1win Launches Dual-Chain Token with Buyback and Burn Features
Introduction to 1win’s New Crypto Token
1win, a prominent iGaming company with a global workforce and a strong presence worldwide, is set to introduce its own cryptocurrency called the 1win Token. This move marks a significant step in integrating blockchain technology into its gaming platform.
Integrating Platform Growth with Token Value
The 1win Token is designed to operate on two major blockchain networks, Solana and BNB Chain, providing users with diverse and efficient options for transactions. This strategy aims to strengthen the connection between the gaming platform and blockchain activity, enhancing the overall user experience.
To celebrate the launch, 1win is offering an airdrop targeted at users of its Telegram mini app, which features a popular tap-to-earn game that has attracted millions. These users, along with new participants, stand to gain access to initial token distribution based on specific eligibility criteria already outlined by the company.
Token Utility Across the Platform
Serving more than just a speculative investment, the 1win Token is intended for everyday use within the ecosystem. It can be utilized for various gaming options including casino games, sports betting, lotteries, and special seasonal events across the company’s markets in Asia, Latin America, and Africa.
According to Alex Filkin, 1win’s Crypto Head, the token’s value is intrinsically linked to the platform’s success. The growth of the platform directly influences the token’s dynamics, where increased revenue results in a higher volume of tokens being bought back and burned, fostering a transparent and growth-driven economic model.
Dual Automated Systems: Buyback and Burn
The token operates on two key automated processes. Firstly, a weekly buyback system is linked to cashback programs. Portions of weekly revenue, derived from both fiat and cryptocurrency transactions, are used to repurchase tokens from the market, which are then distributed to users opting for cashback in tokens. Users transacting directly in tokens benefit from existing token pools without the need for buybacks.
Secondly, a daily burn mechanism permanently removes 10% of all tokens spent on the platform, covering activities like gameplay, lottery participation, and BattlePass features. This gradual reduction in token supply enhances scarcity and potential value over time.
The total token supply is capped at 10 billion, with allocations spread between Solana and BNB Chain. This cap is fixed in the smart contracts to ensure stability and predictability.
All processes related to buybacks, burns, and cashback distributions are managed by audited smart contracts, ensuring transparency and allowing users to verify the system autonomously.
Benefits for Players and DeFi Enthusiasts
For players, this token integration translates into easier access to cryptocurrency deposit bonuses and faster withdrawals, typically processed within 90 seconds, along with exclusive token-based features.
From the perspective of decentralized finance users, the 1win Token offers appealing incentives such as weekly demand-driven buybacks, liquidity across two blockchain networks, options for staking, and structured vesting to carefully manage token distribution.
To further boost its global presence, 1win appointed MMA champion Jon Jones as its ambassador in 2025, highlighting its commitment to growth and innovation in the gaming and crypto space.
