The cryptocurrency entertainment platform 1win will publicly sell 1WIN tokens

The cryptocurrency entertainment platform 1win announced that it will publicly sell the Solana native token 1WIN on October 15, 2026, at 4 PM (BST). The announcement states that the token will be used to expand the Web3 applications of the existing gaming ecosystem, user rewards, and a token mechanism linked to revenue. The total supply of 1WIN is fixed at 1 billion tokens, with no further issuance after the Token Generation Event (TGE). Its uses include gaming, lotteries, rewards, and other ecosystem functions.

The announcement lists two mechanisms: to repurchase 1WIN on the open market using gaming revenue; and to permanently destroy 10% of 1WIN spent on supported platform products through smart contracts. In terms of supply distribution, 51% is allocated to users, with 25% for the platform's gaming reward pool, 18% for Wager Rewards, and 8% distributed through the 1win Telegram Mini App. The token can be accessed via standard Solana wallets and decentralized exchanges.

1win claims that the platform has 100 million registered players in international markets, and its existing business operates independently of the token, generating revenue through gaming and entertainment products. The platform has supported multi-chain cryptocurrency deposits and withdrawals and stated that earlier this year it introduced wallet login through Trust Wallet, MetaMask, and WalletConnect. 1win was established in 2016, with operations covering Asia, Latin America, and Africa.