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Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far


by Ikemefula Aruogu
for CoinEdition
Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far

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AI Overview

Reliance Jio is testing 'JioCoin,' a blockchain-based utility token for its 450 million users, aimed at enhancing engagement across apps like JioCinema and MyJio. While unrelated tokens are trading at $0.18 on DEXs, the official JioCoin remains a closed-loop loyalty instrument on the Polygon blockchain.

Bullish
  • Polygon Labs executive Aishwary Gupta has confirmed that Reliance Jio is actively testing “JioCoin,” a blockchain-based reward token integrated into India’s largest digital ecosystem.
  • Unlike speculative cryptocurrencies, JioCoin is designed as a utility token for the 450 million Jio user base, rewarding engagement across apps like JioCinema and MyJio.
  • Traders are cautioned that while unaffiliated “JIO” tokens are trading wildly on decentralized exchanges ($0.18), the official asset is currently a closed-loop loyalty instrument.

According to the Polygon Labs ecosystem BD Head for India, Aishwary Gupta, the Jio team is testing a new cryptocurrency called JioCoin on the Polygon blockchain. 

Gupta shared the update in a recent post on X while responding to community questions about ongoing Polygon ecosystem developments.

https://twitter.com/simplykashif/status/1997…

Read The Full Article Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far On Coin Edition.

Read the article at CoinEdition

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Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far


by Ikemefula Aruogu
for CoinEdition
Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far

Share:

AI Overview

Reliance Jio is testing 'JioCoin,' a blockchain-based utility token for its 450 million users, aimed at enhancing engagement across apps like JioCinema and MyJio. While unrelated tokens are trading at $0.18 on DEXs, the official JioCoin remains a closed-loop loyalty instrument on the Polygon blockchain.

Bullish
  • Polygon Labs executive Aishwary Gupta has confirmed that Reliance Jio is actively testing “JioCoin,” a blockchain-based reward token integrated into India’s largest digital ecosystem.
  • Unlike speculative cryptocurrencies, JioCoin is designed as a utility token for the 450 million Jio user base, rewarding engagement across apps like JioCinema and MyJio.
  • Traders are cautioned that while unaffiliated “JIO” tokens are trading wildly on decentralized exchanges ($0.18), the official asset is currently a closed-loop loyalty instrument.

According to the Polygon Labs ecosystem BD Head for India, Aishwary Gupta, the Jio team is testing a new cryptocurrency called JioCoin on the Polygon blockchain. 

Gupta shared the update in a recent post on X while responding to community questions about ongoing Polygon ecosystem developments.

https://twitter.com/simplykashif/status/1997…

Read The Full Article Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

862k jobs vanished, CPI cooled, and Bitcoin now trades like a bond – What Would Satoshi Do?

862k jobs vanished, CPI cooled, and Bitcoin now trades like a bond – What Would Satoshi Do?

Bitcoin is trading like a rates product now because real yields are the new “gravity”...
Pi Network’s PI Token Plunges Again, Bitcoin (BTC) Stable at $68K: Weekend Watch

Pi Network’s PI Token Plunges Again, Bitcoin (BTC) Stable at $68K: Weekend Watch

In contrast, PIPPIN has become the top performer once again, rocketing by 17% daily.