Lycos, a company founded in 1994, did not manage to become a household name back in the tech boom. Now it is trying to resurface by launching a password storing ring and a monitoring wristband.
Named simply the Lycos Band and Lycos ring, the new Lycos Life devices are launched in an already saturated market.
The pros of these devices include the fact that they use NFC, a wireless type technology that evolved from Radio Frequency Identification. This means a relatively low energy consumption, and low processing usage.
Features like sleep and call monitoring will be available and Android phones can receive or send this information. For now, the best features include secure bank transfers and “one tap” data sending options include phone numbers, addresses or directions.
The price for the Ring is about 60 U.S. Dollars and the band will cost around 125 $. This is not a very high price compared to competitor devices, but not by far a low enough one to entice costumers who do not want a big brand one. Actually it is about the same, which poses the question why would you buy one?
Lycos is trying to sell it’s new products by advertising it’s user recognition abilities, and fast user friendly data transfer options. This could have proven useful as far back as two years ago, but now in the SmartWatch development age, features advertised by Lycos, are not that rare or necessary.
Not many people want to share their exercise wristband, and even less would share a ring containing private information and password.
Recently most users desire more privacy oriented devices, in particular any gadgets containing private information. More and more safety features are included in smartwatches and wristbands, in case they are lost or stolen, and GPS tracking technology is getting cheaper and cheaper.
Apple proved that users recognition is not the most import when it comes to safety rather the company based it’s interest in GPS tracking that would tell police immediately where a device is as soon as the owner notifies them.
Lycos announced it well sell part of it’s internet patents in order to join the gadget market with ” A suite of hard, good products”.If future gadget releases, will not feature either new apps,more affordable prices or better quality than competitors selling patents might result in bad investments.
Image Source: lycos.com