The QR code authorization login for WalletConnect should be the first major entrance for web3. It is an open-source protocol that seamlessly connects encrypted wallets with decentralized applications (dApps). It already supports over 150 blockchain networks and 500 wallet applications. Simply scan the QR code to easily connect without exposing private keys or personal information. It is a must-have tool for everyone on mobile devices. Since 2018, there have been 45 million users, and over 90% of them have probably used the function of scanning codes to connect to wallets. From DeFi mining, to NFT authorization, cross chain, and so on, it is the most convenient entrance. With the penetration of Web3 into the public, "QR code connection" will become the core touchpoint for traditional user conversion - imagine offline activities scanning codes to connect to DApps, e-commerce platforms scanning codes to complete on chain payments, this is the "traffic entry matrix" that WalletConnect is laying out. WCT token function The WalletConnect Token (WCT) is a core component of the WalletConnect network, which builds an on chain user experience ecosystem of "payment reward staking governance" by incentivizing the joint participation of users, applications, and wallet developers. This token has four core functions: 1. Payment Fees WCT will be used to pay for network service fees, ensuring the long-term sustainable development of the network. 2. Reward mechanism 17.5% of the initial supply WCT was allocated to incentivize network participants in the first few years. 3. Staking WCT holders can pledge tokens to support the stability and sustainable development of the network, and receive corresponding rewards. 4. Governance WCT holders can participate in network governance, including proposing, discussing, and deciding on key issues such as fee structures and reward allocation schemes. WalletConnect is a real infrastructure tool that enables web2 users to smoothly migrate to web3. Unlike other projects that are completely castles in the air, relying on a large user base and using a traffic entry matrix to achieve commercialization is a natural thing