WalletConnect Explores Monetization Model for High-Volume Apps
WalletConnect Explores Monetization Model for High-Volume Apps
💰 WalletConnect's Big Move
WalletConnect is exploring a monetization strategy that would introduce fees for high-volume applications while keeping the service free for end users.
Key Details:
- Fees would only apply to apps generating $1M+ monthly TNV (Total Network Volume)
- End users will continue using WalletConnect at no cost
- Fee structure is being developed with key ecosystem stakeholders
Potential Benefits:
- Fuels continued innovation
- Rewards network contributors
- Supports ecosystem growth
This comes as WalletConnect approaches $400B in annual network volume by end of 2025, positioning it alongside major fintech companies.
The monetization exploration aims to create sustainable funding while maintaining accessibility for users and smaller applications.
WalletConnect is now on track to power more value annually than some of the world’s leading fintech companies. $400B in annual volume by the end of 2025 - and just getting started.
TNV = Total Network Volume. WalletConnect is on track to reach $400B annual TNV by the end of 2025. What you need to know ↓
What would WalletConnect Network monetization mean for the community? 📁 Monetization ↳📁 Fuels innovation ↳📁 Rewards contributors ↳📁 Grows the ecosystem Reminder: WalletConnect will stay free for end users.
🗓️ WalletCon Buenos Aires
**WalletCon Buenos Aires** programming is now live for November 20th. The event features: - Opening keynotes from industry leaders - Panel discussions on wallet infrastructure - **Deep Tech Hour** covering WalletConnect backend operations - Sessions from TrustWallet and Ledger teams Key speakers include representatives from major wallet providers and blockchain infrastructure companies. The conference focuses on technical developments in wallet technology and onchain infrastructure. [Register here](https://www.walletcon.com/)
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