Web 3 communication protocol WalletConnect will launch its native token WCT on Optimism. WalletConnect said registration for the WCT airdrop will open on September 24, and eligibility for the airdrop is based on usage of the WalletConnect network. WalletConnect CEO Houlgrave said that the initial supply of WCT tokens is capped at 1 billion, of which 18.5% or 185 million tokens will be allocated to the first quarter of the airdrop. Houlgrave said the airdrop will cover WalletConnect's end users, as well as wallets, applications, nodes, Software Development Kits and communities that have contributed to WalletConnect's success.