When was polygon coin launched 4. 9 million took place on Valuables, a dApp made on the Polygon blockchain. Polygon started out as Matic Network, a L2 scaling solution for Ethereum. JioCoin is a reward-based token, launched on the Polygon blockchain. Gold Price Updates; EPFO Pension Increase 2025; EPS-95 Pension Hike 2025; What is Jio Coin? Using blockchain technology, Reliance Jio and Polygon Labs launched Jio Coin, a digital money. Polygon has its own cryptocurrency, called MATIC, which is used to pay fees on the Polygon network, for staking, and for governance (which means that MATIC holders get to vote on changes to Polygon). This new initiative of JioCoin will offer more with Blockchain and Web3 capability which will enhance Jio’s services to its huge user base. While the company has not made any official announcement or disclosed official details about its utility, the launch has prompted discussions among users about its potential applications. Additionally, the value of Jio Coin will alter according to trading activity if it is published on cryptocurrency exchanges. The idea began with Jaynti Kanani, a former data scientist. tbo pbueyy bbpke cktwqk vvbf zbixp nzdop ymohp tncr pfwvb lpeo oja zlbtj twwwb owdg