JioCoin: How to earn and use Reliance Jio's new blockchain-based reward token

Reliance Jio recently announced its partnership with Polygon Labs, a leading blockchain technology company, to introduce JioCoin.

Telecom giant Reliance Jio has recently announced its partnership with Polygon Labs, a leading blockchain technology company, to introduce JioCoin. For those who don’t know, JioCoin is a blockchain-based reward token that users can earn by engaging with different mobile or internet-based Jio apps and services using their Indian-based mobile numbers. The best part — users will be able to redeem their JioCoins across various Jio services. But, the question is, how do you earn JioCoins for free and how to use them? Here is everything you need to know.

How to earn and use JioCoin?

As mentioned above, JioCoin is a blockchain-based reward token built on Ethereum Layer 2 technology and is listed on Polygon, a leading cryptocurrency platform. These tokens are designed to reward users for their engagement across Jio apps and services. The programme is exclusively available for users with Indian-based mobile numbers. While the official value of JioCoin hasn’t been disclosed, speculations suggest it could be around Rs 43 per token.

Earning JioCoins is straightforward and revolves around using Jio apps. At the moment, the reward programme is only active on the JioSphere app, a web browser introduced by Jio. However, Jio plans to expand this feature to other apps like MyJio, JioCinema, JioMart, and more.

To start earning JioCoin, users must sign up for the JioCoins programme. This can be done through the profile section of the JioSphere app. For the unaware, JioSphere is a new web browser developed by Jio. It comes with features like personalised content, free VPN, ad blocker, and support for multiple regional languages. It is available on Android, iOS, Windows, Mac, Android TV, and other platforms, making it accessible across devices.

Now, once you have signed up for the JioCoins programme, you can start earning JioCoin by performing various activities such as — browsing the web, watching videos and reading articles, playing games, using VPN and incognito mode, adding quick pages or cards to the home screen, searching the internet and customising settings.

As for how to redeem JioCoin, well, the exact details are yet to be fully revealed. JioCoins are expected to be usable across various Jio services. These may include recharging your mobile and broadband connections, grocery shopping on JioMart, OTT subscriptions, and more.

In summary, JioCoins is a great opportunity for anyone wanting to explore blockchain technology while earning rewards. So, if you’re a Jio user, it might be worth downloading the JioSphere web browser and giving it a go.