In the rapidly evolving ecosystem of Web3, flashy promotions and false hype often obscure the true value.

When investors are attracted by hype and marketing, the foundational technologies that truly support the operation of the entire ecosystem tend to be overlooked. The WalletConnect protocol is such an example, as it serves as a key technological infrastructure for the interoperability of Web3 wallets, silently supporting countless users' on-chain interaction experiences every day.

It is thought-provoking that despite the widespread application of this technology, the market performance of its token WCT has failed to reflect its actual value, currently operating at a low level. This dislocation between value and price precisely illustrates the contradiction between the market's short-term vision and long-term value.

For participants with a long-term vision, this misalignment may be just the opportunity for value discovery. As the protocol's functionalities continue to improve and the ecosystem expands, the market will ultimately recognize the core value of these infrastructures.

In Web3 investment, we should perhaps focus more on technologies that have already proven their value in real-world environments, rather than just chasing concepts and trends. This is precisely the embodiment of value investing philosophy in the emerging technology sector.