By Finbold | Created at 2026-10-13 15:21:14 | Updated at 2026-10-13 17:56:14
2 hours ago
1win, a crypto entertainment platform, has announced the upcoming public sale of $1WIN, a new Solana-based token designed to extend its existing gaming ecosystem with Web3 utility, user rewards, and revenue-linked mechanics. The token sale opens on October 15 at 4pm BST.
The public sale marks the next stage in the rollout of $1WIN to a platform serving 100 million registered players across international markets.
Unlike token projects built around a future product roadmap, 1win’s existing business operates independently of the token and already generates revenue through its gaming and entertainment products.
Revenue-funded buybacks and burn mechanism link token supply to platform activity
$1WIN will have a fixed total supply of 1 billion tokens with no additional minting after the token generation event.
Two mechanisms connect the token directly to activity on the existing platform: open-market buybacks funded by gaming revenue, and the permanent burning of 10% of $1WIN spent through supported platform products via smart contract.
Rather than financing buybacks from a finite pool of token reserves, 1win plans to fund regular $1WIN purchases using revenue generated by its existing gaming business.
The majority of the token supply is allocated around user participation. 51% of the total supply is designated for user-facing mechanisms, including 25% for platform game reward pools, 18% for Wager Rewards, and 8% for distribution through the 1win Telegram Mini App.
$1WIN will be issued as a native token on Solana, allowing it to integrate with standard Solana wallets and decentralized exchanges.
The platform already supports multi-chain cryptocurrency deposits and withdrawals and introduced wallet-based authentication through Trust Wallet, MetaMask, and WalletConnect earlier this year.
Featured image via Shutterstock.
Best Crypto Exchange for Intermediate Traders and Investors
-
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
-
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
30+ million Users worldwide
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Join Finbold's newsroom, become a Sales Executive today!
Apply now to join Finbold as a crypto/finance news writer!
