_📈💹 *JioCoin: Reliance Steps Secretly into Crypto with Polygon Labs?*_ Reliance has quietly entered the cryptocurrency space with *JioCoin*, a digital token built on *Ethereum Layer 2* and listed on *Polygon Labs*. While there's no official announcement yet, users of the *JioSphere web browser* on Android and iOS have started seeing JioCoin in their wallets. Here's what we know so far: 🪙 *What is JioCoin?* - A *blockchain-based reward token* users can earn by interacting with Jio apps like *MyJio* and *JioCinema* or by browsing the internet on **JioSphere**. - Rewards are credited to wallets connected to Polygon Labs. 💻 *How to Earn JioCoins?* - Use Jio apps or browse via *JioSphere*. - The more you engage, the more coins you earn. 📊 *Potential Uses* - While its trading value is unclear, JioCoins might be used for *mobile recharges*, *utility bill payments*, or other Jio services. 🧾 *Tax Implications* - In India, crypto profits are taxed at a *flat 30%*, plus a *1% TDS* on transactions.