Funding is necessary for any business to start. In fact, it is one of the most important factors when it comes to translating an idea to a business module. It’s the time where anyone with a solid idea that can bring alive the next #Uber, or #Snapchat, because of Crowdfunding platforms. Crowdfunding has emerged as a savior for those entrepreneurs who have an interesting idea but lack the funding required to set it up.
We’re expecting 75-100% growth in US equity crowdfunding volume of capital raised in 2016, approximately $3.5 to $4 billion – David Pricco, Editor @ CrowdExpert.com
Much unconventional technological advancement is owed to the concept of crowdfunding. Here is the list of few of the most eminent and highly crowdfunded wearable products of 2016 in Kickstarter and Indiegogo.
Highly Crowdfunded Wearable Products of 2016
1. LVL – The First Wearable Hydration Monitor
While this wearable keeps all the usual norms and features like activity log and heart rate monitoring, it also claims to have a dedicated function of being able to manage hydration levels for the user.
2. Octopus – The Training Wheels For Good Habits!
This smartwatch designed exclusively for children aims at improving the sense of responsibility towards time. Developed by Joy, this device can allow the parents to make the daily activities look like games to the children through interactive and interesting reminders.
The idea is to create a smartwatch that can help the user keep track of the important physical factors like cardiovascular health and blood pressure to allow a healthier lifestyle. The project has seen huge acclamation from many people who are smitten by the features that even include an inbuilt GPS.
This seems to have come out right from science fiction movies. This smartwatch charger can keep the watch suspended mid-air while charging by using magnets and levitation technology. The makers of this product, Levitation works branded it as a cool and geeky gadget that would be hard to avoid for any technology enthusiast.
5. Poze – The Ultimate Posture Coach
This is one of the most promising postures correction devices, which has managed to attract many people. Being simple and easy to use, this device has the benefits of being handy as well.
6. Fitsleep – Your Personal Lullaby
A good number of sleep monitoring devices are available in the market these days, and while they offer great features, Fitsleep takes the cake toppings when it comes to optimizing the deep sleep. With Fitsleep at your side, you can get easily in deeper sleeping owing to the E-Lullaby attribute in it.
The idea of creating a smartwatch wearable that can measure the emotional metrics is catchy. Planextra wishes to create a device which when strapped on the wrist, can detect one’s mood, anxiety and stress levels.
8. Pomo Waffle – The First Fashionable GPS Smart Watch for Kids
The idea is to create the best wearable smart watches exclusively for the kids. Pomo House decided to create a kid-friendly wearable that offers smart like built-in location tracker and scheduling module.
9. SenseON – A Clinically Accurate Heart Rate Monitor
Developed from medical grade materials, this device claims to be extensively accurate in measuring the heart rate. It is designed on the lines of band-aid and is placed on the chest while monitoring the heart beat during the day as well as sleep.
10. Mover Kit – Get kids Moving, Building & Coding
This kit from the London-based firm ‘Technology will save us’ aims at improving the quality of learning in children by letting them code the reactions to different motion in the form of variable color flashes from the wearable. The device usage motion sensors, accelerometers, compass and magnetometer to record the motion. The kids can assemble and improvise the device according to their will and end up creating interesting assemblies.
Crowdfunding has emerged as a really helpful and business-friendly concept. With more and more success coming through this method of investment, people are starting to trust its credibility. It can be safely expected that the tide will remain for the concept and the technology will grow along its lines as well.
Next To Read: 50 Best Wearable Tech Products of 2016