Jio Platforms, led by Mukesh Ambani, has partnered with internet technology company Polygon Labs. Since the announcement, social media users are excitedly talking about “Jio Coin” and sharing screenshots online. Notably, Reliance’s tech subsidiary, Jio Platforms, has partnered with Polygon Labs to bring Web3 and blockchain technology to India.
According to media reports, this partnership will allow Jio users to enjoy better privacy and control over their data, while accessing new and innovative services. Moreover, Jio Coin is speculated to be the Reliance Industries’ newest project, bringing blockchain technology to India, according to the report by “CoinDCX”.
Jio Coin: Check Steps To Earn It For Free
- Download and Install JioSphere: Get the JioSphere web browser on your device, available on Android, iOS, Windows, Mac, Android TV, and other platforms.
- Access the Profile Section: Open the JioSphere app and navigate to the profile section.
- Sign up for JioCoins Programme: Register for the JioCoins programme through the profile section to start earning JioCoin.
More Details On Jio Coin
JioCoin is a blockchain-based reward token leveraging Ethereum Layer 2 technology, listed on the prominent Polygon. Furthermore, its primary purpose is to incentivize users for engaging with various Jio apps and services. This exclusive program is limited to users with Indian mobile numbers.
Although the official valuation of this virtual coin remains undisclosed, but media reports estimate its value to be approximately Rs 43 per token.
Will Reliance’s Cryptocurrency Make You A Crorepati?
Rumors on social media suggest Jio Coin may have future applications, such as mobile recharges, shopping discounts, and fuel payments. Considering the success of Bitcoin, people are speculating that it can make people crorepati in the future. However, since Reliance hasn’t released any official information about the project, it’s best to treat these claims with cautiousness until further confirmation is provided.
ALSO READ: JioCoin: The Crypto Revolution Powered By Mukesh Ambani’s Reliance? Here’s What You Need To Know
