1win Details Token Launch Across Solana and BNB Networks

International iGaming brand 1win has confirmed plans to introduce 1win Token, a native digital asset designed to operate across its gaming ecosystem. The token will launch simultaneously on the Solana and BNB Chain networks, allowing users to benefit from the technical features and wallet compatibility offered by both blockchains. The announcement positions the token as a core component of the platform’s long-term crypto strategy rather than a standalone asset.

Access to the initial distribution will be limited. Participation in the airdrop is restricted to users of the 1win Token TMA, a Telegram Mini App built around a tap-to-earn format. Since its release, the mini-game has attracted millions of users, forming the primary entry point for early token engagement.

Token Mechanics Tied To Platform Activity

1win Token has been designed specifically for iGaming-related use cases within the platform. Holders can use $1WIN across games, sports betting features, and lottery-style modes. The token also plays a role in cashback systems, where eligible users receive periodic rewards through automated processes.

Alex Filkin, Head of Crypto at 1win, said: “The bigger the platform gets, the more revenue it generates, the more tokens are bought back and burned”. He added: “It’s a transparent model directly linked to real product usage and platform growth.”

To support this structure, the token relies on two separate mechanisms that operate continuously. The Weekly Buyback allocates a portion of platform revenue, generated through both fiat and digital asset activity, to purchase tokens from the open market. These repurchased tokens are then distributed to users who choose to receive cashback in $1WIN. When activity takes place directly using the token, cashback payouts come from existing allocations instead, and no buyback occurs during that cycle.

Daily Burn And Capped Supply Structure

Alongside weekly repurchases, the Daily Token Burn permanently removes supply from circulation. Each day, 10% of all tokens spent on the platform, including usage in games, lotteries, and BattlePass features, are burned. This process reduces total supply over time and increases scarcity among remaining tokens.

The total supply of 1win Token is capped at 10 billion units. This limit is split between Solana and BNB Chain and is hard-coded into the smart contracts. The supply cannot be increased. All buyback, burn, and cashback operations run automatically through audited smart contracts on both networks, providing full on-chain transparency.

Utility For Players And DeFi Participants

For players, the token introduces crypto-based deposit bonus programmes with defined limits, faster deposit and withdrawal processing that typically completes in under 90 seconds, and access to lottery-style features reserved for token holders. Eligibility for the TMA-based airdrop also remains exclusive to participants using the Telegram Mini App.

From a decentralised finance perspective, the project offers ongoing token demand through weekly repurchase activity, dual-chain availability across decentralised exchanges and liquidity pools, and staking and reward mechanisms intended for on-chain users. Vesting frameworks are also in place to manage how tokens enter circulation over time.

Interest in the token launch has already emerged across both gaming and crypto communities, as 1win prepares to integrate the asset fully into its platform operations following deployment on Solana and BNB Chain.

Source:

“1win announced token launch on Solana and BNB networks”, agbrief.com, January 29, 2026