The Blocks smartwatch, which would have been the first modular smartwatch ever created, has been canceled. This comes about four years after the project’s initial crowdfunding campaign on Kickstarter.
The company was able to successfully generate $1.6 million through the use of the crowdfunding platform at the time. However, the product was buried in delays, and some people began to speculate that it would never be released to the public. It turned out that they were correct all along.
The organization has at this time communicated with its Kickstarter donors through email, informing them of the “Commencement of liquidation proceedings.” This document contains a “proof of debt” form. However, given that the company is now experiencing a cash shortage, it is highly doubtful that anyone will be granted a complete refund.
In addition, the relevant information has been updated on the Kickstarter page. Backers are the only ones who can see the post, although some backers have shared screenshots of the text.
It would appear that a crucial manufacturing partner withdrew from the project late on as a result of some internal business reorganization. This, in conjunction with the fact that a software partner was no longer available due to a purchase, resulted in a significant financial loss. To make a long story short, they were unable to secure the necessary additional funds, which prevented them from bringing the project to a successful conclusion.
The entire concept was filled with ambition from the very beginning.
The watch’s core unit was designed to be one that could be customized based on the user’s preferences using various modules. A custom connector was used in the design.order to connect separate modules to the main body of the timepiece. Each module is built to be ready to plug in and play, and you may connect anywhere from four to five modules at the same time.
They come equipped with a variety of sensors, including those for measuring temperature, humidity, altitude, air pressure, GPS, heart rate, smart buttons, UV sensors, NFC chips, and more. The fact that the corporation has indicated it will welcome the development of modules by other parties indicates that there is a limitless number of possible extra features. The Core device had an AMOLED screen, basic fitness tracking, notifications, a two-day battery life, music control, and an Alexa-powered personal assistant.
It would appear that the organization was successful in producing a few finished units on the production line. At this year’s Consumer Electronics Show (CES), the watch was demonstrated, which stoked renewed curiosity and rekindled hopes that it will eventually be commercially available. Still, the backers who did get the device said it had a number of problems, such as low-quality hardware and apps that crashed often.