Overview

Gonggu is a launchpad with no curve during the launch. One window, one price, everyone.

A creator opens a gonggu (공구, "group buy"): a fixed window during which anyone deposits ETH into a pot. At close, the price is computed once — pot ÷ tokens sold — and it is the same for every depositor.

What is public

100 % of every launched token's supply is public:

• 50 % is sold in the window, pro-rata to deposits.
• 50 % goes into liquidity, with 99 % of the pot. That position is locked forever.

There is no team bag and no pre-buy. A creator who wants tokens deposits during the window like everyone else.

The shape of a launch

1. Open. Deposit and withdraw freely.
2. Locked. The final 10 % of the window. Deposits are still accepted; withdrawals are not.
3. Settling. The window is over. Anyone can call settle.
4. Live if the soft cap was reached: the token exists, the pool is open, claims are open.
5. Failed if it was not: every depositor takes back 100 %.

Where it runs

GONGGU runs on GIWA Sepolia, the GIWA Chain testnet, today. Mainnet is planned for GIWA day one. Testnet tokens have no value.

Announcements, the mainnet date and the Gonggu #1 parameters are posted on X: @gongguone.