JioCoin: Jio users are getting JioCoin, know what is Jio Coin and how to get it for free

What Is JioCoin & How To Get It: Jio has launched a new blockchain-based coin which is being called JioCoin, but it is worth noting that it is not a cryptocurrency. It is specifically designed to reward users for their engagement on Jio apps and services. By earning this you can get discounts on Jio related transactions. So let us know what JioCoin is, how it can be earned, its uses and all other important information.

What is JioCoin?

Reliance has launched a blockchain-based digital coin called JioCoin in partnership with Polygon Labs, a blockchain technology company. Although it is based on blockchain, GeoCoin is not like cryptocurrencies like Bitcoin. It cannot be purchased from crypto exchange. Instead, it can be earned for free by completing special tasks on Jio apps and services. You can take JioCoin as a reward point for now.

According to reports, JioCoin is built on the Ethereum Layer-2 blockchain. This means that its price can be set by managers like Reliance Jio or Polygon Labs. Additionally, it can be prepared in unlimited numbers.

How to get free JioCoin?

Earning JioCoin is very easy and it is based on the use of Jio apps. Currently, JioCoins can be earned only through the JioSpear app, which is a web browser launched by Jio. However, soon there will be an option to earn it through apps like MyJio, JioCinema and JioMart. To earn JioCoin, first users have to sign up for the JioCoin program. This process can be completed through the Profile section of the GeoSphere app. This app is available on Android, iOS, Windows, Mac, Android TV and other platforms. After sign-up, you will automatically earn JioCoins whenever you use the GeoSphere app for web browsing, watching videos, reading articles, playing games, and other activities.

How to convert JioCoins into money?After collecting JioCoins, users will be able to redeem them. However, at present Jio has not given clear information about the redeeming process. It is expected that JioCoins can be used in various Jio services. Users will be able to use them to recharge Jio mobile plan, pay for broadband connection and do light grocery shopping at JioMart.

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