In order to be eligible to participate in the WalletConnect Community Round, users must fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT) as well as pass KYC verification.
Once the sale begins, users will be prompted to submit a purchase request, with a limit set between $100.00 and $10,000.00. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList.
After the purchase period closes, February 11, 2025 at 17:00 UTC, allocations will be selected at random based on the ‘Filling from the Bottom” allocation method. Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of the purchase period.
In the event of an oversubscribed sale where all participants receive the minimum purchase amount, priority allocation will be given to purchases made by users based on their Karma tier or those referred through promo codes.
Filling up from the bottom maximizes the number of individual participants in a sale while still allowing for participants with more capital to express their demand. For more information on how it works, see here.
In order to participate in the WalletConnect Community Round, users will need to fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request within the 7-day timeframe, February 4 at 17:00 UTC to February 11 at 17:00 UTC, to be eligible to receive a WCT allocation.
Since 2018, WalletConnect has been the cornerstone of connectivity in web3, providing a bridge between wallets and apps to give users simple and secure ways to connect to the onchain economy. It is the core connectivity layer for over 220 million connections spanning more than 35 million users across the globe, and today, facilitates over 20 million monthly connections for more than 5 million monthly users.
But the journey doesn’t stop there. The WalletConnect Network is evolving into a permissionless ecosystem powered by the WalletConnect Token (WCT) and its 35-million-strong community. Supported by leading global node operators such as Consensys, Reown, Ledger, Kiln, Figment, Everstake, Arc, or Nansen, the network is becoming more secure, scalable, and decentralized than ever before. With WCT at the heart of the network, WalletConnect is introducing a robust, community-led infrastructure designed to decentralize connectivity and revolutionize onchain UX.
We will display payment information when you complete your registration for the WalletConnect Community Round. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.
There are no fees associated with purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.
CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer WCT tokens for purchase during the WalletConnect Community Round to prospective participants in the United States (and its territories), Canada, China, as well as other unsupported jurisdictions.