WalletConnect’s iconic blue symbol appears across all leading apps, allowing their users to link their wallets to apps within seconds. Since 2018, WalletConnect has been the connectivity backbone of the onchain ecosystem, providing a gateway for over 35 million users to connect to thousands of onchain apps more than 240 million times (and counting).
Much like the wider web3 ecosystem, WalletConnect is only as strong as its community. Every individual action taken on the network strengthens its foundation, enabling it to grow and adapt to meet the needs of global users striving for a better onchain UX. Through the cycles and storms of bears and bulls, the resilience and determination of the web3 community have empowered the WalletConnect Network to flourish and solidify its role as the foundational connectivity layer of web3.
The WalletConnect Token LaunchX campaign by BitGet offers WalletConnect’s millions of users and builders another opportunity to play a meaningful role in the development of the network.
What is the WalletConnect Token Listing on LaunchX?
An even playing field is an important priority in the WalletConnect ecosystem, and as the network furthers its commitment to decentralization, it’s important that all developments reflect this principle.
Bitget is offering WalletConnect (WCT) on LaunchX, inviting participants to purchase WCT from a pool of 20 million tokens at a fair valuation in line with recent private offerings.
About the Round
The round will take place on BitGet LaunchX running from February 17th until February 19th. Head to the BitGet WCT LaunchX page to learn more about the details of the sale and prepare your account on BitGet to be able to participate.
LaunchX round details:
LaunchX volume: 20,000,000 WCT (2% of total supply)
Subscription price: 1 WCT = $0.20
Commitment coin: USDT
Individual min commit: 100 USDT
Individual max commit: 10,000 USDT
Subscription hard cap: 50,000 WCT
How does LaunchX work?
- LaunchX uses a commitment–subscription model. A participant's allocation is based on the size commitment the participant made relative to the total value of all commitments. See formula in point 2.
- Bitget LaunchX participants can calculate their allocation using the following formula:
allocation = (individual commitment ÷ total committed amount of all users) × total WCT volume in the current LaunchX campaign.
- Individual commitment cannot exceed the individual max commitment, and individual allocation cannot exceed the subscription hard cap.
A New Chapter in Connectivity
From the start, WalletConnect has bridged gaps in connectivity, enabling technologies to flourish by creating the best onchain UX to access and engage with the onchain ecosystem.
Next? Decentralizing the WalletConnect Network itself. The WCT BitGet LaunchX campaign is a defining step in decentralizing the network and solidifying its role as a cornerstone of the onchain ecosystem. By participating, you’re not only joining a proven technology but becoming an integral part of its continued growth and evolution, and that of the wider ecosystem. WalletConnectooors, it’s time to decentralize the WalletConnect Network - together.
Dive deeper into the WalletConnect Token (WCT) here to learn all about the tokenomics and how WCT is fueling the onchain UX ecosystem.
*Note that transferability for WCT is subject to a community vote and is not yet enabled. See the WalletConnect Network Whitepaper for more information.