Reliance's JioSphere browser users are noticing JioCoin, a blockchain-based reward token. Built on Ethereum Layer 2, it's already listed on the Polygon blockchain platform.

This comes in the background of the RBI expressing concerns over any privately held 'virtual coins' and cryptocurrency continuing to remain a subject of debate among India’s policymakers. Globally, though,

Reliance Jio's rumored cryptocurrency, JioCoin, has stirred public interest, but the company has yet to issue an official confirmation about its launch. Speculations suggest JioCoin might integrate blockchain technology for rewards or transactions,

In the FAQ section, Reliance mentions that “JioCoins are blockchain-based reward tokens that users can earn by engaging with different mobile or internet-based apps as decided by Jio Platforms Limited (JPL) using their Indian-based mobile numbers.”

Indian telecom giant Jio Platforms, owned by billionaire Mukesh Ambani, launched its reward-based token, JioCoin, on the Polygon network. On Jan. 16, users on X noticed JioCoin integrated into Jio’s proprietary JioSphere browser. This followed Jio’s partnership with Polygon Labs to enhance its offerings with Web3 and blockchain capabilities.

Mukesh Ambani’s Jio Platforms Ltd a unit of Reliance Industries has reportedly launched JioCoin, a reward token, on the Ethereumlayer 2 network Polygon. However, no official announcement about JioCoin, but a lot of users have seen the reward token was mentioned on JioSphere, a browser that works with both iOS and Android smartphones.

Reliance Jio launches JioCoin on Polygon, rewarding users via JioSphere browser for engaging with its ecosystem.

Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network. The launch has sparked discussions among users regarding its potential applications, though the company has not yet provided official details about its utility.

Jio Platforms launches JioCoin, a reward based token on Polygon, for Jio users to earn rewards for browsing the internet.

According to a blog post by CoinDCX, those interested in investing can purchase JioCoin on their crypto exchange. This makes it available for both Indian as well as global investors. However, the launch of JioCoin has also come under criticism.

Reliance Jio, India’s largest telecom operator, has launched a reward token dubbed JioCoin on the Ethereum layer 2 network Polygon. While there has been no official announcement from the company as of publication time,