# Pedro Gomes I Future of Wallets I WalletConnect I Pragma Singapore 2024

- Speakers: [Pedro Gomes](https://streameth.org/speakers/pedro-gomes)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2025-10-09
- Duration: 22:22
- Topics: Pedro Gomes, WalletConnect, WalletConnect Foundation, Reon, Web3 wallets, wallet SDK, app kits, WalletConnect token, wallet UX, wallet standards, smart sessions, Ethereum, Optimism, Solana, Cosmos, Polkadot, multi-chain wallets, decentralization, wallet governance, $WALLET token, Web3 infrastructure, wallet node operators, wallet network protocol, wallet user experience, wallet SDK interoperability, smart accounts, EIP standards, staking, token transferability, app connection fees
- Watch: https://streameth.org/watch/yt-X9M_nqZ_K9I
- YouTube: https://www.youtube.com/watch?v=X9M_nqZ_K9I

## Description

Pedro Gomes, co-founder of WalletConnect and Director at the newly launched WalletConnect Foundation, joins Pragma Singapore 2024 to share major updates shaping the future of wallets, Web3 connectivity, and decentralized infrastructure. In this exclusive fireside chat, Pedro unveils the launch of the WalletConnect Network and $WALLET token, along with the formation of Reon—a rebranded company focused on SDK innovation.

Discover how WalletConnect evolved from a single SDK to a global protocol powering billions of connections between wallets and dApps. Learn about their new governance model, roadmap to full decentralization, node operator incentives, token distribution on Optimism, and the future of wallet UX across ecosystems like Ethereum, Solana, Cosmos, and Polkadot.

00:00 Intro to Pedro Gomes and WalletConnect
00:41 WalletConnect Foundation Launch Announcement
02:01 Why Decentralize WalletConnect Now
03:09 The 2023 Protocol Upgrade That Made It Possible
04:19 Introducing Reon: The New Wallet SDK Brand
05:59 SDK Ecosystem Growth and Node Operator Roles
07:05 Foundation’s Role in Setting Wallet Standards
08:05 Signing, Smart Sessions, and UX Optimization
09:39 Wallet SDK Collaboration vs. Competition
10:44 Neutral Standards and Foundation Governance
11:47 Lessons from Building and Rebuilding WalletConnect
13:25 How the WalletConnect Network Will Be Decentralized
15:00 Why Wallets Need Sustainable Business Models
16:04 Why the Token Is on Ethereum + Distributed on Optimism
17:49 How Node Operators Will Join the Network
18:56 Governance Strategy and Phased DAO Control
20:34 Final Goals: Staking, Transferability, App Fees
22:12 Closing Thoughts and What to Expect in 2025

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🇸🇬 *Pragma Singapore*
Pragma Singapore 2024 was a special gathering of founders and builders that took place September 19, 2024 at the Fullerton Hotel in Singapore.  Pragma Singapore 2024 was an opportunity discuss the future of web3 and reflect on the past. Watch the full Pragma Singapore playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh6z0saYJnVdgXWfz-vaoEYx&si=uavhkhF5Kc8XBoLv

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. 

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✅ *Follow Pedro Gomes*
X: https://x.com/pedrouid

✅ *Follow WalletConnect*
X: https://x.com/WalletConnect

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X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal 

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