1win launched its $1WIN token on Solana, and trading has begun on Meteora. The company says more than 6,100 investors committed $61,024,107.76 in USDC during a two-week public sale, but that figure is not the amount raised: 130 million tokens were sold at $0.03 each, with allocations made pro rata and surplus USDC to be returned.
About 267 million of the planned one billion tokens were unlocked at launch. 1win says it will use part of its gaming revenue for periodic token buybacks and make its first planned token burn 30 days after the token generation event. CertiK and Halborn reviewed the token and sale-and-burn contracts before launch; neither audit found critical or high-severity vulnerabilities.
