Nano(XNO(NANO)) Rebranded to a new ticker XNO

Say Hello to XNO!

Just as a currency sign aims to place nano in the real world, the real world requires conformity to standards recognised on a global level. In nano’s case, this means following requirements set by the International Organisation for Standardisation (ISO), which develops and publishes worldwide technical, industrial and commercial standards. The alphanumeric code requirements set by the ISO for the universal representation of currencies allows nano to join other globally accepted forms of money with a standard symbol and naming convention.
Nano is what is considered to be a ‘supranational’ currency with no official country code and therefore must begin with an ‘X’ as per the required standards for business and banking globally by ISO_4217 . The use of an initial letter “X” for these purposes is facilitated by the ISO 3166 rule that no official country code beginning with X will ever be assigned.
Therefore, nano’s new ticker will be XNO, which is what you will see on all your favourite exchanges and wallets as they update their UI. You will notice a change over on Twitter with an updated cashtag of $XNO — in fact some early birds have already adopted this!
In addition to an alphanumeric code, all currencies also have an accompanying symbol to represent it. But unlike the code, no ISO or other standards exist to help guide the design of such a symbol. As a result, the process of finding the right real-world currency symbol for nano had to be explored more broadly and although it has not been an easy or quick process, it has produced an easy-to-use, accessible and iconic option.

Our journey to finding the right symbol
The process of finding a currency symbol for nano has benefited from constructive community discussion and insights from services and projects built around nano over the last couple of years. These conversations have complimented our own research and helped us to identify a shortlist of potential symbols that were simple, easily reproduced, and felt at home alongside other global currency symbols.

What was needed?

1. Follow the design and structural principles of established currency symbols
2. Be unique enough to differentiate itself from those other symbols
3. Be easy to replicate — both digitally and by hand
4. Reflect the nano core mission and ethos of equality, technical excellence, and value
Based on the brief we began the journey of research and development; we looked in detail at how the symbol would work in the real world and explored which would be the best choice for nano long term as a global currency; the symbol needed to represent nano as the leading virtual currency.

A sign of equality and opportunity

Our new nano currency symbol is constructed of the latin letter capital X and the equals sign (=), with each diagonal line representing the send and receive part of a nano transaction , together forming a universal X and a double horizontal line representing the altruistic foundation of the network.
Most importantly, this sign is easy to draw universally, allowing for adoption by anyone, anywhere.

Design Details

A currency symbol is not a logo
A currency symbol is a graphic symbol used as a shorthand for a currency’s name. This is especially useful when referencing an amount of money that needs to be replicated easily across multiple platforms.
A logo is a graphic mark, emblem, symbol, or stylised name used to identify a company, organisation, product, or brand. It may take the form of an abstract or figurative design, or it may present as a stylised version of the company’s name if it has sufficient brand recognition.
To date, a single logo has been used to represent nano as well as the Nano Foundation organisation itself. This has caused confusion and isn’t optimal for either use. But now with a separate and distinct currency symbol, one that exists in the public domain and which no entity or business holds legal rights to, it becomes easier to delineate nano from supporting organisations like the Nano Foundation. Going forward, the block-lattice logo that we all know and love will be used to identify the Nano Foundation brand and work with which alliances, partnerships and products are affiliated.
Separately, the new currency symbol will be used as the shorthand for nano, the currency. And just like the pound, dollar or yen, nano does not start with a capital letter and does not have any branding itself. It is therefore not a mistake or oversight to see nano written without a capital letter — this is how it should be!
Furthermore, just like the dollar or pound and their equivalent USD and GBP tickers, nano is still the name of the currency.