![]() ![]() What could possibly go wrong already has. The Malaysian-based watchmaker has raised $81,944.49 to date, achieving 709 percent of their fundraising goal, with 14 days to go. Ī retro diver inspired dive watch with the concept of heritage and modernity, design with functionality by giving you the best of both worlds. Our mission is to make premium watches accessible, affordable and wearable every day.ĪEROTECH is making the same pitch as young master Gatter: a new watch with big brand quality at a bargain price. Hence those blue blocks on Mercury’s chart getting smaller and smaller.Īs watchpro reported, there are successes in this arena. As the years roll by, leaving more and more disgruntled “investors” in their wake, Kickstarter microbrand watches’ astounding failure rate has become harder and harder to ignore. Gatter is delusional, rather than criminal. Applying the 2020 stat to the number of Kickstarter microbrand watches currently seeking funding, a Kickstarter watch brand has less than a one percent chance of success.ĭoes that make Kickstarter microbrand watches a scam? I’m sure Mr. That would be 93 projects in 2017, falling to 38 projects in 2020. reports the actual number of successful Kickstarter microbrand watches. However, once a successful project has ended, and collection has started, it is no longer possible to cancel your pledge.” In other words, your SOL.īack up a second. Meanwhile, I can predict with considerable certainty Moulin will sink without a trace.Īlong with his backers’ $7776? “If a project is still live,” Kickstarter warns, “you can cancel your pledge before it ends. Or at least offered a red dial Moulin to capitalize on the Moulin Rouge, birthplace of the can-can. Gatter would have be better advised to work in the watch industry for 20 years before attempting to launch his own watch brand. That puts him less than a third of the way to his $25,703 goal, with 21 days before Moulin watches is officially stillborn. Gatter raised $7776 from 24 backers (average $324 each). That was the reason that made me think of starting my own watch brand from scratch, in order to make contemporary designed luxury watches affordable to everyone.Īs of yesterday, Mr. Unfortunately, watch collecting is a crazy expensive hobby, especially if you’re a student. Starting at the age of 15, I got into watches and learned to love everything about them. I’m a 21-Year-old business student with a great passion for watches. Here’s German founder Paul Gatter’s online pitch: The Moulin watch at the top of this post is a typical example of why this online market is a horological Venus flytrap. Not that they created or indeed delivered awesome timepieces beloved by their backers. ![]() Ĭlearly, Kickstarter microbrand watches are losing momentum – despite being home to a staggering 5,066 aspiring microbrand watch campaigns.Īlso worth noting: this is a chart of successful Kickstarter microbrand watches: projects that reached their fundraising goal. Or it does happen but it takes a LOT longer than promised. An aspiring watchmaker comes up with a new design, prices production, gins-up a photoshop image or prototype, raises money via Kickstarter campaign, uses the up-front cash to make it happen, sends out watches.
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