SOXAI RING X Tops 100 Million Yen On Kickstarter In 72 Hours
The campaign's pace shows backers are funding a Japan-developed wearable on the promise of a 5.19mm width and 10-day battery, a size and runtime combination SOXAI says its own current model and other smart rings have not reached.
Reporting from 1 source: ASCII.jp.
SOXAI RING X, a smart ring from Yokohama-based SOXAI Co., Ltd., reached 100,482,644 yen in total pledges and 2,868 backers within 72 hours of its Kickstarter launch. The company says the ring measures 5.19mm wide with up to 10 days of battery life. A working prototype is complete, and SOXAI plans manufacturing, inspection, and post-purchase support within Japan.
SOXAI Co., Ltd. lists the campaign at 100,482,644 yen from 2,868 backers within 72 hours of launch. The company says the ring hit 2,000 backers and 60 million yen within the first 24 hours, and support kept coming after that.
The pitch rests on two numbers: 5.19mm wide and up to 10 days of battery life. SOXAI says its own power-saving design let it pair the two, against the usual tradeoff where a thinner ring means a smaller battery. The device is developed in Japan, and the company plans manufacturing, inspection, and post-purchase support there as well, with data from Japanese users managed domestically at minimum.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.