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HomeBlogOthersWalletConnect ($WCT) Airdrop: What You NEED to Know

WalletConnect ($WCT) Airdrop: What You NEED to Know

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  1. Wallet Connect Airdrop Registration Process
  2. Earning High Points with Wallet Connect for Mobile Users
  3. Further Details and Allocation for Wallet Connect Airdrop
  4. Eligibility and Non-Transferability of Wallet Connect Tokens
  5. Coinbase Wallet Web App and NFT Minting Opportunities
  6. FAQ

Wallet Connect Airdrop Registration Process

Now the first airdrop is Wallet Connect. Now I'm sure you've seen this already on Twitter, but there are several uh criteria that you need to be aware of if you have indeed registered for this. So for those of you guys who haven't heard of this, you can register right now for the Wallet Connect Token airdrop. The deadline for the registration is by October 18th, okay? So how you're going to want to do this is you come to this website and just click register here and log in with your wallet. Alright! And in there after you've logged in with your wallet, you're going to have to want to build your profile.

Earning High Points with Wallet Connect for Mobile Users

How you build your profile is you may connect multiple wallet addresses to expand your profile. And I think the more wallets that you connected using Wallet Connect, then you will have high points. Okay, now keep in mind that Wallet Connect is very relevant for the users interacting with DApps on their mobile. Okay, so I don't think I will have as high score on this because I mainly play on my MacBook and on my computer. But if you have been using your mobile connecting to DApps through Wallet Connect, especially 'cause once there's an option there to connect your wallet right there's Wallet Connect option, if you've been logging in through Wallet Connect, then this is very, very relevant to you. Okay! I had such a smile on my face because I mainly do it on my phone anyways. Yeah, so that's good. That's good.

Further Details and Allocation for Wallet Connect Airdrop

So for all the people that do airdrops and interact with DApps on their phone, this is for you exactly. Sounds interesting, yes, but there are some things that need to be worth mentioning. Okay, so for example, um, not just for wallets but also you can connect your GitHub here. So if you've been contributing on GitHub, if you've been creating, uh, if you've been contributing to projects, submitting CIPs, EIPs, Ethereum SDKs, or even non-EVM SDKs, you will also get an allocation for this. And in terms of the allocation, it's going to be 185 million WCT tokens dist, uh, allocated towards the total airdrop. And right now, we're registering for the season 1 airdrop consisting of 50 million WCT tokens. And the allocation wise for the season one is actually pretty favorable towards the wallet category rather than the GitHub contributors. So I'm very surprised by this, okay, because normally I would think it would be the other way around, 80% going towards the developers on GitHub, then 20% for whoever connected their wallet with Wallet Connect. 80% mhm. Now, that's good.

Eligibility and Non-Transferability of Wallet Connect Tokens

Here is the catch, okay. Not everyone is going to be eligible for this airdrop because there is a minimum scoring threshold in order to become eligible. So the more you have interacted with Wallet Connect, once again we go back to that especially if you're on mobile, then I think it's more likely that you would meet this scoring threshold. Otherwise, do not be surprised if you are not eligible for this airdrop, okay? 'Cause I mainly do not use Wallet Connect, but I'll just connect it anyways to see if I get anything. But here's the more annoying part, the token is actually non-transferable. That means you cannot trade this token, you cannot sell it for stable coins or whatever, you cannot take profit with this. Is because they want to be keeping this token, uh, for the long-term development and stability. So it's very apparent they're going for the same approach that iGen layer did. So they're expecting the transferability for the token to be around 2025. So where is it here? So yes, the determination to unlock transferability of the token will work alongside this targeted roadmap intended for optimal Network performance.

Coinbase Wallet Web App and NFT Minting Opportunities

Now moving on is Coinbase Wallet. Now we're a little bit late to this party because I was not aware of this. I have seen snippets of this. So in case you didn't know, Coinbase has a wallet web app for on-chain activities and mainly for DeFi. So the idea here is if Base will have their token, which means it's very likely they will have their airdrop. Yeah, there was a lot of anticipation about this exactly, right? But they still have not confirmed a token nor an airdrop, but that is the best time to be farming, to be positioning yourself when there's going to be an airdrop. Now we've seen this playbook many, many, many times. We've seen Arbitrum saying the same thing. We've seen ZK Sync saying the same thing. Base, even with their connections to Coinbase and, you know, regulation issue, it doesn't matter. There are L or T, they got to have a governance token, right? Otherwise, how are you decentralized? So for those of you who don't know, this web app has points for you to farm, and most of these points, if not all of these points, are gained from minting certain NFTs. Now, this was brought to me on my radar because just today I've seen several sources saying you need to mint this NFT by Base. Essentially, welcome to the new b.org, and you get 1,000 points. And there's actually many, many different projects. I've also seen Bar Chain have their NFT minting here on Coinbase Wallet. That was back in summer, August. Now you cannot do that. So in now guys, if you haven't heard of this, you should definitely give this a go. Okay, try it out yourself. Not financial advice, but if you're worried about, "Are we late?" We're maybe not that late. Okay, because this wallet web app was introduced in July. So we are about 3 months late, but it's okay, it's okay. We'll see. This really favors if you have, if you really like minting NFTs. So the mint for these are very, very low. So for this one, it only costs 25 and it's on the base mainnet. So the mint fees are the mint costs are relatively low for a lot of these NFTs. Yes, so so far 64,000 people have minted this. It could definitely help with the Base airdrop. Is this a free mint? No, no, no, it cost 25 cents. Oh, I see. Plus the fees on Base mainnet. Guys, please check out our airdrop tracker spreadsheet. We're going to be updating this on the regular. Now I've been using this also as a good framework for me to complete my daily task every day. So it is really helpful. It's very, very helpful. So I have a checklist on certain protocols that I like to play every day, some weekly, some monthly. So always use this as a reference if you do want to keep track of your airdrop journey. So guys, you know what to do. Smash up the like button, subscribe to the channel. My

FAQ

Q: How can I register for the Wallet Connect Airdrop?
A: You can register for the Wallet Connect Token airdrop by visiting the website and clicking on 'Register here' before the deadline of October 18th.
Q: How can I earn high points with Wallet Connect for mobile users?
A: You can earn high points with Wallet Connect by connecting multiple wallet addresses and mainly using DApps on your mobile device.
Q: What are the further details and allocation for the Wallet Connect Airdrop?
A: 185 million WCT tokens are allocated for the airdrop, with 50 million WCT tokens allocated for the season 1 airdrop. The allocation is more favorable towards users who connect their wallet rather than GitHub contributors.
Q: What is the eligibility criteria and transferability status of Wallet Connect Tokens?
A: To be eligible for the airdrop, there is a minimum scoring threshold that needs to be met. The token is non-transferable and cannot be traded/sold as it is kept for long-term development and stability.
Q: What are the NFT minting opportunities and activities on Coinbase Wallet Web App?
A: The Coinbase Wallet Web App offers opportunities to earn points by minting specific NFTs. These points may be crucial for potential airdrops. Minting NFTs on the web app is relatively affordable, and it is recommended to explore these activities for potential rewards.

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