Reliance Jio, India’s telecom giant, has launched JioCoin, a blockchain-based reward token designed in collaboration with Polygon Labs. It runs on the Polygon network, an Ethereum Layer-2 solution, with JioCoin created to be rewarded to users in Jio’s digital ecosystem. Unlike the usage of cryptocurrencies in trading, JioCoin acts as a reward system for the exclusive use of Jio applications.
How to Earn JioCoins for Free
Engaging with the diversified platforms of Jio earns some JioCoins for the users. To start off, the instructions to follow below will get underway.
- Download JioSphere Browser
In this, an individual would just download the browser from Google play store or an Apple app.
Proceed.
2. Wallet SetUp
He needs to apply his Jio mobile number and make an OTP-verified signup”.
- Upon login, a JioCoin Wallet will be created for you, enabling tracking of rewards.
- Engage with Jio Platforms
- Use the JioSphere browser for internet browsing, watching videos, and visiting partnered websites.
- Interact with other Jio apps like MyJio, JioCinema, JioMart, JioFinance, JioTV, and JioSaavn.
- Complete specific tasks or challenges to boost your rewards.
The more you engage with Jio’s ecosystem, the more JioCoins you earn.
What Can Be Used Using JioCoins
JioCoins are non-transferable, and at this point, not cashable or tradeable for any other cryptocurrency. However, these are some potential future uses for JioCoins:
Discounts on Jio Services : Redeem your JioCoins for mobile recharges, broadband plans, or premium subscriptions to JioCinema and JioSaavn.
Purchases at Reliance Stores : Use your JioCoins within Reliance Fresh and Reliance Smart retail stores.
- Loyalty Rewards: Engage in loyalty schemes that reward loyal behavior towards Jio services.
Future Possibilities
Even though JioCoins are now being used for merely increasing user engagement in the Jio ecosystem, it can soon become a digital reward revolution in India. In the near future, when Jio expands its services, JioCoins might soon become an essential component in defining customer experiences.
Thanks for following for Jio’s latest innovation and how this will integrate blockchain technology into daily life.
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