Pebble Time Kickstarter project raised $20.3 million - crushing yet another record!

It broke its first record on its first day, when it became the fastest project to raise $1 million - in 49 minutes. A week later, it became the most funded campaign in Kickstarter's history after receiving more than $13.3 million in pledges, besting Coolest Cooler, the previous record holder.

 

Now, in total, Pebble has raised $20,336,930 from 78,463 people. Pebble's initial goal to raise $500,000 was too easy of a hurdle. Each watch was sold for $159 to early backers, and $179 for just about everyone else. Once retailers start selling the watch, the price will go up to $199.

"We cannot thank the Pebble community enough for their monumental support," Eric Migicovsky, Pebble CEO, said in a statement. "We continue to listen to and be inspired by the backers who believed in us and supported our vision from day one."

The Pebble Time is Pebble's second generation smartwatch, and this is Pebble's second Kickstarter campaign.

Three years ago, Pebble raised more than $10 million from 69,000 people on the crowdfunding site for its first product, the original Pebble Watch. The company's goal at the time was also an easy target -- $100,000.

Pebble Time is 20% thinner than its predecessor, and features a new color e-paper screen. The Pebble Watch only came with a black and white screen. A one-week battery life has also been another selling point for the Pebble Time.

Kickstarter says that Pebble is one of thousands of companies and creators who have turned to crowdfunding on its site for more than one project.

"Pebble's double success really shows the power of Kickstarter as a way to build community around creative work," John Dimatos, Kickstarter's lead for tech and design projects, said in an email statement. "The Pebble team wanted to come back to the people who supported them at the start, and that community really responded."

Pebble says it will start shipping the Pebble Time watch to its backers in May.

Source: CNN Money

Congratulations, Internet. You've successfully raised $55,492 so an Ohio man can make potato salad for the first time.

His crowdfunding effort on the website Kickstarter closed Saturday night. It became a social media phenomenon since it launched a month ago and the contributions came from nearly 7,000 people. Half of those gave less than $3 and 860 gave $35 or more, according to data posted by the site.

It wasn't to sponsor the culinary creation of a famous -- or even skilled -- chef. When asked what type of potato salad he would be cooking up, the man behind the project, Zach Brown, admitted he didn't have a recipe in mind, nor any experience.

"I'm not sure. It's my first one. Probably whatever is easiest," he wrote.

His effort began with a $10 goal and quickly caught steam. In the first week, Brown raised $11,000. Along the way he set new benchmarks for success. If the effort raised $3,000, for example, he promised to "rent out a party hall and invite the whole internet to the potato salad party."

After exceeding his goal many times over, Brown pledged to do some good with "our little Internet joke about potato salad." In an op-ed for CNBC, he promised to donate "a significant portion" to an endowment fund at a non-profit to support hunger and homeless efforts. The non-profit, The Columbus Foundation, said the fund would "be sure there is a legacy left from the campaign."

Brown has a lengthy list of other commitments. In exchange for the money, crowd funders promise their contributors something in return -- like the hundreds of commemorative t-shirts, hats and cookbooks Brown offered. To all 6,911 donors, he committed to "say your name out loud while making the potato salad." And he owes 3,330 contributors a literal piece of his effort: "a bite of the potato salad."

Source: CNN Money

Bluetooth and a blender? Now this is the coolest cooler we have ever seen!

One of the hottest Kickstarters at the moment is also the coolest. It's hard to imagine a cooler could inspire passion, but the Coolest cooler is winning crowdfunding fans by throwing everything from a blender to a Bluetooth speaker into the mix.

The Coolest has some features that are just plain smart and practical. It comes stocked with all-terrain wheels, gear tie-downs for strapping your extra stuff on top, plate and knife storage, and an LED lid light to shine down on the glory of its contents.

It holds 60 quarts and an internal divider doubles as a cutting board. The cutting board comes in handy when you want to slice limes for your margaritas, which you will be making with the 18-volt battery-powered rechargeable blender that attaches to the top of the cooler.

The blender certainly catches the eye, but the technology doesn't end there. There's a USB charger for powering up your smartphone and a removable waterproof Bluetooth speaker so you can blast "Margaritaville" while you're making your blended frozen beverages. The Coolest is not so much a cooler as it is a party companion.

The Kickstarter has certainly created a new cooler fanaticism. The original $50,000 funding goal got left in the dust. Now, nearly 11,000 backers are in for over $2 million with a long 49 days to go. The cooler is going for a $185 pledge. Ryan Grepper, the man behind the Coolest, is looking into stretch goals such as more colors, bigger wheels, and perhaps even a solar charger.

Check the Coolest out on Kickstarter by clicking here.

New 3D printer, The Micro, has launched a crowd funding campaign for $199.

High end 3D printers out in the wild already can print some pretty incredible things but at a high cost and commensurate level of complexity. As with any nascent industry, the market’s initial focus was specialists and professionals rather than the mainstream. But that focus is shifting and more consumer-focused 3D printers are starting to push in.

The Micro, launching a Kickstarter crowd funding campaign today to raise $50,000, is aiming squaring at the consumer end of the market, with a low cost device that’s undoubtedly pretty basic but which is therefore aiming to be simple and straightforward to use.

The Micro 3D printer has a print layer resolution of between 50 and 350 microns, and a print area of 4.6 x 4.2 x 4.4″. Its on desk footprint is just 7.3 in³.

This box is not going to be able to print anything big or especially beautiful but it looks set to be able to churn out brightly coloured plastic trinkets at relatively low cost – with an early bird Kickstarter price of just $199 for the printer (rising to $249 and $299 after the cheaper pledge levels are gone).
That’s considerably cheaper than some other consumer-focused 3D printers. For example, MakerBot’s compact 3D printer, the Replicator Mini, which has a maximum build volume of 3.9 × 3.9 × 4.9″ and a print layer resolution of 200 microns, costs orders of magnitude more, at circa $1,375.

There’s also the Zim, which hasn’t yet made it to market, offering up to 80-micron print layer resolution and a print area of 5.9”x5.9”x5.9 – but with a retail price expected to be a little lower, circa $899.

The Micro’s consumer-friendly credentials include having a plug and play ethos, with the device shipped ready assembled, and with auto-leveling and auto-calibration built in to the printer head so it can keep on printing without requiring user intervention.

Filament spools can also fit inside the box to keep it looking clean and improve portability. The printer can take PLA or ABS, as well as the maker’s own filament spools — or standard 1.75 mm filament spools available on the market.

The companion software for selecting and tweaking 3D models to print is being designed for touchscreen use and to support drag and drop interactions.

It’s also apparently very quiet during operation, and its makers claim it has the lowest power consumption of any 3D printer on the market.

There’s no doubt its lower cost means corners get cut on print quality. But that’s the trade-off the Micro’s U.S.-based makers reckon the mainstream will be happy to make to have a device in their home that can print bits and bobs for fun or small household/family projects without costing a fortune.


Source: Tech Crunch, KickStarter