The "CHAKANA" created in honor of the most popular cross from the Inka empire also known as the Andean cross or Inca Cross. It is also a tribute to the Pachamama or Mother earth.
The center hole in the Middle of the "CHAKANA" cross represents Cusco, the Capital of the Inca Empire. It is also believe the corners in each side of the Chakana may represent the twelve month Inka calendar.
According to new age philosophies the chakana, symbolizes for Inca mythology what is known in other mythologies as the World Tree or Tree of Life.
The square represents the other two levels of existence. Everything above represents the GOD Wyracocha or Inka God , the middle representes the world in which we live in, and everything below represents the Pachamama or Mother earth and our roots.