Ripple cryptocurrency changes logo

The cryptocurrency Ripple (also widely known as XRP) has a new symbol. It has been chosen as a result of the vote in the cryptocurrency community. The primary reason for this measure is described below.

Previously, Ripple has used the logo of its parent company Ripple Labs, and this lack of its own symbol was regarded as confusing. One should imagine Microsoft Word using the corporate logo of Microsoft to better understand what did not satisfy the fans of XRP.

The new logo has already been criticized by some conservative observers, although the majority of fans seem to be pleased with the results of the vote.

With 62% of the votes on the second round, the winning XRP symbol!#xrpcommunity pic.twitter.com/HVla6o2gLl

— XRP Symbol (@xrpsymbol) June 13, 2018

The previous logo has been repeatedly compared with fidget spinner on the Web, and there is no telling what the new symbol is going to remind the crypto enthusiasts about. Regardless, the legitimacy of the vote has already been confirmed on Coinmarketcap - Ripple or XRP has changed its emblem on this major price reference service.

Meanwhile in Ripple Labs, a new initiative called Xpring (pronounced Spring) has been announced. From what one can see from the description, this is going to be a new environment for business persons willing to engage with the company.