Ripple Founder Reveals the Inspirations Behind the Company's Name

Ripple Founder Reveals the Inspirations Behind the Company's Name

Ripple (XRP) co-founder Chris Larsen recently shared the inspiration behind the company's unique name. According to Cryptobasic, Larsen revealed that the name was inspired by the song "Ripple" by the legendary rock band Grateful Dead. Larsen explained that he was deeply moved by the song's lyrics, which resonate with the core principles of cryptocurrency. The song's reference to a "ripple in a stream" mirrored Larsen's vision of how cryptocurrency could spread and impact the global economy. Furthermore, Larsen stated that the Grateful Dead's ethos of community and collaboration resonated with the values that Ripple sought to embody. The company's founders felt that the name "Ripple" captured their aspirations to create a decentralized and inclusive financial system. The decision to change the company's name from OpenCoin to Ripple marked a significant turning point in its history. Larsen and his team believed that the new name would better reflect the company's vision and attract a broader audience. In addition to the inspiration from the Grateful Dead song, Larsen revealed that Ripple had acquired the rights to the name from the copyright holder in exchange for an equity stake in the company. This demonstrates the company's commitment to securing its intellectual property and building a strong brand identity. The revelation of the inspiration behind Ripple's name provides valuable insights into the company's origins and its founders' vision for the future of cryptocurrency. The name "Ripple" has become synonymous with innovation, collaboration, and the belief in the transformative power of decentralized finance.