Another $1 Million Crowdfunded Gadget Company Collapses

By Matt Burns

Remember the Robotic Dragonfly? The little drone was an early crowdfunding success story, netting over a $1 million in pledges on Indiegogo in 2012. At the time, it was one of the first crowdfunded gadgets to raise more than a million dollars. The project promised a tiny robot that can fly like a bird and hover like an insect — and for $99, too. Bad news, friends. This little drone is… Read More

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Source:: TechCrunch Gadgets