The primary mechanism to earn these coins is through JioSphere, Reliance’s new internet browser.
By simply browsing the internet using JioSphere, users are rewarded with these coins, which are stored securely in their Web3 wallets.
Although the official use cases of these coins are yet to be announced, speculation abounds about its potential utility within the Reliance ecosystem.
Enhanced Reputation: Reliance’s trust in Polygon validates its technological capabilities, attracting more corporations to adopt its blockchain solutions.
Encouraging Developers: The success of coin might inspire more developers to create decentralized applications (dApps) on Polygon.
Increased Adoption: With Jio’s 470 million users, the partnership could introduce millions to the Polygon network.
Boost in Transaction Volume: Jiocoins’ popularity could drive a surge in transactions processed on Polygon, solidifying its market position.