Big Update on Jio Coin : confirms its Date of ICO
Jio Coin confirms its Date of ICO. The Jio has Jio Coin confirms its Date of ICO and the ICO will be available in stages. Here, today we will tell you more about the latest updates on JIO COIN(JC). It wil be INDIA’S first cryptocurrency,that too,in itself is a big thing.
As we told you that Mr. Akash Ambani,son of big industrialist Mukesh Ambani will head the team of 50 young and skilled experts in the blockchain technology. Amidst all the downfall in crptocurrencies this week due to decision regarding shutting of exchanges in South korea, this news of the launch of JIO COIN will eradicate all the worries and misconceptions going in INDIAN and other ASIAN countries.
Jio Coin confirms its Date of ICO
Purpose behind JIOCOIN
The company JIO says that as all the people when they travel out of their city or country have to bear roaming charges, but JIO will change the whole experience of how you will talk to your loved ones in roaming. It will provide free incoming and outcoming calls in local and international roaming too. No roaming charges.
Check what is the future of bitcoin.
LAUNCH DATE OF JIOCOIN(JC)
It will be available from 15 feb 2018 in the market . ON 1ST Feb , registrations will be opened , only people who will register and sign up between the 15 day window (1FEB -15FEB), will get a chance to buy JIOCOIN(JC) on 15 feb launch date.
The Jio Coin will come through ICO in five phases.
The listed price for the coin will be 0.5$ in the first phase pre sale of ICO, which will held o 15 feb.
- Total supply = 1 billion coins
- Tokens Available =50 million coins for ICO
The company will provide 5 packages to purchase JioCoin.
#The cutomised package will give traders the chance to buy as much as Jiocoin, but a minimum of 100 $ purchase will be mandatory#
You can simply purchase any package from their official website JIO.com
Each of the five phases will offer 10 million JIOCOIN tokens. But here is the catch, the price will be different in each phase. Yes you heard it right, the following prices will be as follows –
| Phase | Price ($) | Token Available |
| FIRST | 0.5 $ | 10 MILLION |
| SECOND | 1 $ | 10 MILLION |
| THIRD | 2 $ | 10 MILLION |
| FOURTH | 4 $ | 10 MILLION |
| FIFTH | 8 $ | 10 MILLION |
How to Buy JioCoin(JC)
Jio will launch its own exchange, where jio coin can easily be traded. Also, if sources are to be believed it will go live on BITTREX too in the coming months. The company is also in talks with POLONEIX too.
Will It be Able to Beat Bitcoin
That’s Too early to say, no one will ever believe if I say it has the potential to compete. Nobody ever trusted when ethereum or ripple were launched, that it can compete with bitcoin, but time has changed and ETHER & Ripple both are in the top 3 coins in the world, already giving a tough competition to the leader BITCOIN in cryptoworld.
I hope this news have given a great reason to feel good, as it will help already existing traders and new investors to enter the cryptoworld. As this coin will be launched, it will eradicate all fears as the government will lend its support for all other cryptocurrencies too, similarly bitcoin, ether and other alt coins will have a great future in INDIA and will definitely influence other Asian countries too.
Read this: Digitex ICO.
Big countries like Russia,Japan and Venezuela have extended their support to crypto currency. The coming of JIOCOIN will legalise the bitcoin in india.
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