What’s walletconnect’s business model?

Concerned that all of mobile web3 infra is based on VC money with no decentralized protocol behind it.

Building https://getmocha.com // creator of the https://blockchainsmokers.xyz

Software Engineer @ Cadence Design Systems. B4: Stanford EE / Illinois ECE

They’re deprecating v1 in 30 days. https://medium.com/walletconnect/walletconnect-v1-0-sunset-notice-and-migration-schedule-8af9d3720d2e

WalletConnect v1 was using Waku which is the successor to Whisper messaging protocol in the original Ethereum yellowpaper. WalletConnect v2 is post VC funding and seem like it will have a API payment model, which is a major downgrade IMHO. I will stick to v1.

Ser this is web3 we don't do business models