Billionaire Mukesh Ambani led Jio Platforms 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.
Media reports suggest that this partnership will allow Jio users to enjoy better privacy and control over their data, while accessing new and innovative services. Furthermore, Jio Coin is speculated to be the Reliance Industries’ newest project, bringing blockchain technology to India, according to the report by “CoinDCX”. Social media users first found mention of Jio Coin on JioSphere, the company’s web browser for Android and iOS devices.
Notably, this virtual coin is believed to be the India’s largest conglomerate’s entry into the world of cryptos. According to “CoinDCX”, JioCoin’s launch could lead to more people in India using cryptocurrencies. Several social media users are speculating that Jio Coin could be India’s answer to the cryptocurrency. However, it is too early to say that it could anyhow compete to world’s largest cryptocurrency, Bitcoin, as yet.
Jio Coin: How 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 Jio Coins Programme: Register for the JioCoins programme through the profile section to start earning JioCoin.
Notably, while the official valuation of the virtual coin hasn’t been disclosed. However, media reports estimates suggest it could be valued around Rs 43 per token. Considering the success of Bitcoin, people are speculating that it can make people millionaires in the future. However, since Reliance hasn’t released any official information about the project. The best possible way to treat these claims is with cautiousness as of now.
