Is this not a question that should have been answered before something like Symbol from NEM would be given birth? I mean, “from NEM”, is purely intentional so you cannot say here, that it is actually a “misrepresentation” in and by itself … this makes absolutely no sense.
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Historically, NIS evolved into NEM … NIS, in fact, has “NEM” in it, too. NEM Infrastructure Server
, for some at least. And NCC, also… NEM Community Client
|NIS Community Client
… this is back many years and I really don’t think anyone would actually want to go back to “NIS” naming.
The XYM versus XEM problem, is that not what is really the cause of this whole confusion? 1) they are pronounced very similar ; and 2) they read exactly the same …
Also, nem:xem
, did have both in its name [on-chain], whilst symbol:xym
comes in as “without NEM” is its name, on-chain.
Why do people call NIS “NEM” ? Because NEM is what was organically built around said [infrastructure] server, namely the NEM ecosystem.
Catapult … back 3, 4 years from now, was NEM’s next big thing, but branding pivoted for a thing from NEM. So yes, there is confusion in how to talk about Symbol, in how Symbol fits in NEM ecosystem “discussions”… and you want my personal opinion, it is a big mess to have “from NEM” in the name, specially for open source software where you expect community to build and mention the tech more often than not ; is it that we want everyone to break trademarks because they don’t use the name correctly?
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- If we encourage 3rd parties to change listings from “NEM” to NIS1, and the change confuses people, why not adopt better branding at the same time?
Why and whom would want to do that, really? NEM is installed in japan, there is books about NEM, etc. Coinmarketcap is really a shitty place to get your input tbh.