
Mukesh Ambani, the chairman of Reliance Industries, has made a significant move into the blockchain and cryptocurrency space with the introduction of Reliance Jio Coin. This venture aims to elevate India’s crypto market and bring blockchain-based rewards to users across the country.
What Are Jio Coins?
According to Reliance’s FAQ section, Jio Coins are blockchain-based reward tokens that users can earn by interacting with various mobile or internet-based apps designated by Jio Platforms Limited (JPL) using their Indian mobile numbers. The technology arm of Reliance, Jio Platforms, has partnered with Polygon Labs to bring Web3 and blockchain advancements to India.
Market Value and Circulation of Jio Coins
As per the latest data from Wallet Investor, the value of one Jio Token is Rs 21.995, making 100 Jio Coins worth Rs 2,199.529. The market capitalization of Jio Coin currently stands at Rs 38,635,984, reflecting its overall valuation in the cryptocurrency market. Additionally, the total number of Jio Coins in circulation is 1,908,130 tokens.
How to Earn Jio Coins
To start earning Jio Coins, users need to follow these steps:
- Download and set up the JioSphere Browser.
- Register using your Jio number.
- Open the Jio Coin Wallet.
- Sign in and begin earning rewards through the platform.
Jio Coins can be earned by using the JioSphere web browser from any device, whether it’s an Android smartphone, iPhone, Windows PC, or MacBook. Additionally, Jio Coins can be accumulated through Jio apps such as JioSphere, Jio Mart, Jio Cinema, and My Jio.
Uses of Jio Coins
According to various media reports, Jio Coins can be used for multiple purposes, including mobile recharges and shopping discounts. This innovative use of blockchain-based rewards is gaining attention and changing India’s crypto market.
Mukesh Ambani’s grand crypto bet with Reliance Jio Coin is reshaping India’s digital economy.
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