The XRP community is coming up with new ideas for the design of a logo for the XRP token. With user XRP symbol on Twitter leading the fray, the community has become energized to design a new logo, so as to differentiate from the existing logo of Ripple.
The project was started by one Alexavier Guzman after he realized that XRP was using an ISO 4217 currency code. It is an open-source project, which means that anyone can contribute to it through the dedicated GitHub page. As per his article, he says:
“The project’s aim is to allow the XRP community to come up with suggestions for a potential symbol, to be used when displaying the amount of XRP, and that can be proposed to the Unicode Consortium for consideration”
The Unicode Consortium is a non-profit organization that coordinates the development of the Unicode standard. It dictates the symbols and characters present on keyboards and input devices worldwide.
The idea is that this could potentially allow for anyone to use one common symbol that represents the digital asset. As seen with Bitcoin and Litecoin, among others, the symbol would be used to denote it as a type of currency. When a conclusion is reached with respect to the community’s decision, it would then be “converted into various fonts and image formats and proposed to the Unicode Consortium”.
According to Guzman, this symbolizes the universal availability of the XRP currency. As a finished product, the symbol can be used by anyone if it is added to the Unicode Standard. The reason for it being a symbol and why the ISO code isn’t enough is so that it can be distinguished from Ripple the company. As the XRP currency is just one of the many products offered by Ripple Inc. it is important to make a distinction between the two.
Below are some of the ideas offered by some of the community on the @XRPsymbol twitter handle.
As Guzman states:
“The community behind XRP is passionate about the innovations and the technologies Ripple is helping to create, but Ripple’s use case of XRP is just one of the unlimited potential use cases.”
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