1win Announces Token Launch on Solana and BNB Networks

International iGaming brand 1win announced the upcoming launch of 1win Token, a native crypto asset supporting growth across the 1win ecosystem. The token will deploy on Solana and BNB Chain, allowing access to features from both blockchain environments.

1win announced a token launch across the Solana and BNB networks, marking a step in platform crypto development. The company officially announced the airdrop task criteria, available only to users of the 1win Token TMA Telegram Mini App. This tap-to-earn mini-game has attracted millions of participants since launch, showing strong user engagement.

 Alex Filkin, Head of Crypto at 1win, said platform growth increases revenue, leading to higher token buyback and burn. He added the model links real product usage with platform growth and keeps processes transparent. 1win Token was created for iGaming utility and supports usage across the full 1win platform. Users can apply $1WIN in games, sports wagering features, and lottery-style modes offered on the platform. The system enables periodic cashback distributions in tokens through an automated repurchase mechanism. The token operates on both Solana and BNB networks, supporting access through different tools and wallets. To support long-term balance, 1win Token applies two mechanisms named Weekly Buyback and Daily Token Burn.

Weekly Buyback and Revenue Allocation Mechanism

Under Weekly Buyback, 1win allocates part of the platform revenue each week to repurchase tokens from markets. This revenue comes from both fiat activity and digital asset activity across the platform. Repurchased tokens, then go to users selecting $1WIN cashback within the platform. When platform activity uses 1win Token directly, cashback comes from existing allocations without market repurchase.

Daily Token Burn follows a different process and removes 10% of tokens spent each day. This includes tokens used in games, lotteries, BattlePass, and other platform features. The process reduces total supply over time and limits circulating token availability. Total supply remains capped at 10 billion tokens across BNB Chain and Solana. Smart contracts lock this supply and prevent any increase in token numbers. Audited smart contracts manage buybacks, burns, and cashback across both blockchains.

Key Benefits for Users and Token Holders

• Players receive access to crypto deposit bonus programmes with defined limits.
• The platform supports deposit and withdrawal processing in under 90 seconds.
• Token holders gain access to lottery-style features on the platform.
• Eligible users can participate in a TMA-based airdrop mechanism.
• DeFi users benefit from token demand driven by weekly repurchase activity.
• The token supports dual-chain access across decentralised exchanges and liquidity pools.
• Staking and reward mechanisms support on-chain participation.
• Vesting frameworks help manage token distribution over time.

The project has already drawn interest from participants across crypto and gaming communities.