Price of Canonical's Ubuntu Edge smartphone lowered and now fixed at $695 until the end of the campaign
The story of the Ubuntu Edge is definitely an inspiring one – a promise of computing convergence, along with some truly dizzying specs.
Unfortunately for Canonical, the company behind the Linux-based Ubuntu and the Edge smartphone, its crowd-sourced campaign over at Indiegogo is shaping up to be a failure. Off to an impressive start, the Ubuntu Edge managed to raise a whopping $2 million in under 12 hours from the start of the campaign on July 22. Fast forward to August 7, and the amount raised was $8.37 million – an almost complete stop if you consider that six days earlier, the sum was $7.75 million.
In what seems like an attempt to bring the campaign back to life, the team behind Canonical has just announced that they're lowering the minimum pledge required to secure an Ubuntu Edge. Fixed for the rest of the campaign, it will now cost you $695, down from $775.
With 14 days left until the end of the campaign it is unlikely that this move will manage to breathe life back into the effort. We remind you that the campaign will only get funded should it reach its goal of $32 million. In other words: everything or nothing. And 'nothing', precisely, seems likely to be the case. We, for one, can't help but hope we're very wrong.
2. jellmoo (Posts: 354; Member since: 31 Oct 2011)
I really want this to be a success story, but honestly they set their funding goal way too high. More than triple what the largest crowdfunding success had been to date is just way too much.
I think that Canonical has a very interesting idea in regards to convergence, but they are a software company, not a hardware one. They need to think along those lines and partner with a manufacturer to make it happen, regardless of how cool the Edge looks.
3. a_merryman (Posts: 509; Member since: 14 Dec 2011)
If they could do this, why didn't they from the get-go......
4. linas_ltu (Posts: 32; Member since: 19 Apr 2012)
I hope the funding will be successful. They could have already received it if they had chosen Kickstarter.
5. steelew (Posts: 26; Member since: 04 Jun 2012)
I for one will be checking back towards the end of the campaign to pledge if it looks like it will go through. I agree with some of the other commentors that they do need lower the $32M down to something more reasonable. Fingers crossed though.