Airdrop is a golden opportunity for investors to get hold of the free tokens. It is a marketing strategy used by the companies to promote their tokens among the interested community and investors. WalletConnect is going to airdrop 185 million tokens to the community. Do you want to know more details about the airdrop? We will guide you to claim your share in the WalletConnect token airdrop. Read on to get more details of the airdrop.
Let us get started:
WalletConnect: Project Overview
WalletConnect was launched in 2018 as a decentralized open-source protocol that allows communication between wallets and decentralized applications. Ethereum and other blockchains widely use this protocol to provide uninterrupted connections between users and decentralized applications. It supports a wide range of wallets and applications. The project creates a connection between the user wallet and decentralized application through deep linking and encrypted QR codes. Scanning the QR provides access.
WalletConnect Token: Details
The native token of the wallet is called Connect. The supply of connecting tokens is limited as it is capped at 1 billion. WalletConnect Foundation gets 27% of the total supply and 18.5% will be distributed through airdrop to users and other contributors. The rest is reserved for the project team, previous backers, and other core development programs. At the time of launch, WCT will be nontransferable. This is to ensure the availability of tokens in the ecosystem and for the long-term development as well as the stability of the wallet Connect network. Transferability will be introduced only after testing all token functionality.
Connect Token: Distribution Details
27% – WalletConnect Foundation
18.5% – Airdrop
18.5% – Team
17.5% – Rewards
11.5% – Previous backers
7% – Core devel
How to claim WalletConnect Airdrop?
Do you want to know the process of participating in the WalletConnect Aidrop? Here is the guide for your participation:
Step 1: Visit the WalletConnect airdrop website and collect all the necessary details about the airdrop.
Step 2: Use your mobile wallet or Connect with the WalletConnect QR code.
Step 3: Click on “Register Here” to create your profile and Connect your wallet address.
Reminder: Ensure that you have completed your registration before the airdrop date. After the airdrop, WalletConnect will announce the result. Always rely on trustworthy links and websites. Do not navigate to any suspicious websites. Double-check the authenticity of the website you are visiting. Stay away from scams.
What is the eligibility for participating in Walletconnect Airdrop?
The user’s eligibility will be classified according to some specific criteria. The system will detect the number of connections to decentralized applications through the walletConnect Protocol. You can follow their social media handles for better understanding.
WalletConnect Airdrop: Launch Date
Registration for the WalletConnect Airdrop will start in October and the deadline is November. Check on time to claim your rewards in the process.
Is the WalletConnect Airdrop Free?
Yes, the WalletConnect Airdrop is absolutely free of cost. You can easily take part in the event without an upfront investment. All you need to do is maintain the passion for the platform and the project. Professional investors make the most out of this opportunity.
WalletConnect Airdrop: Why Should You Participate?
You should not miss this opportunity as the airdrop comes with various benefits. Transform your crypto journey to the better by participating in the WalletConnect Airdrop. Here are some reasons to participate in the WalletConnect Airdrop:
No investment: You do not have to worry about the investment budget. Passionate investors with no budget can participate in the airdrop.
Networking: You get the chance to connect with other investors. Networking within the crypto community can be beneficial for you.
Rewards: They are distributing substantial rewards for active participants. You can easily avail them too.
Diversity: It is always advised to maintain diversity within the crypto holdings. If you grab the token, this can help you have a part of the project. Reduce your crypto investment risk with the smart move.
Final Thoughts: WalletConnect Airdrop
Millions of users have been using walletConnect as a connectivity protocol and it has been a primary connection medium for decentralized applications. Now to empower its community of users, applications, and wallets WCT tokens have been introduced. The main aim of the upcoming airdrop is not only to reward dedicated users but also to create a community base on which the project can move forward. Participation in an airdrop should be done after your research. Ensure the credibility of the websites and applications before you begin. Make sure you have all the necessary details before participating in the WalletConnect Airdrop. Good luck!
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