Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Kiwi start-up launches equity crowdfunder to shake up global consumer technology industry
Posted on 2-Aug-2016 18:25. | Tags Filed under: News.

Kiwi start-up launches equity crowdfunder to shake up global consumer technology industry

The Module Project launched an equity crowdfunding campaign to support its high performance, sustainable, upgradable and customisable modular consumer technology company.  


Funds raised will be used for design, engineering and prototyping, as well as the launch of its first product – a mobile wireless speaker called Decibel. The company says Decibel is a departure from current technology products. It is engineered for longevity – it’s modular, user upgradeable, customisable and recyclable. 


“Decibel, our first product, is the first step toward repairing the problem with current, large technology brands. They sell consumers replacement devices by heavily promoting incremental upgrades and by making sure their current device has a limited viable lifecycle,” said Ketzal Sterling, Managing Director, Module. “This is wasteful of both resources and energy. It shows complete disregard for both their customers and the environment.” 


“Module aims to change how we as consumers interact with consumer technology. Module is a company with the sole purpose of designing and manufacturing the longest lasting technology products ever created.” 


“Module will dramatically increase the lifespan of technology products.  And our first product Decibel is designed to last a lifetime, a demonstration of that commitment.  The positive environmental implications of this ethos are monumental. The benefits to consumers are unequivocal,” added Sterling. 


Module is offering 1.2 million shares, approximately 10% of the company for a maximum funding raise of $250,000. Each $1,000 investment will give investors 4,800 shares. 


The regulated offer, which opens today, is being made through AlphaCrowd's equity crowdfunding platform and can be found here


More information:

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Sony XZ Owners discussion
Created by networkn, last reply by dafman on 25-Oct-2016 13:36 (110 replies)
Pages... 6 7 8

Rise of the machines
Created by Rikkitic, last reply by richms on 25-Oct-2016 12:41 (40 replies)
Pages... 2 3

Galaxy Note 7 Announcement and Owners' Thread
Created by eracode, last reply by ibuksh on 25-Oct-2016 08:39 (1189 replies)
Pages... 78 79 80

Microsoft's anti-competitive AV stance?
Created by kiwifidget, last reply by kiwifidget on 25-Oct-2016 11:57 (12 replies)

Gigabit cable now available
Created by sub, last reply by SteveC on 24-Oct-2016 22:51 (61 replies)
Pages... 3 4 5

Kiwibank Platinum by fees not by service?
Created by joker97, last reply by openmedia on 22-Oct-2016 11:23 (22 replies)
Pages... 2

Are the Fritzbox Actually Any Good?
Created by Kopkiwi, last reply by sidefx on 23-Oct-2016 10:20 (10 replies)

'Unlimited National Traffic'
Created by MikeAqua, last reply by Nil Einne on 21-Oct-2016 20:54 (20 replies)
Pages... 2