TokenWin
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
TokenWin was a crypto casino and sportsbook platform headquartered in Yerevan, Armenia, founded in 2022. It positioned itself as a premier online crypto gaming platform, offering more than 12,000 casino games from over 100 providers plus a sportsbook with around 30,000 monthly live events, supporting both fiat and crypto payments. The company targeted the global crypto-gambling market with fast games, proprietary RNG technology and web3 staking products, and operated offices in multiple countries. It raised a $5 million angel round in January 2023. The platform is now tracked as closed in company databases, with no public explanation of what led to its shutdown.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
TokenWin was founded in Yerevan, Armenia, as an online crypto gaming platform combining casino games with a sportsbook.
- Funding round
TokenWin raised a $5 million angel round in January 2023.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.