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JioCoin is a blockchain-based reward token built by Jio and Polygon labs using Ethereum Layer 2. Despite the name it is not a classic crypto currency coin. Instead, it is similar to reward points that can be earned for free by Jio users. Planning To Get Jio Coins? Is It A Bitcoin-Like Cryptocurrency Or Just A Reward Token? Learn All Here! The announcement of JioCoin , along with the subsequent reports and follow-ups, is leading to many misconceptions and misunderstandings about JioCoin . Is it really a cryptocurrency that can rival established coins like Bitcoin, or is it just a digital reward system? JioCoin explained: How to earn free coins and redeem them? JioCoin is an innovative step by Reliance Jio to enhance user engagement while offering tangible rewards. With its easy earning process ... Reliance Jio Coin , a blockchain-based digital reward token backed by Mukesh Ambani’s Jio Platforms, continues to draw curiosity across India. With a price nearing ₹27 and a market capitalisation exceeding ₹47 lakh, this homegrown token can be earned through various Jio apps. Despite the growing buzz, Reliance has yet to disclose its full roadmap., Business, Times Now