Sponsors

Wednesday, August 20, 2014

Utter Failure Of Kreyos Smartwatch With $1.5 Million In Backing Shows The Continued Perils Of Hardware Crowdfunding

kreyos3


Crowdfunding complex hardware is risky business, and it seems that risk is something backers of the Kreyos Meteor smartwatch are becoming all too familiar with.


The Kreyos smartwatch (red flag #1) began as a flex-funding campaign (red flag #2) on Indiegogo (red flag #3) in July of 2013. After raising $1.5 million - $1.4 million more than their original goal - Kreyos set to work creating its seemingly well-funded, purportedly unique product.





Utter Failure Of Kreyos Smartwatch With $1.5 Million In Backing Shows The Continued Perils Of Hardware Crowdfunding was written by the awesome team at Android Police.












from Android Police - Android News, Apps, Games, Phones, Tablets http://ift.tt/1vjlrue

No comments:

Post a Comment

Related Articles

Related Posts Plugin for WordPress, Blogger...