WalletConnect is an on-chain UX ecosystem powering more than 40,000 decentralized apps and over 600 wallets across nearly all operational blockchain networks. It enables users to seamlessly and securely connect to dApps using any wallet supported by the platform via both desktop and mobile.
Wallet Connect is powered by the native token $WCT main utility of which is to reward node runners, staking, voting on the percentage of fees the platform will be changing for its services, and accessing its governance layer.
According to the CoinDesk post, the WalletConnect crypto startup closed a $1.25M Seed early in 2021 from a 1kx crypto fund.
1 year cliff then 4-year unlock