Too good to be true? Battery-free gadget may be a wild $500,000 Kickstarter scam

%name Too good to be true? Battery free gadget may be a wild $500,000 Kickstarter scam by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

iFind, dubbed “the world’s first battery-free item locating tag,” may be one of the coolest Kickstarter projects yet, having already hit over $520,000 in pledges – more than 20 times its initial goal – but it also may be a huge scam. iFind is a tiny device that’s supposed to be used with a smartphone app to quickly locate lost items. While this isn’t a new idea, WeTag says it can do it without the use of a battery. And that’s the crucial detail that causes concern.

Read more here: Boy Genius Report

Posted in Mobile.