The Wangwi was a Go competition in South Korea.
Outline
The Wangwi was a Go competition used by the Hanguk Kiwon. It is sponsored by the Chung-ang Il-po. The komi for white is 6.5 points. The preliminary matches get 4 hours of thinking time, while the final match gets 5 hours. The winner's purse was 45,000,000 SKW (US$40,000). It ran from 1966-2008. [1]
References
Wangwi Wikipedia(Text) CC BY-SA