XRB ANNOUNCEMENT; XRB is now NANO

in #raiblocks7 years ago

XRB 31.1 2.jpg

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Hi dear Steemians

Yesterday there was a lot of FUD due to Bitgrail announcing the closure of accounts, and what seemed to the community to be an underlying misappropriation of XRB coins from some clients. As reported here the Market reacted negatively with some heavy losses.

XRB Development team announces re-branding


In an unexpected move, XRB announced a few hours ago that they would re-brand Raiblocks to be called Nano. A new look that may be more superficial that at the core, but anyway it was so good received by the community that XRB eroded all previous loses to trade close to USD 20 by the time of press. Plus being again Top 20 acc. to CMC.

Press announcement

31.1 CMC.JPG

Some of the remarks from the announcement were;

The Core Team wanted a name that represented the simplicity and speed of the project, and Nano does just that. The new logo uses several nodes, playing on the block-lattice design of the network, that connect to form an “N.” All social media accounts will be updated to reflect the name and logo changes. The new website is nano.org.

All funds, wallets, and transactions will still operate as they have been. Addresses will continue to start with xrb_ for the moment. In the future we will introduce nano_ addresses with the rest of the current addresses being consistent. We know that many of you will have questions about the rebrand and we will do our best to answer all of them.

So the whole Crypto community celebrates this new phase for Raiblocks, with an easier to remember name and a concept that already like me. Also is nice to see that besides the FUD in the market, some teams are delivering their promises no matter what.

Cheers to the #Raiblocks #Nano team, we look forward to new developments for this Coin which represents a fast, no fees payment option. Keep spreading the FOMO out there!!!

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Well i am not sure about Raiblocks. For me it seems like a typical pump and dump coin, with a lot of vulnerability in its technology. Changing name for what? to even start pumping again? dont get this coin. Maybe you can help me :D

Hi Crypto, is true it has a lot of potential, and it was fixed many times, I think that's the idea behind the re-branding. Tomorrow it will be listed on OKex, one of the biggest exchanges in Asia. If you want consider to buy a few, and see if the price spikes. You can also read more on the rationality behind the name change, is a top 20 coin, would not call it a sh**coin. Cheers, and thanks for commenting!

https://www.okex.com/

Listing on new exchanges generates a price increase without any addition of value. It is definitely a coin with potential. But in my opinion is way to over-hyped and the marketcap right now does not reflect its current value :) thank you for answering.
Greetings from Stuttgart

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