Crypto entertainment platform 1win said it will hold a public sale for its Solana-native token, 1WIN, at 4 p.m. BST on Oct. 15, 2026, according to ChainCatcher. The company said the token is designed to expand Web3 use cases across its existing gaming ecosystem, support user rewards, and introduce a token model tied to revenue.
1WIN will have a fixed total supply of 1 billion tokens, with no additional issuance after the token generation event, or TGE. The stated use cases include gaming, lottery products, rewards, and other ecosystem functions. 1win also outlined two token mechanisms: using gaming revenue to buy back 1WIN on the open market, and permanently burning 10% of 1WIN spent on supported platform products through smart contracts.
On allocation, 51% of supply is designated for users. That includes 25% for the platform’s game rewards pool, 18% for Wager Rewards, and 8% to be distributed through the 1win Telegram Mini App. The company added that the token will be compatible with standard Solana wallets and decentralized exchanges. 1win said it has 100 million registered players in international markets and that its current business operates independently from the token.
Crypto entertainment platform 1win will hold a public sale for its Solana-native token 1WIN at 4 p.m. BST on Oct. 15, 2026, according to ChainCatcher.
The company said the token is intended to expand Web3 use cases across its existing gaming ecosystem, support user rewards, and introduce a revenue-linked token mechanism. 1WIN will have a fixed total supply of 1 billion tokens, with no further issuance after the token generation event, or TGE. Its stated uses include gaming, lottery products, rewards, and other ecosystem functions.
Buyback and burn structure
1win outlined two mechanisms for the token. First, it said gaming revenue will be used to buy back 1WIN on the open market. Second, 10% of 1WIN spent on supported products on the platform will be permanently burned through smart contracts.
Token allocation
According to the release, 51% of total supply is allocated to users. That breaks down as follows:
- 25% for the platform’s game rewards pool;
- 18% for Wager Rewards;
- 8% to be distributed through the 1win Telegram Mini App.
The company also said 1WIN will be accessible through standard Solana wallets and decentralized exchanges.
Existing platform operations
1win said it has 100 million registered players in international markets. It added that its current business operates independently from the token and generates revenue through gaming and entertainment products.
The platform already supports multi-chain cryptocurrency deposits and withdrawals. It also said wallet login was introduced earlier this year through Trust Wallet, MetaMask, and WalletConnect.
1win was founded in 2016 and operates across Asia, Latin America, and Africa.
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