1win launches $1WIN token on Solana after $61 million public sale

1win, a crypto entertainment platform, has completed the Token Generation Event (TGE) for its native Solana token $1WIN, which is now live for trading on Meteora, a Solana-based liquidity protocol, according to information shared with Finbold on November 3, 2026.

The token launch follows a two-week public sale that received $61,024,107.76 in USDC commitments from more than 6,100 participants. The sale offered 130 million $1WIN tokens at $0.03 USDC each and was 15.647 times oversubscribed. 

The sale used a pro-rata model rather than a first-come-first-served structure, meaning each participant received a share of the 130 million tokens proportional to their total commitment, with unused USDC returned at the time of claiming.

Token supply and distribution

$1WIN has a fixed total supply of one billion tokens with no additional minting after TGE. Approximately 267 million tokens, around 27% of total supply, unlocked at TGE. Public sale participants can claim their allocation at 1wintoken.com by connecting the Solana wallet used during the sale.

As a native SPL token, $1WIN is compatible with standard Solana wallets and decentralised trading infrastructure. The Meteora listing provides on-chain liquidity from the platform’s liquidity allocation.

Buybacks and burns tied to gaming revenue

1win states that $1WIN’s tokenomics are connected to its existing gaming business, which has operated since 2016 and serves 100 million registered players. Regular open-market buybacks will be funded using gaming revenue rather than token reserves. Separately, 10% of $1WIN spent through supported platform products will be permanently burned.

The first token burn is scheduled for 30 days after TGE, with burns to be publicly trackable through an on-chain dashboard. Combined with the fixed supply and no additional issuance, the mechanisms are designed to reduce circulating supply over time.

Security audits conducted ahead of launch

CertiK and Halborn conducted independent security assessments of the Solana-based smart contracts supporting the $1WIN ecosystem ahead of the public sale and TGE, covering the token, sale, and burn functionality.

1win also introduced multi-chain cryptocurrency deposits and withdrawals earlier this year, alongside wallet-based authentication through Trust Wallet, MetaMask and WalletConnect.