Author Topic: [FYI] SWARM project will be livestreaming its crowdsale launch! Monday 6/16 8pm  (Read 14505 times)

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Offline gamey

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Frontpage is full of hype, have to dig down for the details if there are some.  They're more interested in getting $$ than talking about solutions it would appear.

You'll get close to the same rate of SWARM coins per BTC in phase 2, so it seems pretty easy to hold off for now.

I don't understand what sort of limitations their DAC/DAO/DAE/DAs will have relying on Counterparty.  If anyone has thoughts on this, it would be interesting to hear.
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Offline Amazon

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Yea, they want 21k BTC in the fundraising.....

Phase One consists of 4,000 Bitcoin; people participating on day one will receive 5,250 SWARM coin per Bitcoin. As more Bitcoins are received, the number of SWARM coin distributed will decrease to 4,750 until the end of Phase One. After a short cooling-off period, there will be a Phase Two with a 17,000 Bitcoins cap with a conversion rate of 4,250 SWARM coin, decreasing to 3,750 per Bitcoin until they are all gone.
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