Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. After the announcement, social media users are excitingly 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.
Jio Coin is the newest project of Reliance Industries, bringing blockchain technology to India, according to the report by “CoinDCX”. Notably, this virtual coin is believed to be the India’s largest conglomerate’s entry into the world of cryptocurrencies. According to “CoinDCX”, JioCoin’s launch could lead to more people in India using cryptocurrencies.
Meanwhile, the official valuation of this virtual coin hasn’t been disclosed as yet. However, media reports suggest that it could be valued around Rs 43 ($0.50) per token.
Jio Coin vs Bitcoin
Jio Coin: Jio Coin is considered to be the Reliance Industries’ newest project, bringing blockchain technology to India. This is banging entry of Reliance into the world of cryptocurrencies. According to media reports, the virtual coin of Jio may be valued around Rs 43 ($0.50) per token. The market capitalization of this much anticipated crypto token is not yet revealed.
Bitcoin: Bitcoin is the biggest cryptocurrency of the world, which costs $100,300.81 as of now. Bitcoin has the total market valuation of $1,987.52 billion. In 2009, the first Bitcoin exchange happened. Moreover, users initially traded 5,050 Bitcoins for just $5.02, making each Bitcoin worth about $0.00099.
Steps To Earn Jio’s Crypto Token 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.
ALSO READ: Reliance Jio Coin: Want To Earn Coins? Here’s Full List of Eligibility Criteria You Must Meet
