Meet Nano, the Former RAI Blocks
The project goes on with a rebranding, despite the community criticism.
If you are looking for new crypto opportunities, and you are missing the old RAI Blocks, keep in mind it now goes by the name of Nano. Rebranding is what many coins and tokens have done, to appeal to a wider audience with better positioning.
In the case of Nano, however, there was some community criticism for choosing a too-obvious and overused term.
Yet the coin bounced a bit after the re-branding, as KuCoin trading lifted the prices. The coin has kept the same ticker.
"The Core Team is excited to announce our rebranding from RaiBlocks to Nano! Visit us athttps://t.co/rHoO0iJuH4$nanohttps://t.co/KeI9gOLouC— Nano (@nanocurrency)31 січня 2018 р."
The Core Team is excited to announce our rebranding from RaiBlocks to Nano! Visit us athttps://t.co/rHoO0iJuH4$nanohttps://t.co/KeI9gOLouC
The team has stated the rebranding is months in the making. Now, it remains to be seen if the new name lifts up the coin even more. XRB became famous as RAI Blocks after achieving the phenomenal climb in December. Now, the new Nano coin trades at around half the peak prices.
The name was possibly chosen for the potential of the network for free, small-scale transactions. The Nano project would include most of the featured demanded of a more modern cryptocurrency - an improved structure similar to IOTA for faster transactions, as well as a decentralized exchange.
But for Nano, a lot of featured are still in the making:
"RaiBlocks XRBBINANCELEDGER SUPPORTIOS WALLETANDROID WALLETDESKTOP WALLET AND NODEWEBSITEMERCHANT SERVICESALL ABOVE COMING SOON!DAG TECHNOLOGYHUGE AND ACTIVE COMMUNITYFEELESS INSTANT DECENTRALIZEDGAME CHANGER! 😎#XRB$XRB#RAIBKOCKS#PAYPAL— NANO News And Views. (@NANO_NEWS247)28 січня 2018 р."
RaiBlocks XRBBINANCELEDGER SUPPORTIOS WALLETANDROID WALLETDESKTOP WALLET AND NODEWEBSITEMERCHANT SERVICESALL ABOVE COMING SOON!DAG TECHNOLOGYHUGE AND ACTIVE COMMUNITYFEELESS INSTANT DECENTRALIZEDGAME CHANGER! 😎#XRB$XRB#RAIBKOCKS#PAYPAL
The former RAI Blocks coin was popularized in a long distribution through a faucet, which stopped in October last year. Afterwards, the digital asset quickly gained fame, and now struggles to join one of the most active exchanges, Binance.
Nano may be years in the making, as even the most successful coins today had to prove their systems. But in this case, adoption has been extremely rapid, supported by the broad community. In this case, the early and wide distribution of RAI Blocks created an instant community.