This is Ideographs which are used to tell an idea faster without any words. To show/express ideographs you can use (<>). These angled brackets are also used by rhetorical critics. In short words ideographs are symbols to tell an idea without words. For example we know that a green sign with a arrow is telling us where is the exit. So is the hear.
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These 'light' typefaces are minimalistic and effective designs of fonts. These can be used in various environments to evoke certain tones and atmospheres where appropriate. Each letter has been spread so it is easy to recreate and manipulate this font.