The XRP community comes up with new ideas to give the XRP token a symbol.
The project was initiated by Alexavier Guzman after he realized that the XRP was using an ISO 4217 currency code, so that the XRP could be differentiated from the company Ripple.
Guzman made the following announcement as relevant to the project:
"The goal of the project is to allow the XRP community to submit proposals for a potential symbol, use it when writing XRP quantities, and send it to the Unicode Consortium for evaluation. "
The Unicode Consortium is a non-profit organization that coordinates the development of the Unicode standard.
The main idea of the project is to ensure that everyone uses a common symbol that represents XRP, such as Bitcoin and Litecoin.
Below is @XRPsymbol located on Twitter account you can see some ideas in the field: