GIWA

GIWA (Global Infrastructure for Web3 Access) is an Ethereum Layer 2 blockchain built on the OP Stack by Dunamu, the South Korean company that operates Upbit, one of the largest cryptocurrency exchanges in Asia. Dunamu has raised $143.26M in funding and also runs two equity investment platforms, Stockplus and U-Stockplus. GIWA targets one-second block times with transaction fees in the range of one Korean won, while maintaining full EVM compatibility so existing Solidity applications can be deployed without modification. The chain is designed to bridge Dunamu's exchange infrastructure with DeFi, stablecoins, real-world assets, and consumer Web3 applications. GIWA has not officially confirmed a token or airdrop, but the project currently has a live public testnet ahead of its mainnet launch, and theOP Stack ecosystem has a history of retroactive token distributions to early participants.

How to Participate in the GIWA Airdrop

Since the GIWA testnet is free and requires no real capital, early interaction is a low-cost way to establish wallet history before any potential mainet launch or token event. Here is a practical participation strategy:

1. Configure the Giwa Sepolia Network in Your Wallet
   Open MetaMask or any EVM-compatible wallet, navigate to network settings, and add a custom network with these parameters: Network Name: Giwa Network, RPC URL: https://sepolia-rpc.giwa.io, Chain ID: 91342, Currency Symbol: ETH, Block Explorer: https://sepolia-explorer.giwa.io. You can also use the one-click "Add to Wallet" button on the Giwa Sepolia explorer.
2. Claim Test ETH from the Official Faucet
   Visit the GIWA faucet at faucet.giwa.io, connect the wallet you configured, and request test ETH. The dispensed amount is enough for multiple transactions.
3. Execute Token Transfers to Multiple Addresses
   Browse recent transactions on the Giwa Sepolia explorer to find active wallet addresses. Send small amounts of test ETH to three or four different recipients. This creates transfer history on your wallet.Please verify the token approval amount; authorize only the specific amount required for the transaction.
4. Deploy a Smart Contract via Owlto Finance
   Open Owlto Finance with the Giwa Testnet selected. Owlto provides contract deployment templates that do not require writing Solidity code. Deploying a contract counts as a higher-value on-chain interaction compared to simple transfers.
5. Build Sustained Activity Over Multiple Weeks
   Return to the testnet weekly to claim additional faucet tokens and repeat transfers and deployments. Consistent activity spread across several sessions resembles genuine user behavior. Anti-sybil systems commonly flag walets that concentrate all activity into a single day, so spacing out interactions is important for eligibility in any retroactive distribution.

Potential Reward

There is no confirmed token or airdrop mechanism. Dunamu has not announced a GIWA token, a points program, or any incentive structure for testnet participants. Speculation is based on the OP Stack ecosystem's pattern of rewarding early users retroactively and on Dunamu's scale as a major exchange operator. If a distribution occurs, it would most likely follow the mainnet launch.

Airdrop Requirements

• An EVM-compatible wallet (MetaMask or similar) configured with the Giwa Sepolia network.
• Test ETH claimed from the official GIWA faucet — no real funds are needed.
• On-chain activity including token transfers and smart contract deployments on the Giwa testnet.
• Repeated sessions over multiple weeks to demonstrate consistent usage patterns.
• The airdrop itself remains unconfirmed; there is no guaranteed eligibility criteria.

Latest GIWA Airdrop Updates

The GIWA public testnet on Giwa Sepolia is currently live and accepting interactions, with no official mainet launch date or token announcement published yet.

Risk

• No confirmed token: Dunamu may launch the mainnet without issuing a token or conducting any retroactive distribution, meaning all testnet activity yields no direct reward.
• Regulatory uncertainty: Operating from South Korea, Dunamu faces one of the stricter crypto regulatory environments globally. Policy shifts could delay or alter token plans.
• Time cost with no guarantee: While participation is free of financial cost, the time invested across multiple sessions cannot be recovered if no airdrop materializes.
• Anti-sybil filtering: Even if a distribution occurs, aggressive multi-wallet strategies or bot-like transaction patterns may be excluded from eligibility.
• Testnet-to-mainnet gap: Testnet interactions do not guarantee that the same wallet addresses or activity metrics will be recognized on mainnet.

FAQ

Does the GIWA testnet require real money to participate?

No. All interactions run on test ETH dispensed by the official faucet. You do not need to bridge real assets or pay actual gas fees to add the network, claim tokens, send transfers, or deploy contracts.

When is GIWA expected to launch its mainnet?

Dunamu has not published a specific mainet launch date. The testnet is currently the only publicly accessible network, and any token event would most likely follow after the mainnet goes live.

Is there any connection between Upbit accounts and GIWA eligibility?

No official link between Upbit exchange accounts and GIWA testnet eligibility has been announced. Current participation only requires an EVM wallet configured for the Giwa Sepolia network.

[Data sources: official website (giwa.io), project Twitter (@GIWA_by_Upbit), airdrops.io listing]