Courtesy Olive
The Olive, $150 (projected)
It’s a boom time for wearable tech, and a new product aims to use biofeedback technology to help users monitor and manage stress.
Olive is a bracelet that aims to be “your personal guide to stress,” according to the founders. “It is an intelligent bracelet that not only quantifies stress, but helps people manage it,” says CEO Hiro Ellis in a promotional video.
The bracelet monitors heart rate, heart rate variability, skin conductance, ambient light, motion, and skin temperature, giving haptic feedback or LED light feedback when it detects stress to trigger a stress-management exercise.
Projected retail price is $150, though the company also expects to have an heirloom edition in 18k gold for $1,000.
The product is raising funds via an Indiegogo campaign that launched on Sept. 30, with a goal of $100,000 by Nov. 1. By Oct. 16, it had raised $95,769. The company expects to deliver the product by fall 2015.
The Olive campaign on Indiegogo is here.
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