Jio Coin: What is Jio Coin? How to Earn a Jio Coin?
Like Bitcoin, Jio Coin is now being talked about in India. This coin of Mukesh Ambani’s company Reliance Jio has become a ‘hot topic’ for a long time. A frequent question in everyone’s mind is how much one Jio Coin is worth and how can we earn this Coin for free? Everyone is looking for answers to these questions, if you are also interested in knowing about it, then go through this article and know in detail about Jio coin.
What is Jio Coin?
First it is necessary to understand what JioCoin is. JioCoin is a digital currency, now it is not correct to call it a cryptocurrency. Instead of a blockchain powered cryptocurrency like Ethereum or Bitcoin, Reliance Jio’s coin is more associated with a rewards token or digital loyalty points.
According to an ET report, these coins created on the Polygon blockchain can be used in apps that provide geo-services. Coins can be earned by making in-app purchases. Jio Coins can prove to be a game-changer as these coins can be used for discounts on Jio apps.
What is the Price of a Jio Coin?
According to a report by The Times of India, the company has not officially confirmed the price of JioCoin yet, but business analysts estimate that the price of one token could start from $0.50 (about Rs. 43.30). It will be interesting to see how well JioCoin integrates with Reliance Jio’s larger ecosystem, such as popular services like Reliance Petrol Pumps and Jiomart, in the coming days.
How to Earn Jio Coin?
To earn Jio Coins, install JioSphere app on your phone. This app is available for Android and Apple users. After the app is installed, create an account in the app. Start using the app. By using this app, you will gradually start earning coins as rewards which will be added to the Polygon wallet provided in the app.
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