Eyez: Competing with Google Glasses via Kickstarter

Via Wired, Author: Blair Hanley Frank —

One of Kickstarter’s biggest pieces of vaporware may be closer to reality — despite so far failing to deliver on its promises two years after raising more than $340,000 on the popular crowdfunding platform.

EyezAnswering questions this week, one of the new leaders of Zeyez, a Kickstarter-funded company that plans to build a pair of video-recording glasses, tells GeekWire that the company has built a new prototype, made key partnerships and is seeking funding to complete the project and bring the glasses (called Eyez) to market.

Originally called ZionEyez, the company raised $343,415 from 2,106 backers in June and July of 2011 — more than six times its original $55,000 goal — to produce glasses (called Eyez) that could record 720p video for easy sharing to Facebook and YouTube. The Seattle-based team said that they would be delivering the Eyez glasses in Winter 2011.

Since then, the specs have been plagued by delays and silence.

While backing a project on Kickstarter may seem like a way to get a reliable return, the truth is that many Kickstarter-funded projects are delayed past their projected ship date, and some don’t get completed at all.

According to Kickstarter’s FAQ, “Kickstarter’s Terms of Use require creators to fulfill all rewards of their project or refund any backer whose reward they do not or cannot fulfill.” In practicality, creators may not have any of the Kickstarter money left with which to issue refunds. While backers could theoretically bring legal action, nobody seems to have tried so far.

After the conclusion of Eyez fundraising the Kickstarter, the team initially showed progress. In December of 2011, the team posted a pair of videos recorded with a prototype pair of Eyez, as well as a link to an article on Engadget featuring a demo of the Eyez prototype.

“We are extremely pleased with the progress we have made within the past 6 months in developming Eyez prototypes, establishing partnerships, and creating a road map that will supersede your expectations,” they wrote.

In early 2012, the team rebranded as Zeyez and said that, while there had been delays in getting the final models manufactured, they were still pressing forward.

Read the rest of this interesting story on Wired.com