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1win sets 15 October public sale for Solana-based 1WIN token

The crypto entertainment platform will sell its 1WIN token from 15 October, with a fixed supply of one billion and 51% set aside for user rewards. Buybacks and burns are company promises, not verified facts.

Why it matters: It's a rare case of a gambling platform launching a token backed by an existing business, so the buyback and burn promises are worth watching closely.

·Editor-in-Chief · 5 min read

Reviewed and fact-checked by Jayshree Majumdar on 14 Oct 2026

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Illustration: “1win sets 15 October public sale for Solana-based 1WIN token”

In short

  • 1win opens the public sale of its Solana-based 1WIN token at 3pm UTC on 15 October 2026.
  • 1WIN has a fixed supply of one billion tokens, with no new minting after the token generation event.
  • 51% of supply goes to users: 25% gaming rewards, 18% betting rewards, 8% Telegram mini-app.
  • 1win says gaming revenue will fund buybacks and 10% of tokens spent will be burned; both are company claims.

1win will open the public sale of its Solana-based 1WIN token at 3pm UTC on 15 October 2026, the crypto entertainment platform said in a release. That's 4pm in London. The sale is the first time ordinary users can buy 1WIN, ahead of a wider rollout across 1win's games, lotteries and rewards.

1win is a crypto entertainment platform founded in 2016 that runs sports betting, casino, poker, slots, esports and live dealer games in one place, according to its own litepaper. It says it serves 100 million registered players across international markets, with a focus on Asia, Latin America and Africa. The company is based in Willemstad, Curaçao.

1win opens 1WIN sale on 15 October

The token will have a fixed total supply of one billion 1WIN, with no new tokens minted after the token generation event, according to the release. 1WIN is a native token on Solana, the fast, low-cost blockchain, so it can sit in standard Solana wallets and trade on decentralised exchanges. 1win says 51% of the supply goes to users: 25% to a gaming rewards pool, 18% to betting rewards and 8% to distribution through its Telegram mini-app.

1win

Two mechanisms are meant to tie the token to how much people actually play. First, 1win says it will use revenue from its existing gaming business to buy 1WIN on the open market regularly, rather than dipping into a fixed pot of reserves. Second, 10% of the 1WIN users spend in games or lotteries will be burned permanently through a smart contract, a piece of code that runs on its own. Both are company claims. Nobody outside 1win has verified that the buybacks or burns will happen as described.

What 1win is and who it serves

The token's smart contracts were audited by the blockchain security firms CertiK and Halborn, 1win said on 8 October. CertiK's published audit page lists 57 audited files and 10 findings: seven resolved, two partially resolved and one acknowledged, with no critical or major-severity issues. Halborn reported four findings, with no critical or high-severity issues, three resolved and one low-severity issue partially resolved.

For players, the practical question is what 1WIN is good for. The release says it will be used across 1win's games, lotteries and user rewards, and that the public sale is the first broader chance to get it before that rollout. The platform already takes multi-chain crypto deposits and withdrawals, and earlier this year added wallet-based sign-in through Trust Wallet, MetaMask and WalletConnect, so users can register, log in and deposit with a connected crypto wallet.

How the buyback and burn are meant to work

1win is leaning on its existing business rather than a future product. It says its gaming and entertainment products already generate revenue independently of the token, which is what would fund the buybacks. That's a different setup from projects that raise money first and build later. It also means the token's fortunes are tied to a gambling business whose numbers 1win has not published in the release.

The sale time is set, but plenty isn't. It isn't clear yet what price the tokens will sell at, how long the sale will run or which venues will list 1WIN after the token generation event. 1win has not said how much it hopes to raise. The buyback and burn promises rest on the company's own statements and its own audit pages, so treat them as claims until the platform's activity can be checked against them.

Questions readers ask

When does the 1win 1WIN token public sale start?

1win says the public sale of its Solana-based 1WIN token opens at 3pm UTC on 15 October 2026, which is 4pm in London. The sale is the first broader chance for users to buy 1WIN ahead of its rollout across 1win's games, lotteries and rewards.

How many 1WIN tokens will exist?

1WIN will have a fixed total supply of one billion tokens, according to 1win, with no additional minting after the token generation event. Of that, 51% is allocated to users: 25% to a gaming rewards pool, 18% to betting rewards and 8% to Telegram mini-app distribution.

How do the 1WIN buyback and burn work?

1win says it will use revenue from its existing gaming business to buy 1WIN on the open market regularly, and that 10% of the 1WIN users spend in games or lotteries will be burned permanently through a smart contract. Both are company claims that nobody outside 1win has verified.

Who audited the 1WIN token contracts?

1win said on 8 October 2026 that CertiK and Halborn completed independent audits of the 1WIN smart contracts. CertiK listed 57 audited files and 10 findings with no critical or major issues, while Halborn reported four findings with no critical or high-severity issues.

Our view

1win's token sale is a notable moment for crypto entertainment, and the interest around it is real. The structure is what makes it stand out: an operating iGaming business, a fixed supply of one billion 1WIN, and revenue-funded buybacks rather than a finite reserve. That is a more grounded design than most token launches, and the CertiK and Halborn audits give the contracts an independent look before the sale opens on 15 October.

The caution is that every promise here comes from 1win itself. The buybacks, the 10% burn and the 51% user allocation are company statements, and the platform has not published the gaming revenue that would fund them. The test is simple: watch whether buybacks and burns actually appear on-chain after the sale, and whether 1win discloses the numbers behind them. Until then, the structure is a plan, not a record.

Follow the latest Altcoins updates as they happen on Altcoins NewsFeeds.

— Ishu Aggarwal

What to watch: The public sale opens at 3pm UTC on 15 October 2026; 1win has not said the sale price, duration or listing venues.

Sources

Live updates on NewsFeeds:AltcoinsBy Ishu Aggarwal

Disclosure: Ishu Aggarwal does not own any cryptocurrency, tokens or shares in crypto companies, and is not paid by any company covered on this site, updated 6 October 2026. Our holdings and trading policy.

How this was produced: the writer drafted this piece with AI help, from the reporting and sources it names, then checked and edited it. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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