1win Completes $1WIN Token Generation Event
The Solana-based token began on-chain trading on Meteora after a public sale that drew more than 6,100 participants.
Updated on Nov. 3, 2026 in Gambling
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1win completed the Token Generation Event for $1WIN, its native Solana token, which became available for on-chain trading on Meteora. The public sale raised $61,024,107.76 in USDC commitments, with 130 million tokens offered at $0.03 USDC and oversubscribed 15.647 times.
Why it matters
The launch brings a gambling platform's token into public circulation with a fixed supply of 1 billion tokens and a scheduled burn mechanism. Participants in the sale now hold tokens that are tradable on decentralized markets.
The public sale was held on a pro-rata model, with unused USDC returned to participant wallets at claim, and approximately 27% of the 1 billion total supply unlocked at TGE. Independent security assessments of the Solana smart contracts were conducted by CertiK and Halborn, though post-launch price performance has not been reported.
The players
1win
1win is an online gambling and betting platform that reports about 100 million registered players internationally and is the issuer of the $1WIN token.
The details
Public sale participants claim $1WIN by connecting the same Solana wallet used in the sale and approving a transaction, paying a small amount of SOL for the network fee. The first token burn is scheduled 30 days after TGE, and burns will be publicly trackable through an on-chain dashboard.
Timeline
Two weeks before TGE: public sale held.
November 3, 2026: TGE completed and $1WIN listed on Meteora.
30 days after TGE: first scheduled $1WIN token burn.
November 15, 2026: Lucky Drive draw with a Lamborghini Urus as top prize.
Culture Shift
The $1WIN launch reflects a broader move by consumer gambling brands to issue their own blockchain tokens tied to platform revenue. Its fixed supply and planned burns of 10% of platform spend place it within the growing set of Solana token launches that tie holder value to operating activity.
Public sale participants claim their $1WIN by approving a transaction from the same Solana wallet used in the sale, paying a small SOL network fee. Unused USDC is returned to participant wallets at claim, and the tokens are now tradable on Meteora.
The takeaway
Anyone who took part in the public sale should confirm their Solana wallet holds enough SOL to cover the claim fee before the scheduled burns begin. Tracking the on-chain burn dashboard is the most direct way to verify the supply reductions the project has announced.
What happens next
The first scheduled $1WIN token burn occurs 30 days after TGE, and the Lucky Drive draw takes place on November 15, 2026.
Further reading
For background on how betting platforms operate, see Gambling coverage.
More information
Claim your tokens through the $1WIN token claim section on the official 1win token site.
Source note: This article includes information reported by Cryptopolitan.
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