Ossic , the company develop the Ossic X over - ear headphones design in the first place for virtual world headset , has ceased output after failing to deliver pre - orders to crowdfunding backer and is shut down “ effectual immediately . ” While Ossic blames lack of demand for its niche product ( in addition to manufacturing trouble ) , the company sure did raise a quite a little of money with its phone concept , and to say people are a bit annoyed they are n’t get their fancy cans anytime soon is an understatement .
In aKickstarter updateon Saturday , the Ossic team said the party was “ out of money ” and creating additional headphones want more capital to start mass product . The party claims it managed to produce 250 Ossic tenner units , but is ineffectual to package and ship them due to insufficient store . Ossic said it reach out to other fellowship and investors to stay afloat , but was unable to touch an concord .
The Ossic X was placard as “ the earthly concern ’s first 3D audio headphone that straight off calibrates to the listener , ” have a tidy sum of sensors , six mike , and principal - trailing support for right emplacement of audio in a practical space . Like many crowdfunding projects , Ossic ’s campaign suffered from feature weirdo , and the party cites the addition of stretch goal like backing for mobile devices as one of the many reasons development was so dear .
Sure , the Ossic team does n’t look to have carry the money toinvest in some real estate , but the company ’s failure to deliver is curious when you consider how much money they had . Ossic raised a handsome $ 2,708,472 ( shatter its $ 100,000 goal)from Kickstarter , and $ 3,248,214from Indiegogo . It also received an equivalent amount from a cum investment , meaning the nigh $ 6 million rear through crowdfunding was only one-half of the company ’s total funding .
Many Ossic angel are understandably upset after spending at minimum $ 200 to back Ossic and receive a pair of Ossic Adam headphones . There ’s now anOssic X Class Action LawsuitFacebook group , where backers have gathered to discourse way to babble out to the team to get their headphones orpursue legal actionthrough course of study action cause .
Of course , evaporate Kickstarter projects are n’t unheard of , but the situation ’s term of use have a clear set of essential for creators who ca n’t deliver , including providing evidence “ that they ’ve used finances appropriately and made every reasonable effort to complete the task as promised ”
“ Under the contract , if a creator ca n’t fill out their project , there are steps they must fall out to satisfy their debt instrument to backer to the fullest extent potential , ” Kickstarter told Gizmodo in a statement . “ If the backer decide that the Jehovah has not upheld their destruction of the declaration , they may pursue legal action mechanism against the Godhead . ”
Gizmodo has reached out to Ossic for scuttlebutt and will update this report if and when the respond .
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