JioCoin Token Information
Current Price
₹43
($0.50 USD)
Market Cap
₹43B
($500M USD)
Circulating Supply
1B JIO
Out of 5B total supply
Token Economics
JioCoin employs a deflationary model to ensure long-term value appreciation:
- 1% of each transaction is burned, reducing the total supply over time
- 50% of initial supply locked for 5 years for ecosystem development
- 20% allocated for community rewards and staking incentives
- 10% reserved for the team and advisors, vested over 4 years
- 20% available for public sale and liquidity provision
Network Details
JioCoin operates on the Polygon network, offering fast and cost-effective transactions:
- Network: Polygon (MATIC)
- Token Standard: ERC-20
- Block Time: 2 seconds
- Transaction Speed: Up to 65,000 TPS
- Average Transaction Fee: $0.0005 to $0.2
- Smart Contract Address: 0x123...abc (example)