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Gems of Ra 💎👁‍🗨 Gems of Ra 💎👁‍🗨 @gemsofra · 17.8K subscribers
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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: https://sepolia-explorer.giwa.io
• Bridge: https://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: https://docs.giwa.io/giwa-chain/en
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