What is Mukesh Ambani’s Jio Coin ?
India’s richest businessman Sh. Mukesh Ambani has partnered with Polygon Labs to promote blockchain and Web3 technologies through his company, Reliance Jio. This collaboration aims to strengthen Jio’s digital offerings and services.
It is a blockchain-based reward token. It can be earned through interactions with Jio’s various apps and services. These services are namely, MyJio and JioCinema. Additionally, by using Jio Sphere browser users can earn tokens by browsing the internet. These tokens are stored in users’ Polygon wallets. Currently Jio Coins cannot be transferred or sold in any market.
There is a new coin in town. One of the key parts of the announcement is that it can be earned for free, although it does require Jio users to do certain things.
Want to earn Jio Coin, Here is How?
It cannot be purchased directly. To earn it, you need to use the JioSphere browser:
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Download the JioSphere browser on your Android or iOS device.
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Sign up using your Jio number.
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Click on the profile icon and select the ‘Jio Coin Wallet’ option.
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Once logged in, you can start earning tokens.
Jio Coin Price ?
There has not been any official disclosure regarding the price of it.
Government’s Stance On Cryptocurrency In India
The Indian government does not recognize cryptocurrency as legal tender. Earnings from cryptocurrency are subject to a 30% tax, along with a 1% TDS (Tax Deducted at Source). Finance Minister Nirmala Sitharaman has also made it clear that the government maintains a strict stance on cryptocurrency.
How to earn and use JioCoin for free?
As stated above, JioCoins can be gained through performing tasks on Jio apps and services. Currently, Jio Platforms’ browser app, JioSphere can be used to gain JioCoins. Here’s how:
Download JioSphere app on your Android phone, iPhone, Windows laptop, MacBook, or Android TV or Google Play Store
Website of JioSphere :- https://jiosphere.com/index.html
In Short
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JioCoin is a reward point system that uses crypto technology
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JioCoins can be earned for free by Jio users
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To start earning JioCoin, users must sign up for the JioCoins program
Read more about:-
NPS Vatsalya :- https://takatakpaisa.com/vatsalya-scheme/