1win launches $1WIN on Meteora after $61m in sale commitments

1win has launched trading for its Solana-based $1WIN token on Meteora after a two-week public sale attracted $61 million in USDC commitments from more than 6,100 participants. Summary Public sale commitments reached $61 million against a $3.9 million token allocation. Participants receive tokens proportionally, with unused USDC returned when they claim their allocations. Approximately 267 million tokens unlock at launch out of a fixed one-billion-token supply. Gaming revenue will fund buybacks, while supported platform spending will trigger token burns. According to 1win’s Nov. 3 announcement shared with crypto.news, the sale offered 130 million tokens at $0.03 USDC each and finished 15.647 times oversubscribed. Trading is now available through Meteora, a decentralized liquidity protocol on Solana. The company’s figures put the value of the public allocation at $3.9 million. Commitments exceeded that amount by approximately $57.12 million, which is due back to participants through the sale’s refund mechanism. The $61 million figure represents total commitments, including funds that will be returned. $1WIN sale allocates tokens proportionally Under the sale structure described by 1w...