
I recently heard about the LIFX LED that will be funded by Kickstarter from a coworker. If you aren't familiar with KickStarter, it's revolutionizing how ideas get funded. Backers of a project don't have any ownership rights, but sometimes the project owner will give them benefits once the project is funded. LIFX was initally offering backers who gave over $69 a bulb once it was produced. Time Magazine just featured a nice article on crowd-sourcing website that focused on Kickstarter. It looks like the LIFX LED exceeded its fundraising goal by a factor of 10 and they've now raised over 1 million bucks!
From the Kickstarter page:
What can I do with LIFX smartbulbs in my house?
- Control your lights from anywhere
 - Choose any brightness for a specific bulb, a room or your whole house
 - Create the colors to match any mood or decor
 - Get notifications such as Twitter, Facebook, Texts and more
 - Reduce your energy consumption and save money
 - Visualise your music with animated colors
 - Make an impression at your next dinner party
 - Get creative with colors and effects
 - Create a night light for your kids
 - Security mode when you're on holidays
 - Create groups of lights
 - Robot dance like it's 1999
 
Can't wait to see this product once it is commercially available. Interested to see what the price points will be. Hopefully their vision becomes a reality!

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