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Chain Gaming Project [Open Loot] (OL) Launches on Major Platform! Celebration Event Kicks Off, Hype …
Latest Updates on Open Loot Open Loot (OL) is now live on BN Alpha Beta. Eligible users with at least 233 BN Alpha points can claim an airdrop of 1,836 OL tokens starting from June 8, 2025, at 06:00 UTC on the Alpha event page. Note that claiming OL will deduct 15 BN Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the opportunity will be forfeited.Introduction to Open Loot Open Loot is an end-to-end solution for launching games with Web3 econom...
Token Trading Becomes OpenSea's New Growth Engine: Can It Successfully Transform Amidst Token Launch…
Business Transformation: OpenSea is shifting from a traditional NFT marketplace to a full-chain integrated trading platform, with token trading emerging as its new growth driver. On October 15, token trading volume hit a record high of $474 million. Change in Trading Structure: Token trading volume has surpassed NFT trading since mid-September. Over the past 30 days, token trading contributed 56.8% of OpenSea’s annual revenue, with the Base chain being the primary contributor. User Participat...
a16z: A Comprehensive Guide to 7 Token Categories—How to Distinguish Network Tokens from Company-Bac…
As token-based network models become increasingly active and innovative, developers are contemplating how to differentiate between various types of tokens—and which token best suits their business. Meanwhile, consumers and policymakers are also trying to better understand the role and risks of blockchain tokens in applications. To help clarify token categories, this article provides definitions, examples, and a classification framework to understand the seven types of tokens that developers m...
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Chain Gaming Project [Open Loot] (OL) Launches on Major Platform! Celebration Event Kicks Off, Hype …
Latest Updates on Open Loot Open Loot (OL) is now live on BN Alpha Beta. Eligible users with at least 233 BN Alpha points can claim an airdrop of 1,836 OL tokens starting from June 8, 2025, at 06:00 UTC on the Alpha event page. Note that claiming OL will deduct 15 BN Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the opportunity will be forfeited.Introduction to Open Loot Open Loot is an end-to-end solution for launching games with Web3 econom...
Token Trading Becomes OpenSea's New Growth Engine: Can It Successfully Transform Amidst Token Launch…
Business Transformation: OpenSea is shifting from a traditional NFT marketplace to a full-chain integrated trading platform, with token trading emerging as its new growth driver. On October 15, token trading volume hit a record high of $474 million. Change in Trading Structure: Token trading volume has surpassed NFT trading since mid-September. Over the past 30 days, token trading contributed 56.8% of OpenSea’s annual revenue, with the Base chain being the primary contributor. User Participat...
a16z: A Comprehensive Guide to 7 Token Categories—How to Distinguish Network Tokens from Company-Bac…
As token-based network models become increasingly active and innovative, developers are contemplating how to differentiate between various types of tokens—and which token best suits their business. Meanwhile, consumers and policymakers are also trying to better understand the role and risks of blockchain tokens in applications. To help clarify token categories, this article provides definitions, examples, and a classification framework to understand the seven types of tokens that developers m...
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OKX launched WCT spot trading on April 15, 2025, boosting liquidity and options. The token surged to $0.5578, delivering 60x returns. Market buzz grew with its debut on major exchanges, though future prices depend on supply/demand, project evolution, and macro factors. Congrats to early adopters!
01. Project Introduction
WalletConnect, founded in 2018, is a decentralized protocol enabling seamless connections between crypto wallets and dApps.
02. Project Overview
Nature: An open-source network connecting users to dApps via secure, interoperable protocols, fostering UX innovation and ecosystem growth.
Mechanism: Users scan QR codes or click deep links; wallets establish connections upon receiving communication. Security is ensured via end-to-end encryption, with cross-chain support (e.g., Ethereum, Solana).
03. Project Ecosystem
Reown Platform: Formerly WalletConnect Inc., it offers AppKit and WalletKit for building intuitive, secure on-chain apps.
AppKit: Streamlines app development for user-friendly Web3 experiences.
WalletKit: Enables innovative wallet UX, connecting users to thousands of apps effortlessly.
04. WCT Token
Launch: 2024.
Utility: Native utility token for governance, staking, and rewards. Holders vote on proposals (e.g., service fees), receive staking rewards, and participate in governance.
Allocation: Max 1 billion tokens. WalletConnect Foundation (27%), airdrop (18.5%), team/dev (7%), staking rewards (17.5%), with the rest for backers and partners.
05. Development Milestones
2024: Network activity grew 340%, with connections rising from 41M to 179M. Unique active wallets surpassed 4.1M (+137% YoY).
September 2024: WCT token launched, followed by a 50M-token airdrop to early adopters.
Features Introduced: Smart sessions, link mode, and one-click authentication enhanced UX and security.
06. Market Performance
WCT captured community attention post-launch. For instance, Bitget LaunchX raised 4Mintwohours,with 40kinvestorspledging>170M.
7. Conclusion
Coinbase’s backing, $45.75M funding, and OKX listing make WalletConnect a market focal point. While it has 100x potential, risks persist. Investors should remain rational, assess risk tolerance, and make informed decisions. In crypto’s volatile landscape, prudence drives longevity. Coinbase’s strategic resources and market recovery support WCT, but caution is warranted due to high volatility and regulatory uncertainties. If WalletConnect aligns with institutional and compliance trends, it could emerge as a Q2 standout.
OKX launched WCT spot trading on April 15, 2025, boosting liquidity and options. The token surged to $0.5578, delivering 60x returns. Market buzz grew with its debut on major exchanges, though future prices depend on supply/demand, project evolution, and macro factors. Congrats to early adopters!
01. Project Introduction
WalletConnect, founded in 2018, is a decentralized protocol enabling seamless connections between crypto wallets and dApps.
02. Project Overview
Nature: An open-source network connecting users to dApps via secure, interoperable protocols, fostering UX innovation and ecosystem growth.
Mechanism: Users scan QR codes or click deep links; wallets establish connections upon receiving communication. Security is ensured via end-to-end encryption, with cross-chain support (e.g., Ethereum, Solana).
03. Project Ecosystem
Reown Platform: Formerly WalletConnect Inc., it offers AppKit and WalletKit for building intuitive, secure on-chain apps.
AppKit: Streamlines app development for user-friendly Web3 experiences.
WalletKit: Enables innovative wallet UX, connecting users to thousands of apps effortlessly.
04. WCT Token
Launch: 2024.
Utility: Native utility token for governance, staking, and rewards. Holders vote on proposals (e.g., service fees), receive staking rewards, and participate in governance.
Allocation: Max 1 billion tokens. WalletConnect Foundation (27%), airdrop (18.5%), team/dev (7%), staking rewards (17.5%), with the rest for backers and partners.
05. Development Milestones
2024: Network activity grew 340%, with connections rising from 41M to 179M. Unique active wallets surpassed 4.1M (+137% YoY).
September 2024: WCT token launched, followed by a 50M-token airdrop to early adopters.
Features Introduced: Smart sessions, link mode, and one-click authentication enhanced UX and security.
06. Market Performance
WCT captured community attention post-launch. For instance, Bitget LaunchX raised 4Mintwohours,with 40kinvestorspledging>170M.
7. Conclusion
Coinbase’s backing, $45.75M funding, and OKX listing make WalletConnect a market focal point. While it has 100x potential, risks persist. Investors should remain rational, assess risk tolerance, and make informed decisions. In crypto’s volatile landscape, prudence drives longevity. Coinbase’s strategic resources and market recovery support WCT, but caution is warranted due to high volatility and regulatory uncertainties. If WalletConnect aligns with institutional and compliance trends, it could emerge as a Q2 standout.
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