Swarms crowdfunding will close on July 20th with a target of 17,000 bitcoins.
17000BTC*630$=10.7m$! LOL, that is too much!
This is a slight mistake and is currently being corrected in the article. Our target is 4,000 BTC. We will accept an additional 17,000 BTC in a second phase at a slightly lower rate of exchange.
If we raise a larger amount these additional funds will be used to underwrite future coin launches.
For additional details see the booklet that was recently given out at our announcement in Vienna:
https://www.dropbox.com/s/6qt7g20sgposayu/swarm-booklet-v6.pdfTry to persuade me to invest your project in simple words.