Ripple confirms new symbol for $XRP
In with the NEW!
On June 13th the official Ripple twitter account has retweeted the image of what will be the new symbol for XRP currency.
"After hundreds of submissions, millions of impressions, a lot of promotion by the XRP Community, and two rounds of voting, the XRP Symbol is confirmed!"- @xrpsymbol
The creation of the symbol started as a GitHub open community repository for collaborating on the creation of the ubiquitous XRP units symbol.https://xrpsymbol.github.io/
The Reasoning behind symbol
• "In order for XRP to be perceived as a “currency”, it needs its own symbol.
• Just like the dollar sign “$”, XRP needs a universal sign that denotes units of XRP.
• The current logo being used works great when referencing “Ripple” the company, and it should not be changed, but a character should be created to represent actual units of the digital asset.
The final design was submitted by Claire Arthurs Kart - Head of Community at Ripple. This was actually the original proposed design.
From the designer
"Sharing a little peak into the 'construction' to give you insight into the design inspiration and how it's a nod to the tech - i thought this was pretty cool"
The biggest crypto currency price tracking site www.coinmarketcap.com has already switched to the new logo.
The original logo will still be used to reference Ripple the parent company.