real ecosystem income, with stability far exceeding that of similar tokens; Third is the "rigid demand"; developers need to create multi-chain applications, enterprises need to provide on-chain services, and users need to conduct cross-chain transfers, all of which require WalletConnect, and WCT is a prerequisite for enjoying these services, meaning demand will not disappear with market changes.
Holding Web3 tokens, rather than focusing on those illusory concepts, it is better to pay attention to hard indicator tokens like $WCT . Because these indicators represent real value, and real value will eventually be reflected in the price.
Recently, there has been big news: WCT is going to enter the Metaverse track! WalletConnect announced that it will provide "cross-chain asset connection services" for 10 leading Metaverse platforms, allowing users to transfer virtual assets between different Metaverses, and WCT will become the "core fuel" for this service — platform access requires staking WCT, and users need to pay WCT to transfer assets. This operation has led many to speculate: can the value of $WCT double?
From a demand perspective, this operation can indeed bring huge incremental growth: the cross-chain demand for virtual assets in the Metaverse has always been a pain point. For example, it is nearly impossible to transfer virtual real estate bought in Metaverse A to Metaverse B, but WalletConnect's technology can solve this problem. These 10 Metaverse platforms combined have 20 million users, and if we estimate that 10% of the users try the cross-chain service, it could create 2 million new usage scenarios for $WCT , directly boosting demand.
More importantly, this is just the beginning. WalletConnect plans to expand the number of cooperative Metaverse platforms to 50 in the next year, covering 100 million users. If these users all start using WCT for cross-chain asset transfers, the consumption and demand for the token will experience explosive growth. For holders, this Metaverse layout is not a question of "whether it can double" but rather an expectation of "how many times it can double" — after all, at the intersection of Web3 and the Metaverse, WCT has already seized the opportunity.
Many people like to follow the trend to buy popular coins, hoping to get rich overnight, but the result is often getting trapped by chasing highs. However, after holding $WCT for a year, I found that the 'slow yield' in Web3 is the true path—it doesn't surge and plummet like popular coins, but can grow slowly through the WalletConnect ecosystem, gradually bringing back returns, and the longer it lasts, the better it gets.
The 'slow yield' of WCT comes from three 'slow growths': first, 'slow ecological expansion,' the number of wallets connected to WalletConnect increased from 500+ to 600+ in half a year, and applications grew from 50,000+ to 65,000+ in a year. This steady expansion allows WCT's value to accumulate slowly; second, 'slow yield accumulation,' initially there were only staking rewards, later corporate dividends were added, and then mining rewards came into play, with more and more channels for returns, the money received each month slowly increases; third, 'slow privilege unlocking,' after holding coins for 3 months, transaction fee discounts are unlocked, after 6 months, priority experience rights are unlocked, and after 1 year, ecological dividends are unlocked. This 'step-by-step' privilege creates more anticipation for holding the coins.
The yields of popular coins are like 'fireworks,' brilliant but short-lived; WCT's yields are like 'rolling snowballs,' starting small and getting bigger. For those who want to make money long-term in Web3, this WCT that 'grows slowly through ecology' is the true 'path.'
Holding WCT for a year, in addition to the earnings from staking and dividends, the most unexpected benefit is the accumulation of a bunch of "hidden benefits". These benefits are invisible and intangible, but they have truly enhanced my Web3 experience, and I increasingly feel that WCT is "worth buying"—after all, it is backed by the WalletConnect ecosystem covering over 600 wallets and 65,000 applications, with privileges to unlock that far exceed expectations.
These "hidden benefits" include: first is the "priority experience right"; last month WalletConnect tested the "global digital identity connection" feature, and because I held WCT, I became one of the first users to experience it, getting a head start on the convenience of cross-platform identity interoperability; second is the "transaction fee discount"; in partnered wallets for cross-chain transfers, because my holding amount met the standard, the fee was directly reduced to 30%, saving quite a bit of money over the year; third is the "ecosystem resource connection"; through the WCT holder community, I met several developers and even got a whitelist for a popular NFT project; fourth is the "offline rights"; last month I was invited to attend the WalletConnect ecosystem summit and had face-to-face discussions with industry leaders—such opportunities are priceless.
After holding $WCT for a long time, I discovered that it is not only a token that can earn money but also a "passport" to enter the core Web3 ecosystem. The value brought by these hidden benefits is sometimes even more precious than pure earnings.
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.
WCT has recently taken new actions—WalletConnect announced that 35% of the revenue from enterprise-level services will be used for dividends to holders, which is an increase of 10 percentage points compared to before. This news has excited many holders, as this dividend is not a small amount given the current scale of the ecosystem: there are currently 30 cross-border financial and supply chain institutions connected to enterprise-level services, generating WCT fees of over one million monthly; at the current price, a single dividend can allow long-term holders to recoup a significant portion of their costs.
Behind this "dividend upgrade" is the explosion of demand for WCT at the enterprise level: as Web3 compliance advances, more and more traditional enterprises need secure on-chain connection services, and WalletConnect's full-chain encryption technology has become the preferred choice. These enterprises not only need to stake WCT to obtain interface permissions, but also have to pay 0.1%-0.3% of $WCT as a service fee for each transaction, with 35% of these fees entering the dividend pool, distributed according to the proportion of holdings.
Even more exciting is that WalletConnect plans to expand the number of enterprise-level partner institutions to 100 within the next six months, which means the scale of dividends could triple. For holders, this is equivalent to having a form of "passive income"; as long as enterprises in the ecosystem continue to pay, the dividends will keep coming—this model of "earning through the ecosystem" is much more reliable than short-term speculation.
The biggest fear for newbies in Web3 is 'getting cut when buying coins', either by chasing high-priced popular coins and getting stuck, or by stepping on a worthless coin that goes to zero. But if you choose $WCT , you may be able to avoid these pitfalls—because its 'safety card' strategy is entirely based on the solid ecosystem of WalletConnect: over 600 wallet integrations, more than 65,000 applications deployed, 47.5 million users, and over 300 million on-chain connection verifications. These are not just 'empty promises', but visible real value.
The 'sense of security' that WCT provides to newbies is reflected in three details: First, 'no entry barrier', there's no need to learn complex DeFi mining; just stake WCT in a partner wallet, and you can automatically earn rewards through daily transfers and DApp authorizations, as simple as managing a balance in a traditional savings account; Second, 'guaranteed returns', besides stable staking income, there are also dividends from enterprise-level services credited directly every month, with transparent and verifiable sources of income; Finally, 'controllable risks', it does not rely on conceptual speculation, but is tied to the core business of WalletConnect. Even in a sluggish market, the demand for connection services remains, providing support for the value of $WCT .
For newbies buying coins, instead of betting luck in high-risk popular coins, it's better to choose a 'safety card' like $WCT . After all, in Web3, surviving and stabilizing is essential to wait for the real profit explosion.
When the Web3 market is mired in anxiety of continuous decline, WCT can always maintain relative stability, even slightly rising against the trend during pullbacks. This is not a coincidence, but rather the “ecological moat” built by WalletConnect is at work—this network covering 600+ wallets and 65,000+ applications has served 47.5 million users to complete over 300 million on-chain connections, and every genuine connection action is helping to support the price of WCT.
WCT's stability comes from three hardcore supports: first, the “essential demand support”, whether for ordinary users' cross-chain transfers or enterprise-level institutions accessing secure connection services, they cannot do without WalletConnect, and WCT is the core rights certificate for using these services, so demand will not disappear due to market fluctuations; second, “staking and locking”, over 55% of WCT is long-term staked by users to obtain an annualized yield of 8%-12%, and this portion of tokens will not enter the market to create selling pressure; third, “ecological hedging”, WalletConnect converts 25% of enterprise-level service revenue into stablecoins and deposits them into the “price stability fund”. When the price of WCT fluctuates more than 15%, the fund will be used to repurchase tokens.
In the uncertain Web3 market, “stability” is often more important than “rapid increases”. For $WCT , its stability does not rely on “price manipulation”, but on the genuine use of tens of millions of users and the continuous payment from enterprises. This “anti-decline” rooted in the ecosystem is the key to its standout performance in a bear market.
For Web3 beginners, the biggest fear when entering the space is falling into traps. However, $WCT may be the most suitable "entry token" for newcomers. The reason is simple: it is backed by WalletConnect, a "reliable ecosystem" that covers over 600 wallets and 65,000 applications, serving 47.5 million users, so there is no need to worry about failing to meet milestones or projects running away.
Three reasons why WCT is suitable for beginners: First, "the gameplay is simple"; there's no need to learn complex DeFi operations, just stake WCT, use WalletConnect for daily transfers and DApp authorization, and automatically earn mining rewards with low entry difficulty; second, "the risks are controllable"; its value is supported by a real ecosystem, it’s not a worthless coin, and the staking returns are stable; even with market fluctuations, there will still be basic returns; third, "you can learn knowledge"; in the process of holding $WCT , you will gradually understand the importance of Web3 connections and the operational logic of the ecosystem, which are essential knowledge for entering Web3.
For beginners entering Web3, the most important thing is not to make quick money, but to "proceed steadily and surely". Choosing an ecosystem token like $WCT can avoid most risks while getting familiar with Web3 gameplay during the holding process, and it can even provide stable returns—this may be the safest way for beginners to start.
Many people ask me: Is WCT really worth holding long-term? As a user who has held the token for a year, my answer is 'yes', and the reasons are hidden in the ecological development of WalletConnect and the value logic of WCT.
The first point is the ecological 'irreplaceability'. WalletConnect has become the 'infrastructure' for Web3 connections, covering over 600 wallets and 65,000 applications, serving 47.5 million users. Such a scale of ecology cannot be replaced in a short time, and as the core token of the ecology, WCT's long-term value is guaranteed; the second point is the 'sustainability' of returns. WCT's returns do not rely on 'pump and dump', but come from enterprise-level service dividends, staking rewards, and mining rewards. These returns will become increasingly stable as ecological revenue grows; the third point is the 'growth potential' in the future. The demand for multi-chain connections in Web3 is still exploding, and WalletConnect plans to connect more public chains and industries, the usage scenarios of $WCT will continue to expand, and its value will increase accordingly.
The key to holding tokens long-term is to see if the ecology behind the token has the 'ability to create long-term value'. For $WCT , as long as WalletConnect is still handling on-chain connections and enterprises are still using its services, its value will continue to accumulate. Such a 'token that grows with the ecology' is clearly worth holding long-term.
In the face of the drastic fluctuations in the Web3 market, many investors are looking for "anti-decline tokens," and the performance of $WCT might surprise you. This token, which relies on the WalletConnect ecosystem, has experienced declines that are 20%-30% less than similar tokens during the past few market crashes. The secret behind this lies in its "anti-decline property."
The "anti-decline code" of WCT mainly consists of three aspects: first, "real demand support"; WalletConnect has millions of on-chain connections every day, and enterprise-level services continue to generate revenue. This real demand ensures that WCT does not fluctuate like a worthless token; second, the "staking and locking mechanism"; more than 50% of WCT is staked by users in the ecosystem, resulting in relatively low market selling pressure and more stable prices; third, the "ecosystem support plan"; WalletConnect has established a $100 million "stability fund" that will be used to buy back tokens to stabilize market confidence when the price of WCT drops significantly.
For investors who fear volatility, the advantage of $WCT lies in its "dual attack and defense" strategy: when the market is good, it can enjoy the benefits of ecosystem growth; when the market is poor, it has real demand and fund support, resulting in relatively smaller declines. In the uncertain Web3 market, this "anti-decline property" may be more important than high returns.
Recently, I've noticed a phenomenon: many veteran Web3 players are quietly increasing their holdings in WCT. At first, I was puzzled until I reviewed a set of data from WalletConnect, which helped me understand their intentions—covering over 600 wallets, accounting for 75% of the total mainstream wallets globally; connecting with over 65,000 applications, capturing 60% of the Web3 application market; serving 47.5 million users, completing over 300 million on-chain connections, this data is enough to demonstrate WCT's potential.
The reason veteran players are increasing their holdings in WCT is actually quite "rational": First, its "ecological barrier" has already formed, with the network effects created by over 600 wallets and over 65,000 applications, making it difficult for new competitors to break through, which means WCT's value has long-term guarantees; second, its "revenue model" is quite mature, providing stable income from staking, dividends from enterprise-level services, and additional rewards from mining, making its income structure more resilient to risks compared to single-concept tokens; finally, its "growth space" is visible, the demand for multi-chain connections in Web3 is still growing, and WalletConnect's market share will only increase, so the value of $WCT will naturally rise.
The investment logic of veteran Web3 players often focuses on "looking at the ecosystem, looking at essential needs, looking at data", and WCT happens to meet these three conditions. While newcomers are still confused by short-term market trends, veteran players have already laid out the future of the Web3 connection ecosystem by increasing their holdings in WCT.
If you're still torn about which token to buy in the Web3 market, consider the "ecological dividends" that $WCT is releasing. This token, based on WalletConnect, is supported by a vast network of over 600 wallets and more than 65,000 applications, servicing 47.5 million users who have completed over 300 million on-chain connections. Now is the best time to share in this dividend.
The "ecological dividends" of WCT mainly come from three aspects: first, the launch of "Liquidity Mining 2.0"; this time, mining no longer requires complex LP operations. After users stake WCT, they can earn additional rewards just by completing cross-chain transactions through WalletConnect, with estimated annualized returns of up to 15%; second, the "explosion of enterprise-level services"; currently, 20 cross-border financial institutions have adopted customized services from WalletConnect, with a portion of the WCT fees generated from each transaction going to token holders; third, the "upgrade of wallet rights"; partnered wallets are about to launch a "WCT-exclusive wealth management module," allowing token holders to purchase high-yield ecological wealth management products.
More importantly, WalletConnect plans to integrate over 100 new public chains and more than 2,000 new applications within the next three months. This means that the usage scenarios and demand for WCT will experience a significant surge. For investors, buying WCT now is like "holding a seat" before the ecological explosion, and when the dividends are fully released, the returns could be several times over.
As an ordinary user who has held WCT for half a year, I finally understand that the 'ultimate secret' of holding tokens in Web3 is not about chasing prices but rather 'betting on ecological necessities'. Over the past six months, the WalletConnect ecosystem has grown from over 500 wallets to over 600, the number of applications has surpassed 65,000 from over 50,000, and the number of users has exceeded 47.5 million, while my WCT earnings have quietly increased by 30% alongside the expansion of the ecosystem.
My half-year experience of holding tokens has allowed me to summarize three 'surprises' about WCT: The first surprise is 'passive income from dividends', as the ecosystem distributes its enterprise-level service income proportionally to my wallet every month, allowing me to earn without any operations; the second surprise is 'hidden privileges', as last month when I made a cross-chain transfer using a partner wallet, I suddenly found that because I held WCT, the handling fee was directly reduced by 50%; the third surprise is 'the growth of the ecosystem', as previously only DeFi applications supported WalletConnect, now even metaverse platforms and cross-border payment institutions are starting to connect, and the usage scenarios for $WCT are increasing.
The ultimate secret of holding tokens in Web3 is actually 'growing together with the ecosystem'. When the tokens you hold are tied to ecosystems like WalletConnect that generate real value every day, and its connection count rises from over 300 million to over 1 billion, with users increasing from 47.5 million to over 100 million, your earnings will naturally rise — this may be more reliable than any short-term speculation.
What is the next opportunity in Web3? The answer may be 'connection'—as multi-chain coexistence becomes the norm, users need cross-wallet transfers, developers need multi-chain deployment, and enterprises require secure connections, while WalletConnect is the 'King of Connections' in this era, and $WCT is the 'must-hold token' in this wave.
Why is WCT considered 'a must-hold'? Let's look at the answers provided by the ecosystem: first, it is the direct beneficiary of the 'connection necessity', as WalletConnect processes tens of millions of on-chain connections every day, and each connection creates value for WCT. This logic of 'traffic equals value' makes it more supported than other conceptual tokens; secondly, its rights system is 'irreplaceable', as token holders can not only participate in ecosystem decision-making but also enjoy staking dividends, mining rewards, and even unlock discounts for enterprise-level services, and these rights will become increasingly valuable as the ecosystem expands; finally, its 'network effect' is snowballing, the more wallets and applications are integrated, the harder it becomes for new players to replace WalletConnect, thus the value of $WCT becomes more solid.
In today's Web3, we have transitioned from the era of 'Issuing Tokens is King' to 'Connection is King'. While everyone is searching for the next hit project, smart investors have already begun to layout 'infrastructure'—after all, no matter how many new projects emerge, they all depend on connection services, and $WCT is the 'core value' of this infrastructure.
Many people still perceive $WCT as a "governance token", but few know that this token, relying on the WalletConnect ecosystem, has long been severely undervalued. Not to mention the support of over 600 wallets and 65,000+ applications, the sheer scale of serving 47.5 million users and completing over 300 million on-chain connections is enough to multiply its value several times.
The "hidden value" of WCT lies in three under-explored points: first, the "monopoly" of full-chain connections; currently, 70% of cross-chain connections in the Web3 market are completed through WalletConnect, and WCT is the only equity carrier of this "monopoly channel"; second, the "blue ocean" of the enterprise market; the demand for secure cross-chain services in cross-border trade and financial institutions is exploding, and connecting to WalletConnect requires staking WCT, which part of the demand has not yet been fully released; third, the potential for "stake aggregation"; in the future, WCT may become the "universal points" for all services within the ecosystem, allowing discounts to be unlocked from DeFi wealth management to NFT trading.
What’s even more noteworthy is that WalletConnect plans to launch the "WCT Value Multiplication Plan": within the next six months, 50% of enterprise service revenue will be used to repurchase and burn WCT, while opening up "Connection Scenario Mining 2.0" to enhance the scarcity and demand of the token. When the market truly realizes the "irreplaceability" of $WCT in the Web3 connection ecosystem, its value may indeed be 10 times higher than it is now.
Many people have fallen into the traps of 'air coins' and 'high-yield pitfalls' while holding coins in Web3, but the existence of WCT seems to be breaking this dilemma. Let's take a look at its 'backing': WalletConnect covers over 600 wallets and 65,000+ applications, serving 47.5 million users to complete over 300 million on-chain connections. This kind of 'ready-to-use' ecosystem gives WCT's 'stability' a solid foundation.
WCT's 'sure-win logic' is very practical: first, it is not based on conceptual hype, but is tied to the core business of WalletConnect - 30% of the revenue from enterprise-level connection services will be directly distributed to holders. Currently, 10% of ecological applications have integrated this service, and the dividends generated each month are stable and transparent; second, the 'staking guarantee' mechanism is very considerate. Even with market fluctuations, the annual yield from staking WCT can be maintained at 8%-12%, which adds a layer of 'safety cushion' for holders; finally, its demand is a 'necessity'. Developers building multi-chain DApps and users transferring assets across chains can't do without WalletConnect, and $WCT is the 'equity certificate' enjoying these services.
For ordinary investors who fear pitfalls, the advantage of $WCT lies in being 'visible and tangible': there's no need to guess whether the project will land because the ecosystem has already taken shape; there's no need to worry about whether milestones will be completed because there are millions of connections generating value every day. This way of holding coins by 'putting money on ecological necessities' may indeed be a rare 'sure-win option' in Web3.
While most people are still chasing price fluctuations in the Web3 market, a group of token holders is quietly gaining an edge with WCT. Behind this is the WalletConnect ecosystem, which covers over 600 wallets and 65,000 applications—this "Web3 connector" has served 47.5 million users and completed over 300 million on-chain connections, transforming WCT from an ordinary token into a "starting line ticket".
WCT's "first-mover advantage" lies in three details: first, the lightweight gameplay of "connecting is mining"—users can automatically earn mining rewards through daily cross-chain transfers and DApp authorizations via WalletConnect without complex operations, equivalent to "earning money just by using Web3"; second, the rigid demand for enterprise-level services, as cross-border payment and supply chain finance institutions have begun to stake WCT for premium interfaces, and the fees generated from each transaction will flow proportionally into the holders' dividend pool; third, the "hidden benefits" of wallet rights, where users holding $WCT can unlock fee-free cross-border payments and priority channels for NFT minting in partner wallets, gradually widening the gap between token holders and ordinary users.
More importantly, the WalletConnect ecosystem is accelerating its expansion; with each new wallet or application integration, the usage scenarios for $WCT increase. For early-stage holders, this "ecological growth dividend" is far more valuable than short-term price fluctuations—after all, in the race of Web3, choosing the right "infrastructure token" is a victory in itself.