“Our current prototype can change display with a smartphone (through NFC, without external power), with the working tago app we developed,” CEO Zoli Kovács tells TechCrunch. “We are now working on the final design and software optimizations. The electronics (on flexible printed circuits, flexible display, etc) are ready to be put in the final commercial version of the tago arc.”
The choice of NFC also opens the bracelet up to functionality expansion in future, according to Kovács, who hints that contactless payments might be supported down the line “perhaps one day”. Although he also stresses that the primary motivation here is to build a wearable accessory that looks good, rather than to add on lots of functionality bells and whistles.
Owners of the tago arc will be able to load their own designs onto their bracelet via the companion app for free. There will also be a marketplace for downloading and buying imagery and designs from others.
The TechCrunch article about Tago Arc mentions the following quotes from CEO Zoli Kovács: “Our artist community will price their own artistic contributions to the #pic market,” and “Our suggested price for them will be around $1-$2, but we will not pre-set the prices, we will let the supply and demand sort it out for itself. There is also going to be an option here for premium brands and designers to price their exclusive designs at a higher price.”
According to the news the bracelet itself will be made from coated surgical stainless steel, with gold, silver and black color options. The basic price for Indiegogo backers is now $259 per bracelet. Precious metal premium versions are also offered obviously at far higher cost.
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