JioCoin is a blockchain-based digital reward system introduced by Reliance Jio. Unlike traditional cryptocurrencies, JioCoin is designed to be earned through Jio services rather than mined.
As of now, JioCoins are not tradable for real money. They are stored in a Polygon wallet and may be redeemable for Jio services in the future.
Jio plans to integrate JioCoins into its ecosystem for exclusive discounts and offers. The potential expansion into decentralized applications (DApps) remains to be seen.