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Another rising technology with a similar name. This phoenix is set to be the Rails for Elixir

Agreed. Here's a starting point if they decide to change the name: http://www.thesaurus.com/browse/swift

Seriously. Unfortunately OpenSwift appears to be taken [0]. It would have been the obvious choice.

How about "Veloces" (Latin for 'swift")?

As long as you and everyone else pronounces it correctly as "veh-lawk-ays". Personally I'd go for "Velocitas" (swiftness).

Swoft?