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Topic: Jiocoin! Light at the end of tunnel? (Read 35 times)

hero member
Activity: 2702
Merit: 716
Nothing lasts forever
There are lot of news all over the X about a coin name Jiocoin and many crypto news outlet reported it as well. I haven't seen any official announcement yet but people claim they are already noticing the integration on Jiosphere (not sure what's it either). But basically what I understand from the available data is jiocoin is a token running on polygon network that can be earned via mobile recharges, purchase at reliance store and many more ways which are still unknown.

And it's very much similar to BAT token from brave browser which was quite popular in it's days so my question is if this becomes true then Jiocoin is going to change the fate of crypto in India because Ambhani knows that 30% capital gains and 1% TDS will be a hurdle for their marketing so I am sure he will do anything in his power to make it changes more friendly, that is the reason for the title, "Light at the end of tunnel" followed by big question mark.

You could have continued the discussion in the previous thread Jio Partners with Polygon to implement Web3 applications as it resembles the same news.
Coming to the point, even I got to hear about Jiocoin which can be earned using the Jiosphere browser.
As you said, it reminded me of BAT token but that wasn't a huge success but lets see how Jiocoin makes it different than BAT.

I just checked it's website and it's just another regular browser and Jiocoins can be earned by interacting with mobile based apps by JPL(Jio Platforms Limited.
Source:
https://jiosphere.com/index.html
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
I've said earlier that if big players like mota bhai get into this game seriously then in regards to BTC, crypto and blockchain use cases it's a big plus and potentially positive change on GOI's policies.

Mota bhai is all about scaling and driving masses to their product and considering the JIO ecosystem, mass adoption will follow.  

Jiosphere (not sure what's it either).
It's a browser
https://www.jio.com/jcms/apps/jiosphere/

Thread on jiocoin
https://x.com/Mr_Chartist/status/1880299442752118893


He is what he is, he will never shy away from venturing into a field that is new to big business houses in India. The concept is simple he and his organization are trying to use the make-in-India ideology to sell India's first web browser. What his organization did was to use the marketing idea of Brave and Carbon browser. These two browsers as per my knowledge are the ones that pay their user using their native crypto to use their browser for daily browsing.

Now the question arises as to why Jio did not come up with its blockchain and why suddenly ventured into cryptocurrencies when the government of India has been against it since 2022. Can we expect a change in stance by the government of India like reducing the tax burden and encouraging big business houses to come up with their crypto?
legendary
Activity: 2184
Merit: 1540
I've said earlier that if big players like mota bhai get into this game seriously then in regards to BTC, crypto and blockchain use cases it's a big plus and potentially positive change on GOI's policies.

Mota bhai is all about scaling and driving masses to their product and considering the JIO ecosystem, mass adoption will follow.  

Jiosphere (not sure what's it either).
It's a browser
https://www.jio.com/jcms/apps/jiosphere/

Thread on jiocoin
https://x.com/Mr_Chartist/status/1880299442752118893
sr. member
Activity: 910
Merit: 284
January 17, 2025, 01:16:04 PM
#1
There are lot of news all over the X about a coin name Jiocoin and many crypto news outlet reported it as well. I haven't seen any official announcement yet but people claim they are already noticing the integration on Jiosphere (not sure what's it either). But basically what I understand from the available data is jiocoin is a token running on polygon network that can be earned via mobile recharges, purchase at reliance store and many more ways which are still unknown.

And it's very much similar to BAT token from brave browser which was quite popular in it's days so my question is if this becomes true then Jiocoin is going to change the fate of crypto in India because Ambhani knows that 30% capital gains and 1% TDS will be a hurdle for their marketing so I am sure he will do anything in his power to make it changes more friendly, that is the reason for the title, "Light at the end of tunnel" followed by big question mark.
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