Shortly after Apple launched its new smartwatch model, competition for the iPhone giant already looms on the horizon. Pebble Time earned no less than $20 million at the end of its Kickstarter fundraising campaign and mass production is scheduled to begin in summer.
The Pebble Time smartwatch registered a record number of 78,000 contributors on Kickstarter. So far, 142 of them donated at least $5,000, earning the site’s highest rank “Distributor” distinction. Pebble Time announced it will reward each of these high tier backers of their project with 30 smartwatches, ten for each of the three available colors.
It is not the first time Pebble Time sets a new fundraising record on Kickstarter. The first time they entered the books was shortly after the funding platform was launched, when the company’s first smartwatch model became the first project on Kickstarter to collect $1 million. Now, Pebble Time beat Coolest Cooler, who had to settle for second place with “only” $13.2 million raised by the end of March.
Pebble Time announced the plastic version of the smartwatch will be available as soon as May, while consumers will have to wait until July for the steel watch. Both versions earned critical acclaim from tech specialists for being water resistant and coming equipped with a battery that is believed to last up to 7 days.
The device is compatible with both iPhone and Android, posing a serious threat to other models on the market. Compared to the older version, the new smartwatch features a surface that can be read even if faced in direct sunlight and a more energy-efficient display. Besides its top-notch water resistance technology, the Pebble Time Smartwatch is also expected to be fairly resistant to any display scratches.
The approximately 6,000 Pebble applications the new smartwatch supports include checking emails, reviewing past events or receiving updates on in-progress sporting events. It is also expected to help its users organize information easier, thanks to its new “quick action” features.
The new smartwatch also brings better ergonomic value, being 20 percent thinner than the older version. Specialists suggest the Pebble Time gadget works best with Android devices, some of its features being limited on iOS.
Consumers will be able to buy the Pebble Time smartwatch starting from $199 for the plastic version, while having to spend a little more on the steel bracelet – about $299.
Although it became offered biggest fundraising campaign on Kickstarter up to date, the Pebble Time project still left some records untouched. Chris Roberts’ highly-anticipated space MMO, Star Citizen, raised $76 million since 2012 and its campaign is still not over.
Meanwhile, although collecting the highest amount of dollars, the Pebble Time smartwatch is not Kickstarter’s most popular project when counting contributors. The Exploding Kittens card game convinced 219,382 people to pay at least $35 each for a copy of the amusing game.
Image Source: Tech Week Europe
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