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Krish

CRITICAL THINKING|MA... • 5m

Why Jio Coin Exists 1️⃣ Ecosystem Lock-In Goal: Keep users glued to Jio’s apps (JioCinema, JioMart, JioSphere) by rewarding them with coins for daily activities. Why: Loyalty = Profit. Users spend more, advertisers pay more. 2️⃣ Data Control Goal: Track user behavior via blockchain to sell targeted ads. Why: Data is the new oil. Jio monetizes attention while users get “free” rewards. 3️⃣ Financial Inclusion Goal: Let India’s unbanked (300M+ people) pay for essentials (fuel, groceries) using Jio Coin. Why: Dominate a market banks ignore. 4️⃣ Web3 Adoption Goal: Teach 450M+ users blockchain basics via simple rewards (e.g., coins for watching IPL). Why: First-mover advantage in India’s $5T digital future. Reliance’s 4-Point Strategy 1. Build a Closed-Loop Economy How: Coins work only within Jio’s ecosystem (browsing → rewards → shopping → repeat). Profit: Users can’t leave without losing value. 2. Target Small Businesses (BaaS) How: Rent blockchain tools to SMEs. Example: A tea supplier tracks shipments via Jio’s tamper-proof ledger. Profit: Charge subscriptions + transaction fees from 50M+ underserved SMEs. 3. Shape Crypto Rules How: Lobby to classify Jio Coin as a “utility token” (not crypto) to dodge India’s 30% tax on gains. Profit: Avoid regulatory roadblocks. 4. Prep for the Metaverse How: Use Jio Coin for NFTs (e.g., Bollywood clips) and virtual JioMart stores. Profit: Own India’s virtual economy before rivals arrive. Why It Matters❓ For You: Free rewards today, but you “pay” with data/loyalty. For Jio: New revenue (ads, BaaS, NFTs) + market dominance. For India: Faster tech adoption, but risks a Jio monopoly. Key Takeaways:- Ecosystems Win: Jio bundles telco, retail, and crypto—hard to compete with. Serve the Underserved: Profit by solving SME pain points (e.g., fraud, high fees). Regulate or Innovate? Jio’s lobbying power could redefine India’s crypto rules.

0 replies12 likes

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Naman Kapoor

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Do you think the Jio coin will make it big? #jio #jiocoin #startup #crypto

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Reliance launched its application "sphere" Tata Launched "Tata Neu" Both rewards Coin. what if? Cred launch Cred Coin Flipkart With its "Reward coin" And all the crypto markets will surprise what is happening...??? We're planning a meme coin meme

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Preet Aggarwal

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Jio coins are 10 time more dangerous than other crypto currencies. it is new token and there are more chances of cryber fraud.

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Ever thought browsing could earn you rewards? Reliance Jio’s JioCoin makes it happen! Built on the Polygon blockchain, JioCoins are digital tokens you earn via JioSphere—a next-gen browser blending Web3 into daily life. From news to videos, your acti

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India’s first eco-reward system is here! Rebuild Earth proudly presents Greeny Coins, where every green action earns you exciting rewards! 🌱✨

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Yogesh Kuhade

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Reliance Jio has recently introduced a revolutionary concept called JioCoin, which has been developed in partnership with blockchain technology leader Polygon Labs. While not a classic cryptocurrency, JioCoin is said to be a crypto-based reward syste

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Reliance Jio has started using in-house 5G equipment to cut costs and reduce reliance on global vendors like Nokia and Ericsson. The move underscores Jio’s push for technological self-reliance, allowing greater control over its network rollout whil

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Ali Akber

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🌍Introducing Greeny Coins: A Step Towards Sustainability!🌿 At Rebuild Earth, we are thrilled to unveil Greeny Coins-our unique initiative designed to reward environmentally conscious actions! • What are Greeny Coins? Greeny Coins are not cryptoc

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🌱 Introducing Greeny Coins: A Step Towards Sustainability! 🌎 At Rebuild Earth, we are thrilled to unveil Greeny Coins—our unique initiative designed to reward environmentally conscious actions! 🔹 What are Greeny Coins? Greeny Coins are not crypt