What Is GIWA Chain?
GIWA Chain is a Layer-2 blockchain launched by Dunamu, the operator of South Korea’s main crypto trade Upbit. Introduced on the 2025 Upbit Developer Convention, GIWA goals to advance Web3 adoption by providing high-speed, scalable, and safe infrastructure. Constructed on the Optimism OP Stack, it makes use of optimistic rollups to inherit Ethereum’s safety whereas delivering one-second block occasions and full EVM compatibility for seamless dApp migration.
To enrich the chain, Dunamu launched the GIWA Pockets, a multi-chain cell pockets that helps Ethereum, Base, Arbitrum, Polygon, Avalanche, and GIWA itself. The pockets permits customers to retailer and switch property throughout chains, decreasing entry boundaries for merchants and builders whereas enhancing interoperability inside the ecosystem.
A significant a part of GIWA’s imaginative and prescient is the creation of a Korean Received-backed stablecoin, designed to strengthen nationwide digital finance and align with regulatory traits. This positions GIWA as each a home and international blockchain contender.
GIWA Crew | Who Are The Individuals Behind GIWA?
Dunamu was based in 2012 by a forward-looking group with deep expertise in finance, expertise, and blockchain innovation, united of their mission to construct next-generation digital platforms and develop entry to crypto markets via providers like Upbit and GIWA Chain.
Oh Kyung-seok, CEO of Dunamu, is the driving drive behind GIWA Chain’s imaginative and prescient and technique. With intensive expertise in finance and expertise, he oversees the corporate’s blockchain initiatives, guiding innovation in scalability, interoperability, and digital asset infrastructure.
Chi-Hyung Track, Co-Founder and Chairman of Dunamu, drives the corporate’s strategic imaginative and prescient and long-term progress. He focuses on advancing blockchain innovation via platforms like Upbit and GIWA Chain whereas increasing partnerships and strengthening Dunamu’s international market presence.
Kim Hyoung-Nyon, Vice Chairman of Dunamu, performs a key position in company governance and strategic oversight. He focuses on strengthening organizational management, guiding blockchain initiatives like GIWA Chain, and fostering sustainable progress inside the international digital finance ecosystem.
GIWA Chain Funding Rounds
GIWA Chain has secured a number of strategic backers via its mother or father firm Dunamu.
In 2021, Hanwha Funding & Securities acquired a 6.15% stake in Dunamu for $52 million, strengthening monetary ties and supporting future blockchain ventures.
In late 2021, Hybe Company, the leisure powerhouse behind BTS, bought a 2.5% stake, pushing Dunamu’s valuation to just about $17 billion and linking GIWA to Korea’s cultural ecosystem.
Additional investments got here from Kakao Ventures (holding round 7.6%) and Anchor Fairness Companions, offering each capital energy and strategic alignment.
These partnerships reinforce GIWA Chain’s ambition to turn out to be South Korea’s main Layer-2 blockchain and a world contender in Web3 infrastructure.
GIWA Chain Airdrop – Step-By-Step Information
👉 STEP 1: Head over to sepolia-explorer.giwa.io.
👉 STEP 2: Add GIWA Community to your pockets by clicking Join Pockets so as to add the community routinely.
👉 STEP 3: Declare GIWA testnet faucet by going to faucet.giwa.io, coming into your EVM deal with, then mining the tap for a couple of minutes earlier than claiming your take a look at tokens.
👉 STEP 4: Deploy a GIWA sensible contract on owlto.finance/deploy/?chain by deciding on the Giwa testnet and clicking DEPLOY.
👉 STEP 5: Keep watch over official bulletins and hope for the perfect!
Key Takeaways Of GIWA Chain
GIWA Chain is a Layer-2 blockchain constructed on the Optimism OP Stack, delivering one-second block occasions, EVM compatibility, and Ethereum-level safety. Developed by Dunamu, the operator of Upbit, GIWA goals to speed up Web3 adoption in Korea with scalable infrastructure and seamless dApp migration. Its ecosystem contains the GIWA Pockets, enabling cross-chain transfers throughout Ethereum, Base, Arbitrum, Polygon, Avalanche, and GIWA itself.
The challenge’s long-term imaginative and prescient contains launching a Korean Received-backed stablecoin, enhancing digital finance sovereignty, and supporting real-world adoption. GIWA’s multi-chain pockets and quick transactions present a user-friendly expertise for builders, merchants, and establishments coming into decentralized markets.
Backed by main Dunamu traders resembling Hanwha Funding & Securities, Hybe Company, Kakao Ventures, and Anchor Fairness Companions, GIWA advantages from monetary energy and strategic partnerships that place it for international progress.
You will need to keep related so you’ll be able to rapidly hear about new developments and bulletins about GIWA Chain.
Listed here are the official channels that you ought to be following:
Lastly, all the time be sure to make use of official hyperlinks from verified sources to keep away from scams or phishing makes an attempt.
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