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New Pebble smartwatch crowd funded in half an hour

The new Pebble smartwatch was announced today, it is called Pebble Time and will cost $199 with a color display and a brand new interface. The watch launched on Kickstarter earlier this afternoon and has already raised over $1,000,000.

The crowd funding project was asking for $500,000 but it seems people were really eager to see a new Pebble watch, at the time of writing, just over 6000 people have backed the project. By the time you read this, that number will have likely increased significantly.

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Key features of the Pebble Time watch include, a new colour e-paper display, seven days of battery life, water resistance, fully compatible with past Pebble apps and it will begin shipping in May.

The backing tiers on Kickstarter start at $159, 5000 people can buy an early bird Pebble watch at a slightly lower than retail price. After that, 20,000 people can pick up a Pebble Time for $179. You can spend $338 and get two of them, $845 will get you five watches, $1690 will net you ten Pebble Time watches and the final tier goes for $5000, which will reserve you 30 smart watches.

The original Pebble smartwatch was a huge success and was widely praised. Now we just have to wait and see if the new model can live up to expectations. You can take a full look at the Kickstarter page, HERE.

Discuss on our Facebook page, HERE.

KitGuru Says: The Pebble Time Kickstarter surpassed $1,000,000 in about an hour. If the project keeps up this pace, it may end up becoming one of the most successful projects ever. 

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