The Biggest Crowdfunding Campaign Ever Is Probably Going to Fail

For the Ubuntu Edge, it’s $10 million down, $20 million to go. That’s because the proposed smartphone that would transform into a PC is aiming to raise $32 million on the crowdfunding site Indiegogo, and has committed to only take the money if it reaches its goal.
   There are only six days left in the month-long Ubuntu Edge campaign, and open-source developer Canonical has raised nearly $10.5 million. The previous record holder, smartwatch maker Pebble, had topped out at just about $10.3 million on Kickstarter (then again, Pebble’s original goal was $100,000).
The new device would run both Ubuntu mobile OS and Android, and convert into a desktop PC via a monitor. It would have much more memory and storage than the standard smartphone, and a sapphire crystal display. Canonical compares it to Formula 1 in the car industry, a so-called “superphone” that would inspire broader innovation.
Weirdly enough, it doesn’t sound like...Read the rest of this post ---->
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About Doru Somcutean

Hello, my name is Somcutean Doru and I'm from Romania.

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