Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.

Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.

This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.

Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.

Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.

JiCoin's are currently not redeemable or transferable.

Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.

JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.

Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.

Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.

Jio Platforms, a subsidiary of Reliance Industries and one of India's leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.

FET profited from the rest of the market's bullishness, but is there more they can do?

Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.

Polygon Labs has partnered with India's largest telecom operator, Reliance Jio, to integrate blockchain into the company's existing infrastructure.

India's telecommunications and digital services company, Jio Platforms, is introducing Web3 capabilities to its user base of over 450 million. The initiative involves a collaboration with Polygon Labs, the developers of the Polygon blockchain protocols, aiming to support the development of decentralized applications and services in the country.

Reliance's Jio Platforms has joined hands with Polygon Labs to bring web 3 and blockchain solutions to more than 450 million consumers in India. The collaboration aims to integrate its advanced blockchain technology into Jio's services, marking a major step towards Web3 adoption in the country.

Polygon price battles resistance as bullish signals align for a potential rally.

The biggest telecom company of India, Reliance Jio has entered into a partnership with Blockchain leader Polygon Labs. This team up will bring web3 services to over 450 million Jio users. What exactly is cooking between Reliance Jio and Polygon, let's try to uncover.

Reliance Industries' digital arm, Jio Platforms, has announced a strategic partnership with blockchain company Polygon Labs to introduce Web3 capabilities to its existing applications and services.

Polygon ($POL) has been consolidating between $0.47 and $0.41, leaving traders speculating about its next move.

Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.

Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.

Jio Platforms Ltd. collaborates with Polygon (MATIC) Labs to enhance Web3 capabilities, impacting over 450 million users in India with cutting-edge blockchain solutions.

Polygon POS may be a legacy chain, but is one of the most active L2 for stablecoin usage.

The themes of the projects include three tracks: AI, DePIN, and Memecoins.

AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.

Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles.

The once-in-a-lifetime festival symbolizes spiritual cleansing and unity for millions of people worldwide.

Polygon Ecosystem Token (POL) price has consolidated above the $0.45 support line but below the moving averages. The presence of doji candlesticks has reduced the selling pressure above the $0.45 support level.

Polygon (POL), one of the leading blockchain networks, has shown remarkable growth in user engagement and network activity. Despite recent market fluctuations, Polygon's impressive surge in active addresses and technical indicators is setting the stage for a potential price increase in the near future.

Partnering with blockchain firm Chaincode Consulting, the initiative integrates with the Polygon blockchain. This ensures scalability, environmental sustainability, and a seamless experience for millions of travelers.

Indian Railways has partnered with Chaincode Consulting to issue NFT-based tickets for the MahaKumbh Mela festival, integrating with the Polygon blockchain for scalability.

The total market cap for AI coins shows a decrease of nearly 22% over the past month, recording a value of $48.07 billion. The total trading volume of the tokens has also followed the same downward token, with a steep decline of nearly 50% to $2.88 billion.

Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.

Strong network activity and technical signals position POL for a potential bullish breakout.

As cryptocurrencies close the week with a bearish note, attention has switched to specific segments, and artificial intelligence seems poised to dominate crypto trends in the coming weeks and months. Fetch.ai joined the top-trending alts this week after launching an accelerator fund to support AI startups.

Cryptocurrencies remained downbeat on Thursday, with most assets reflecting significant losses on their daily charts. While the crypto Fear & Greed Index switched from greed to neutral, Fetch.ai, Dogecoin, and Toncoin topped altcoin trends for various reasons. Let us find out more. Fetch.ai launches startup fund Crypto AI firm Fetch.

Fetch.ai's accelerator could significantly enhance global AI and tech innovation, fostering cross-border collaboration and commercialization. The post Fetch.ai launches startup accelerator to boost AI and emerging tech innovation appeared first on Crypto Briefing.

Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.

Polygon [POL], one of the leading blockchain networks, continues to face headwinds as its price plummeted 12% in just 24 hours, trading at $0.457 at press time. This sharp decline reflects a broader downward trend over the past month, with Polygon shedding 33% of its value.

If buyers consider the oversold RSI an ideal entry point, it could result in a bullish reversal, pushing the price to $0.538

From all the options, Altura ($ALU), Fetch.ai ($FET), and SingularityNET ($AGIX) look like the top picks. Here's a simple breakdown of why these coins are worth watching.

AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.

The latest price analysis by Coinidol.com report, Polygon's Ecosystem Token (POL) price has remained unchanged after the price drop on December 20.

The cryptocurrency market often thrives on unpredictability, and Fetch.ai's FET token has become a beacon of intrigue in recent days. Amid market turbulence, FET has stood out, delivering a 7.5% gain in the past 24 hours.

With current market sentiment, FET could soar by 30% to reach the $2.05 mark.

Artificial Superintelligence Alliance (FET) has displayed a recovering price pattern on its chart, posting a 25% gain this week. While the uptick might seem encouraging, underlying bearish cues suggest the cryptocurrency could be preparing for a significant drawdown.