Jio Coin launched: The country's largest telecom company Reliance Jio has now entered the cryptocurrency market and blockchain. Users using Geosphere web browser are now seeing a new option. This new option is visible in the name of JioCoin. This is a crypto token. However, no announcement has been made by the company in this regard yet.
Jio's partnership with Polygon Labs
Reliance Jio has partnered with Polygon Labs to enter the cryptocurrency market and blockchain. Its purpose is to further strengthen Jio's digital offering.
What is Jio Coin?
Jio Coin is a type of token, which works on Polygon blockchain. By using this token or Jio Coin, users can access Jio's services. With this, users can avail the benefits of mobile recharge, shopping at Reliance Store, JioMart and Reliance Gas Station.
Talking about the price of Jio Coin, no information has been given by the company about it yet. According to the report, the possible price of this coin could be around Rs 43.30. At the same time, the price of this coin may also increase with time.
According to Jio's FAQ, Jio Coins are blockchain-based reward tokens that users can earn using their Indian mobile number by connecting to various mobile or internet-based apps set by Jio Platforms Limited (JPL).
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