Symbol is a new generation of open source, decentralized platform that helps lead the development of blockchain. Symbol is built on the strengths of NEM. It not only inherits the superior technology, simplicity, and powerful belief system of the previous generation platform, but also enhances functionality, flexibility, speed, and ease of use. Symbol is a reliable and secure value exchange network for business, which can safely exchange all assets and establish a connection between business and blockchain. Symbol, giving possibility.
XYM is the native currency of the Symbol public blockchain and will be released in December 2020. XYM is used to pay for transactions to incentivize a network of public nodes that process and record transactions, giving XYM an actual fundamental value like a currency in a properly functioning economy.