Giwa Early Alpha @gasokfun - Launchpad @hamrdotfun - Launchpad @Kimchifunxyz - Launchpad @cookhousememe - Launchpad @Gazuaxyz - Launchpad @GIWAForge - Launchpad @GiwaPump - Launchpad @memefab_fun - Launchpad @GIWALAUNCHPAD - Launchpad @GiwaGasok - Launchpad ------------------- @Deoksangi - Memecoin @Loopy_GIWA - Memecoin @Gaejuki_Giwa - Memecoin -------------------- @Giwatron - NFT @elderwoodwiz - NFT @PunkOnGiwa - NFT @GIWAUP - NFT @jumak_app - NFT

It's funny how most people haven't even heard of @GIWA_by_Upbit yet. a chain backed by Upbit, whose parent company raised $11.17B. during info-fi, it was that CEX that was sending coins harder on launch than even Binance. Now its own L2 testnet is live and only a few are paying attention. currently; -> the testnet has processed over 120M+ transactions -> over 30.8M+ testnet addresses created -> Built on the $OP Stack Here is my watchlist on GIWA; MY GIWA ECOSYSTEM WATCHLIST 🧵 Here are some of the GIWA projects I’m currently keeping an eye on, grouped by category: ->NFTs • @Giwatron — GIWA-native NFT project • @elderwoodwiz — Early GIWA NFT collection • @PunkOnGiwa — CryptoPunks-inspired GIWA NFTs • @GIWAUP — GIWA NFT/community project • @jumak_app — Joseon-themed pixel NFT collection • @pabalx — On-chain horse racing/social game • @TileOnGIWA — GIWA NFT collection • @Writ_Fi — Fully collateralized on-chain options protocol -> Launchpads • @gasokfun — GIWA meme/token launchpad • @hamrdotfun — One-click meme launchpad • @Kimchifunxyz — GIWA meme/token launchpad • @cookhousememe — GIWA meme launch platform • @Gazuaxyz — GIWA token/meme launch platform • @GIWAForge — GIWA token launchpad • @GiwaPump — Pump-style GIWA launchpad • @memefab_fun — GIWA meme launch platform • @GIWALAUNCHPAD — Token launchpad + AMM • @GiwaGasok — Fast token/meme launchpad • @Lucrari_fi — Token launch + liquidity platform • @JoseonFun — Launchpad + AMM + analytics • @MapaeGiwa — Early GIWA launchpad/meme project -> DeFi & Infrastructure • @GIWA_Accordpay — GIWA payments infrastructure • @OsigeExchange — GIWA DEX + trading tools • @AmmoraHQ — Programmable liquidity infrastructure • @Hanok_io — On-chain contribution/rights infrastructure • @kaachi_io — Wallet-based marketing & rewards • @GiwaterFinance — GIWA liquidity/DeFi infrastructure • @heronprotocol — DeFAI capital allocation • @quadrixfinance — On-chain asset management/vaults • @CheomaYield_xyz — GIWA yield/DeFi project • @custosfinance — RWA-focused trading infrastructure • @ZKProofport — Zero-knowledge proof infrastructure -> AI & OTHERS • @OreumLabs — On-chain information/curation layer • @umul_giwa — GIWA messaging protocol • @TheBingoFi — GIWA-focused GameFi/bingo project GIWA is still early, so a lot of these projects are at different stages of development. I’ll be watching product launches, testnets, liquidity, user activity and ecosystem traction closely.

GIWA isn’t waiting for mainnet. Forty-eight teams are already live on Upbit’s L2: DeFi, RWA, games, social, infra. One-second blocks. A whole roof going up in public. This is the Korean stack before the floodgates open. Don’t blink. Here’s the most valuable list of teams currently deployed on @GIWA_by_Upbit ✅ Launchpads 1. @GIWALAUNCHPAD — the first launchpad live on GIWA: pump-style fair launches, bonding curves, auto-graduation to permanently locked liquidity, everything onchain. 2. @JoseonFun — Make history 3. @kachidotxyz — 오늘의 화제를 같이 거래하는 곳 · 까치. trade internet culture, together 4. @GiwaPump — Token launchpad 5. @GIWAForge — Token launchpad 6. @GiwaGasok — #1 Launchpad 7. @gasokfun — The Fun Layer 8. @Lucrari_fi — 어떤 체인의 누구보다 먼저 출시하세요 9. @MapaeGiwa — MAPAE (마패) is a creator token issuance platform on GIWA Chain. 10. @MemeFab_fun — The meme launchpad on GIWA. From meme to market. Currently building. 11. @Flutchdotfun — Building the launch infrastructure for the next generation of builders | we’re not launching a token 12. @cheomafun — The bonding-curve launchpad. Every token finds its curve. Climb to the yongmaru, graduate, liquidity locks forever. 13. @Kimchifunxyz — Launch coins on Giwa 14. @cookhousememe — Where ideas get cooked and communities ignite | Memecoin Launchpad 15. @gazuaxyz — The customizable stock-paired token launchpad 16. @hamrdotfun — One-click launches for viral memes on X. Launchpad built on Robinhood Chain and GIWA chain 17. @Jumak_app — JUMAK | Joseon NFT Launchpad. Collection #1: 5,000 Sanjeok - the bandits. WL open. 문은 열렸소. Don't ask names before sunrise. ✅DeFi 1. @GiwaterFinance — native liquidity / DEX and RWA distribution layer 2. @AmmoraHQ — programmable / dynamic liquidity markets 3. @OsigeExchange — DEX with swaps, copy trading, and on-chain tax tracking 4. @homos_exchange — DEX built around an in-house prop AMM 5. @zeoul_dex — DEX / liquidity hub 6. @CallPutApp — non-custodial on-chain options on stocks, ETFs, and crypto 7. @Writ_Fi — collateralized on-chain options 8. @quadrixfinance — on-chain asset-management vaults 9. @heronprotocol — DeFAI capital-allocation layer 10. @vigilanmarket — P2P hedging / risk layer with an AI agent ✅ RWA 1. @ELYSIA_HQ — RWA tokenization; GASOK piece is a perps venue 2. @Arco_Fi — tokenized fund issuance, ownership, and distribution 3. @custosfinance — RWA exchange 4. @IEUM_GIWA — on-chain escrow for Korean jeonse deposits and settlements ✅ Consumer / Payments 1. @SuperWalk_ — move-to-earn walking and running 2. @Flizyapp — chat-style wallet and payments 3. @Vitlane_ — AI agentic commerce 4. @XPayrPay — crypto payment gateway ✅GameFi / Gaming 1. @morenorisoft — sandbox game with on-chain trading of player creations 2. @TheBingoFi — on-chain bingo 3. @ARIWA_on_Giwa — raffles, light games, and tokens ✅ NFT / Collectibles 1. @jumak_app — 5,000-piece Joseon bandit pixel NFT collection 2. @TileOnGIWA — 1,111-piece collection planning a GIWA mainnet migration 3. @PunkOnGiwa — CryptoPunks-style collection for GIWA 4. @Giwatron — early GIWA NFT project 5. @GIWAUP — 2,222 Tilekeepers Korean-culture NFT, targeting mainnet day-1 mint 6. @elderwoodwiz — early GIWA NFT / collectible project 7. @pabalx — GASOK Phase 3 selectee listed as an NFT project; product not fully public 8. @GIWALAUNCHPAD — 8,888 on-chain tiles; mint proceeds buy-and-burn $GIWA; 3% protocol-fee share 9. @GIWALAUNCHPAD — companion NFT used with TILES in the GIWA.MARKETS on-chain game

Upbit might be quietly building one of the more interesting exchange-backed L2 ecosystems. A lot of people seem to be overlooking GIWA. GIWA Global Infrastructure for Web3 Access is Dunamu/Upbit's Ethereum L2, built on the OP Stack. The setup is pretty interesting: → 1-second block times → EVM compatible → Upbit/Dunamu operates the sequencer → Optimism acts as the backup → ETH is used for gas → No official GIWA token has been announced The bigger story is what sits around the chain. GIWA is also building a wallet, on-chain identity/attestation through Dojang, privacy infrastructure through Bojagi, KRW/stablecoin payment rails, and GASOK, an accelerator designed to bring builders onto the ecosystem. And the testnet is already seeing significant activity. 120M+ transactions 30.8M+ addresses The official GIWA explorer now shows even higher cumulative testnet activity, so the network is clearly being used rather than sitting idle. There’s also an important point about the funding numbers floating around CT. I wouldn't treat the often-mentioned $143M GIWA raise as an official funding round. The ~$10–11B figure being circulated refers to Dunamu’s company valuation, not money raised by GIWA itself. In other words, this isn't a normal L2 launching with a VC/token fundraising story. It is being built by the company behind one of Korea’s largest crypto exchanges. That changes the distribution angle. If GIWA eventually gets pushed directly toward Upbit’s existing user base, the potential onboarding funnel is very different from a completely new chain starting from zero. And GIWA is already building the ecosystem around it. My GIWA watchlist DeFi / Infrastructure • @heronprotocol — DeFAI capital allocation • @quadrixfinance — on-chain asset management / vaults • @AmmoraHQ — programmable liquidity infrastructure • @custosfinance — RWA-focused trading infrastructure • @OsigeExchange — GIWA DEX + trading tools • @CheomaYield_xyz — GIWA yield / DeFi • @ZKProofport — zero-knowledge infrastructure • @Hanok_io — on-chain contribution / rights infrastructure • @kaachi_io — wallet-based marketing + rewards • @GiwaterFinance — liquidity / DeFi infrastructure Consumer / NFTs / Games • @jumak_app — Joseon-themed pixel NFTs • @pabalx — on-chain horse racing / social game • @TileOnGIWA — GIWA NFT collection • @PunkOnGiwa — CryptoPunks-inspired NFTs • @elderwoodwiz — early GIWA NFT collection • @GIWAUP — NFT / community project • @Writ_Fi — fully collateralized on-chain options Launchpads / Meme Economy • @gasokfun • @GIWAForge • @GIWALAUNCHPAD • @JoseonFun • @hamrdotfun • @Kimchifunxyz • @GiwaPump • @Gazuaxyz • @memefab_fun • @GiwaGasok • @MapaeGiwa Most of these are early-stage projects, so the watchlist is exactly that: a watchlist, not an endorsement. AI / Social / Other • @OreumLabs — on-chain information / curation • @TheBingoFi — GIWA-focused GameFi • @umul_giwa — GIWA messaging protocol One thing I find interesting is that GIWA isn't only positioning itself as another L2. The official roadmap connects the chain with wallet infrastructure, stablecoin payments, on-chain verification, and builder onboarding. GASOK is already offering grants, development resources, wallet integration opportunities and a path toward mainnet deployment. Mainnet is still listed as in development. So for me, the interesting question isn't: “Does @GIWA_by_Upbit have a token?” It doesn't appear to have an official one right now. The more interesting question is: What happens if Upbit turns its existing user base into GIWA users? That's the part I'm watching.

Upbit didn't launch another L2 It built a pipeline to turn Korea's biggest exchange user base into on-chain users. 330M+ testnet txns. 150M+ addresses. Mainnet still to come. We mapped every team building on @GIWA_by_Upbit so far. 31 projects, 4 sectors: DeFi and infrastructure @heronprotocol @quadrixfinance @AmmoraHQ @custosfinance @OsigeExchange @ZKProofport @Hanok_io @kaachi_io @GiwaterFinance The plumbing everything else settles on. Consumer, NFTs and games @jumak_app @pabalx @TileOnGIWA @PunkOnGiwa @elderwoodwiz @GIWAUP @Writ_Fi Where Upbit users stop being traders and start being players. Launchpads and the meme economy @gasokfun @GIWAForge @GIWALAUNCHPAD @JoseonFun @hamrdotfun @Kimchifunxyz @GiwaPump @Gazuaxyz @memefab_fun @GiwaGasok @MapaeGiwa The biggest sector on the map. Korean retail never needed convincing on this one. AI, social and everything else @OreumLabs @TheBingoFi @umul_giwa Small list today. It won't stay that way. And us: Cheoma is building GIWA's yield layer. Stablecoins in, a fixed 13% APY out, mostly from GCC sukuk. Every app on this map will end up holding idle stables at some point. Building on GIWA and see where that fits? Our DMs are open.

5|8 Launchpads .@arrowlaunchpad — Multichain meme launchpad with anti-sniper protection (bio doesn't list GIWA) .@cheomafun — Bonding-curve token launchpad on GIWA; graduated liquidity locked permanently .@Gamsadotfun — Token launchpad for GIWA .@Kajadotfun — Token launchpad built for GIWA, pitched as premium .@Lucrari_fi — Token launch platform tied to GIWA .@JoseonFun — Token launchpad and swap on GIWA, built on JoseonSwap .@GiwaPump — Token launchpad on GIWA .@MapaeGiwa — Creator token issuance platform on GIWA; GASOK Phase 3 cohort .@gordpro_ — Bonding-curve token launchpad on GIWA with buyback and burn .@memefab_fun — Meme token launchpad on GIWA: launch, discover, graduate .@gasokfun — Fun layer of GIWA .@hamrdotfun — Launch tokens on Pumpfun, then migrate them to GIWA .@Kimchifunxyz — Coin launchpad on GIWA .@cookhousememe — Community token launchpad on GIWA .@Gazuaxyz — Launchpad for coins paired with stocks or other coins .@GIWAForge — Token launchpad built on GIWA .@GamaDotWin — Token launch discovery platform on GIWA (at waitlist stage) .@GIWALAUNCHPAD — Fair-launch launchpad with bonding curves on GIWA .@GiwaGasok — Token launchpad on GIWA with Uniswap V3 locked liquidity .@deuslaunch — Token launchpad on GIWA, testnet live .@tokeun_xyz — Project/token launch platform on GIWA .@yongdotfamily — Fair-launch meme launchpad on GIWA (site: coming soon) .@LaunchBL — Ballast: fair bonding-curve launchpad on GIWA, graduates to Uniswap v4 .@yongdotfun — Coin launchpad on GIWA .@Bbang_GIWA — Token launchpad with daily quests and leaderboard on GIWA Sepolia .@giwa_uprising — Meme token launchpad on GIWA; waitlist stage .@GiwaHub — Pre-mainnet token creation and trading with bonding curves on GIWA .@GiwaInscribe — Inscription launchpad on GIWA: mint, wrap, trade .@sweep_haus — Multichain NFT launcher and marketplace .@JakduPump — Token launch and trading hub for GIWA tokens

List of 24 early projects on GIWA NFT: @Giwatron @elderwoodwiz @PunkOnGiwa @GIWAUP @jumak_app Launchpad: @gasokfun @hamrdotfun @Kimchifunxyz @cookhousememe @Gazuaxyz @GIWAForge @GiwaPump @memefab_fun @GIWALAUNCHPAD @GiwaGasok Memecoin: @Deoksangi @Loopy_GIWA @Gaejuki_Giwa Other: @GIWA_Accordpay – payments infra @OsigeExchange – DEX @AmmoraHQ – liquidity infra @Hanok_io – infra @kaachi_io – wallet infra @pabalx – famefi/on-chain Gonna research more to find early projects. We need something that launches better than Arc, yet can compete with Robinhood.