1win Launches Dual-Chain Token Featuring Buyback and Burn Model

1win Launches Dual-Chain Token Featuring Buyback and Burn Model

**1win**, a leading iGaming company with a significant global workforce, is preparing to introduce its own **cryptocurrency**, the **1win Token**.

## The Bigger the Platform, the Bigger the Revenue

This development aligns with the company’s strategy to integrate its gaming platform more effectively with **blockchain activity**. The token will operate on both **Solana** and **BNB Chain**, providing users access to two prominent blockchain networks.

The launch includes an **airdrop** targeting users of the **1win Token TMA**, a Telegram mini-app centered around a **tap-to-earn game**. This game has attracted millions of players since its introduction.

These players, along with newcomers, will have access to the initial token distribution, with qualifying criteria already published by the company.

1win, operating in Asia, Latin America, and Africa, designed the token to be more than just a speculative investment. It will be used across the platform for **casino games, sports betting, lotteries, and seasonal events**.

**Alex Filkin, head of crypto at 1win**, outlined the core idea: to directly link the token’s value to the platform’s performance.

“The bigger the platform gets, the more revenue it generates, the more tokens are bought back and burned,” Filkin stated. “It’s a transparent model directly linked to real product usage and platform growth.”

## Two Systems Behind

The model is built on two automated systems. The first involves a **weekly buyback connected to cashback**. Each week, 1win will allocate a portion of its revenue from both fiat and crypto activities to purchase tokens from the open market.

These tokens will be given to users opting for cashback in $1WIN. For those transacting directly in the token, the platform will bypass the buyback step, using existing allocations instead.

The second mechanism is a **daily token burn**. Each day, 10% of all tokens spent on the platform will be permanently removed from circulation.

This process applies to gameplay, lottery entries, BattlePass features, and more. Over time, it will reduce the total supply, increasing the scarcity of remaining tokens.

The supply is **capped at 10 billion tokens**, divided between Solana and BNB Chain. This limit is embedded in the smart contracts and cannot be altered.

Buybacks, burns, and cashback distributions will be automatically executed via audited contracts, allowing anyone interested to verify the system’s operations.

For **players**, this means easier access to crypto deposit bonuses, faster cashouts—often processed in under 90 seconds—and token-exclusive features.

For **DeFi users**, the draw is the regular buyback demand, dual-chain liquidity, staking options, and vesting structures designed to manage distribution. In 2025, the company selected **MMA star Jon Jones** as its global ambassador.