GIWA Chain – Quick Overview
What is GIWA?
GIWA (Global Infrastructure for Web3 Access) is an Ethereum Layer 2 blockchain built on the OP Stack (Optimism) by Dunamu, the parent company of Upbit — South Korea’s largest cryptocurrency exchange.
It aims for 1-second block times, very low fees, and full EVM compatibility.
Key Highlights:
• Raised ~$1.22B through its parent company (Dunamu valuation ~$10B).
• Samsung acquired 4% of Dunamu for $400M.
• Currently in public testnet (Giwa Sepolia) with 120M+ transactions and 30M+ addresses.
• Private Mainnet expected in August–September 2026.
Robinhood Chain Similarity (Very High):
Like Robinhood Chain (which launched mainnet in early July 2026), GIWA follows the CEX → Own L2 strategy:
• Coinbase → Base
• Binance → BNB Chain / opBNB
• OKX → OKX Chain
• Robinhood → Robinhood Chain (Arbitrum Orbit)
• Upbit → GIWA (OP Stack)
Both are built to bring millions of retail users from a big centralized exchange directly on-chain with tokenized assets, fast & cheap transactions, and DeFi/RWA features.Current Testnet Status & How to Participate:
• Explorer: sepolia-explorer.giwa.io
• Bridge: app.giwa.zone or gas.zip
• Faucets: faucet.giwa.io or faucet.lambda256.io/giwa-sepolia
• Main activities: Bridge assets, claim test tokens, create Upbit Web3 Name (.up.id), mint Dojang verification, deploy smart contracts / tokens / NFTs, apply for builder program (GASOK – deadline July 31).
Popular Tokens / Projects on Testnet (by holders):
• creatorx .me
• Zeoul X Giwa
• GMCards (GM)
• Insiders (INDSR)
• GiwGiwa (GIW) – NFT
• Punks Not Dead (PUNK)
Narrative & Potential: Strong “Korea’s Robinhood Chain” narrative. Upbit has 13M+ users and is known for pumping listed tokens. Early positioning via testnet activity + builder program could be valuable if an airdrop or token launch happens post-mainnet.
Risk Note:
Still in testnet. No official token or airdrop confirmed. Everything is for testing purposes.
More official info: docs.giwa.io/giwa-chain/en
@GIWA_by_Upbit
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