1win has launched its own token, $1WIN. The token sale opened on Thursday, October 15, at 18:00 Cyprus time, and the token listing will be announced after the sale ends.
In short, it’s an iGaming token on Solana from a platform that has been running since 2016. Below we break down how it works and what it gives players.
Why a profitable business needs a token
Crypto casinos usually launch a token to build an audience. 1win is the other way around: nine years of operation, millions of players and real revenue. The platform is profitable without a token, so $1WIN isn’t a matter of survival for it. It’s a way to strengthen an ecosystem that already works.
That’s where the core mechanic comes from: buyback. Users play with fiat or other crypto, the platform earns revenue, and part of it goes into a buyback treasury. 1win uses that money to regularly buy $1WIN back from the market.
One important detail: buybacks are paid for with gaming revenue, not token reserves. So demand for $1WIN rests on a working business, and every one of these transactions can be verified on-chain.
The supply only goes down
There are 1 billion $1WIN in total. No new tokens will appear after TGE: no extra minting and no inflationary mechanics.
On top of that, there’s a burn. 10% of all $1WIN spent on the platform (bets, lottery tickets) is permanently destroyed by a smart contract. The burn runs daily, with the first one 30 days after TGE.
So two mechanics pull in the same direction: buybacks create demand, burns cut supply. Both are automated and visible on-chain.
What users get
More than half of all tokens, 51% of supply, is distributed through player activity. An active user here isn’t just a customer but a participant in the ecosystem.
| Pool | Share of supply | Tokens |
| Games (platform reward pools) | 25% | 250M |
| Wager Rewards | 18% | 180M |
| TMA Airdrop | 8% | 80M |
$1WIN as an in-game currency. You can play with the token across every mode: slots, betting, live games, originals. 10% of every spend is burned. The more the community plays, the fewer tokens stay in circulation, and that works for every holder.
Daily lottery. Tickets are $1WIN only. Pick 5 numbers from 1 to 36 and one jackpot number from 1 to 10. Up to 100 tickets per person per day, the 6/6 jackpot pays $10,000 plus 20% of the daily pool, paid out instantly in $1WIN.
Wager Rewards. A program for people who play with crypto. Bets earn Points, extra quests pay out in USDT, and there’s a leaderboard. At the end of each season, top participants receive $1WIN from the 180M pool. The program launches after the token goes live, and rewards unlock at 8.33% per month.
Telegram Mini App airdrop. 80M tokens are distributed for points earned in the TMA. Withdrawals to a Solana wallet open after listing.
Since $1WIN is a native SPL token, it lives in standard Solana wallets and trades on Solana DEXs with no bridges involved.
Vesting: no sharp dump at launch
Only Token Sale and TMA Airdrop unlocked in full at TGE, 21% of supply combined. Everything meant for the ecosystem unlocks gradually, and the early unlock schedule is known in advance.
| Category | Share of supply | At TGE | After |
| Games | 25% | 10% | 5% per month |
| Wager Rewards | 18% | 0% | 8.33% per month |
| Token Sale | 13% | 100% | — |
| Treasury | 10% | 0% | 9-month cliff, then 4% per month |
| TMA Airdrop | 8% | 100% | — |
| Marketing | 6% | 20% | 8% per month |
| Liquidity | 20% | 10% | 7.5% per month |
Token sale: October 15, 18:00 Cyprus time
The public sale ran on an oversubscription model instead of first come, first served. The volume was fixed, participants deposited USDC into a shared pool, and after two weeks everyone received a share proportional to their deposit. Unused USDC was returned.
| Parameter | Value |
| Start | Thursday, October 15, 18:00 Cyprus time |
| Volume | 130M $1WIN (13% of supply) |
| Price | $0.03 in USDC |
| Minimum deposit | $10, no maximum |
| Distribution | after 2 weeks, proportional to deposit |
| FDV at TGE | $30M |
| Listing | will be announced after the sale ends |
Here’s how it worked in practice: the full volume was worth $3.9M. If the pool received twice that, everyone got tokens for half their deposit and the other half came back. Bots and whales couldn’t grab the whole allocation in the first few seconds; everyone played by the same rules.
Transparency
Every mechanic runs through smart contracts on Solana. CertiK and Halborn have completed their audits, and the reports will be published, and the reports will be published publicly. Burns can be tracked in real time on the Burn Dashboard, and buyback reports come out regularly. There are no hidden reserves; everything is verifiable on-chain.
Bottom line
$1WIN isn’t a memecoin or a whitepaper promise. Behind it is a platform that has been earning for nine years and now puts part of its revenue into buying the token back, and its gaming activity into burning it. For players that means rewards, a lottery and an airdrop; for holders, a shrinking supply.
To recap: the token sale opened on October 15 at 18:00 Cyprus time, and $1WIN was listed on November.
