In the Web3 ecosystem, if the blockchain is compared to land, then WalletConnect is the underground infrastructure network. Since 2018, it has quietly achieved interoperability among over 600 wallets and 65,000 decentralized applications (DApp), serving the daily on-chain activities of 47.5 million users, including transfers, transactions, and application usage.

Although 'connection' seems simple, the security encryption in cross-chain operations and the compatibility adaptation between different protocols are technical challenges. WalletConnect's end-to-end encryption technology ensures the security of user private keys, while its full-chain interoperability addresses the difficulties of asset transfer in a multi-chain environment, all of which are key foundations for the large-scale application of Web3.

Recently, WalletConnect's native token $WCT has been launched on the Optimism and Solana networks. This allows users to participate in protocol governance and earn rewards through staking. More importantly, considering its large user base and application ecosystem, if there are breakthroughs in its business model in the future, such as developing value-added services or establishing corporate partnerships, its revenue potential will be substantial.

As an indispensable infrastructure in the Web3 world, WalletConnect has vast development potential. With the advancement of its commercialization process, we can expect to see more innovative services and collaboration models emerge, which will not only bring in more revenue but may also promote the further development and maturity of the entire ecosystem.