BRC-2.0: Can Bitcoin’s Smart-Token Standard Recapture the Magic of the 2023 Inscription Boom?
The Upgrade That Went Live at Block 912,690 On 2 September 2025, at Bitcoin block height 912,690, the BRC20 stack received its biggest overhaul since launch. Dubbed BRC-2.0, the release—co-authored by original designer Domo and the Ordinals team Best in Slot—drops a fully functioning Ethereum Virtual Machine (EVM) inside the BRC20 indexer. The move turns Bitcoin into a Turing-complete settlement layer, promising DeFi, NFT markets, borrow-lend and synthetic-asset apps without leaving the BTC s...
Burn vs. Redistribution in Crypto: Which Mechanism is Better?
Core Topic: Exploring the applicable scenarios for burn and redistribution mechanisms in cryptocurrency, emphasizing that redistribution is superior when economic value impacts system security. Key Definitions: * Slashing: The act of reclaiming assets from malicious actors. * Burn vs. Redistribution: Methods for handling the reclaimed assets. Burning reduces the total supply, while redistribution transfers the value to other parties. The Advantages of Redistribution: * Enhances economic secur...
Coinbase Invests in WCT, Secures $45.75M Funding, Set to Launch on OK Exchange—Is a 100x King in the…
Community Launch of WCT In the cryptocurrency realm, every significant funding round and project launch can create waves in the market. Recently, a major announcement has captured the attention of the crypto community: WalletConnect (WCT), backed by Coinbase, has successfully raised $45.75 million and is set to make its debut on OK Exchange. This news has sent ripples through the market, leading many investors to wonder if a 100x king is truly on the horizon. Specific Launch Times:WCT Deposit...
<100 subscribers
BRC-2.0: Can Bitcoin’s Smart-Token Standard Recapture the Magic of the 2023 Inscription Boom?
The Upgrade That Went Live at Block 912,690 On 2 September 2025, at Bitcoin block height 912,690, the BRC20 stack received its biggest overhaul since launch. Dubbed BRC-2.0, the release—co-authored by original designer Domo and the Ordinals team Best in Slot—drops a fully functioning Ethereum Virtual Machine (EVM) inside the BRC20 indexer. The move turns Bitcoin into a Turing-complete settlement layer, promising DeFi, NFT markets, borrow-lend and synthetic-asset apps without leaving the BTC s...
Burn vs. Redistribution in Crypto: Which Mechanism is Better?
Core Topic: Exploring the applicable scenarios for burn and redistribution mechanisms in cryptocurrency, emphasizing that redistribution is superior when economic value impacts system security. Key Definitions: * Slashing: The act of reclaiming assets from malicious actors. * Burn vs. Redistribution: Methods for handling the reclaimed assets. Burning reduces the total supply, while redistribution transfers the value to other parties. The Advantages of Redistribution: * Enhances economic secur...
Coinbase Invests in WCT, Secures $45.75M Funding, Set to Launch on OK Exchange—Is a 100x King in the…
Community Launch of WCT In the cryptocurrency realm, every significant funding round and project launch can create waves in the market. Recently, a major announcement has captured the attention of the crypto community: WalletConnect (WCT), backed by Coinbase, has successfully raised $45.75 million and is set to make its debut on OK Exchange. This news has sent ripples through the market, leading many investors to wonder if a 100x king is truly on the horizon. Specific Launch Times:WCT Deposit...
Share Dialog
Share Dialog
Community Launch of WCT
In the cryptocurrency realm, every significant funding round and project launch can create waves in the market. Recently, a major announcement has captured the attention of the crypto community: WalletConnect (WCT), backed by Coinbase, has successfully raised $45.75 million and is set to make its debut on OK Exchange. This news has sent ripples through the market, leading many investors to wonder if a 100x king is truly on the horizon.
Specific Launch Times:
WCT Deposit Opening Time: April 15, 2025, at 6:00 PM (UTC+8)
WCT/USDT Spot Trading Time: To be announced. Keep an eye on the official OK Exchange announcements; the time should not be far off.
01 Project Introduction
WalletConnect is a decentralized protocol established in 2018, aiming to achieve seamless connectivity between cryptocurrency wallets and decentralized applications (dApps).
02 Project Overview
Nature of the Protocol: An open-source network that connects users to decentralized applications through a secure and interoperable protocol, driving user experience innovation, expanding the ecosystem, and guiding the network towards a decentralized, permissionless future.
Mechanism of Action: Users initiate connections by scanning QR codes or clicking deep links provided by applications. The wallet establishes the connection after receiving the communication through scanning the QR code or clicking the link. The protocol ensures security by encrypting all messages exchanged between wallets and applications and supports interactions across multiple blockchains, allowing users to access applications across networks like Ethereum and Solana.
03 Project Ecosystem
Reown Platform: Formerly known as WalletConnect, it provides developers with toolkits such as AppKit and WalletKit to build intuitive and secure on-chain applications.
AppKit: Enables developers to create seamless application experiences, making Web3 more user-friendly.
WalletKit: Provides tools for designing innovative wallet user experiences, allowing users to easily connect to thousands of applications.
04 Project WCT Token
Launch Time: Introduced in 2024.
Purpose: The native utility token of the WalletConnect network, used for network governance, staking, rewards, etc. Holders can vote on proposals such as service fees, and tokens are also distributed as rewards to contributors who maintain and enhance the network. Participants can stake tokens to secure network security and earn rewards while having voting rights in governance.
Allocation: The initial supply cap is set at 1 billion tokens. The WalletConnect Foundation holds 27%, airdrops account for 18.5%, the team and development take 7%, staking rewards and incentives make up 17.5%, with the remainder allocated to supporters and strategic partners.
05 Project Development Milestones
In 2024, WalletConnect network activity grew by 340%, with connections increasing from 41 million in 2023 to 179 million. The number of unique active wallets exceeded 4.1 million, a year-on-year increase of 137%.
The WCT token was launched in September 2024, with the first airdrop at the end of the year, distributing 50 million WCT tokens to reward early adopters and contributors.
In 2024, WalletConnect introduced features such as smart sessions, link mode, and one-click authentication, enhancing user experience and security.
06 Project Market Performance
Since its launch, WCT has garnered significant attention from the crypto community. For example, Bitget LaunchX's community round raised $4 million in just two hours, with approximately 40,000 investors committing over $170 million.
08 Investment Institutions
09 Token Allocation
10 Project Summary
Backed by Coinbase, funded with $45.75 million, and set to debut on OK Exchange, WalletConnect has become the focus of the cryptocurrency market. It has the potential and foundation to become a 100x king but also faces numerous risks and challenges. For investors, while paying attention to this project, it is essential to remain rational and cautious, fully assess your risk tolerance, and make wise investment decisions. In the crypto space, full of opportunities and risks, only rationality and caution can lead to long-term success.
Overall, Coinbase's strategic resources, industry standing, and the market's recovery trend provide a strong endorsement for its investment projects. However, it is crucial to be wary of the high volatility and regulatory uncertainties in the crypto market. If WalletConnect can seize the wave of institutionalization and compliance, it may have the potential to stand out in the second quarter.
Community Launch of WCT
In the cryptocurrency realm, every significant funding round and project launch can create waves in the market. Recently, a major announcement has captured the attention of the crypto community: WalletConnect (WCT), backed by Coinbase, has successfully raised $45.75 million and is set to make its debut on OK Exchange. This news has sent ripples through the market, leading many investors to wonder if a 100x king is truly on the horizon.
Specific Launch Times:
WCT Deposit Opening Time: April 15, 2025, at 6:00 PM (UTC+8)
WCT/USDT Spot Trading Time: To be announced. Keep an eye on the official OK Exchange announcements; the time should not be far off.
01 Project Introduction
WalletConnect is a decentralized protocol established in 2018, aiming to achieve seamless connectivity between cryptocurrency wallets and decentralized applications (dApps).
02 Project Overview
Nature of the Protocol: An open-source network that connects users to decentralized applications through a secure and interoperable protocol, driving user experience innovation, expanding the ecosystem, and guiding the network towards a decentralized, permissionless future.
Mechanism of Action: Users initiate connections by scanning QR codes or clicking deep links provided by applications. The wallet establishes the connection after receiving the communication through scanning the QR code or clicking the link. The protocol ensures security by encrypting all messages exchanged between wallets and applications and supports interactions across multiple blockchains, allowing users to access applications across networks like Ethereum and Solana.
03 Project Ecosystem
Reown Platform: Formerly known as WalletConnect, it provides developers with toolkits such as AppKit and WalletKit to build intuitive and secure on-chain applications.
AppKit: Enables developers to create seamless application experiences, making Web3 more user-friendly.
WalletKit: Provides tools for designing innovative wallet user experiences, allowing users to easily connect to thousands of applications.
04 Project WCT Token
Launch Time: Introduced in 2024.
Purpose: The native utility token of the WalletConnect network, used for network governance, staking, rewards, etc. Holders can vote on proposals such as service fees, and tokens are also distributed as rewards to contributors who maintain and enhance the network. Participants can stake tokens to secure network security and earn rewards while having voting rights in governance.
Allocation: The initial supply cap is set at 1 billion tokens. The WalletConnect Foundation holds 27%, airdrops account for 18.5%, the team and development take 7%, staking rewards and incentives make up 17.5%, with the remainder allocated to supporters and strategic partners.
05 Project Development Milestones
In 2024, WalletConnect network activity grew by 340%, with connections increasing from 41 million in 2023 to 179 million. The number of unique active wallets exceeded 4.1 million, a year-on-year increase of 137%.
The WCT token was launched in September 2024, with the first airdrop at the end of the year, distributing 50 million WCT tokens to reward early adopters and contributors.
In 2024, WalletConnect introduced features such as smart sessions, link mode, and one-click authentication, enhancing user experience and security.
06 Project Market Performance
Since its launch, WCT has garnered significant attention from the crypto community. For example, Bitget LaunchX's community round raised $4 million in just two hours, with approximately 40,000 investors committing over $170 million.
08 Investment Institutions
09 Token Allocation
10 Project Summary
Backed by Coinbase, funded with $45.75 million, and set to debut on OK Exchange, WalletConnect has become the focus of the cryptocurrency market. It has the potential and foundation to become a 100x king but also faces numerous risks and challenges. For investors, while paying attention to this project, it is essential to remain rational and cautious, fully assess your risk tolerance, and make wise investment decisions. In the crypto space, full of opportunities and risks, only rationality and caution can lead to long-term success.
Overall, Coinbase's strategic resources, industry standing, and the market's recovery trend provide a strong endorsement for its investment projects. However, it is crucial to be wary of the high volatility and regulatory uncertainties in the crypto market. If WalletConnect can seize the wave of institutionalization and compliance, it may have the potential to stand out in the second quarter.
No comments yet