Vrvana Cancels Kickstarter Campaign for Totem VR HMD
In mid-September 2014 Vrvana launched a Kickstarter crowd-funding campaign for its Totem virtual reality (VR) head-mounted display (HMD). The company had hoped to raise $350,000 CAD in funding to aid production of the device. Just over three weeks later and the company has cancelled that campaign, six days before it was due to close naturally on 15th October. With less than a week to go, the campaign had raised $181,643 with the help of 472 backers, leaving a big gap to close in the final days. Instead the company is now opting for funding based on pre-orders.
“We really appreciated your kind words and encouragement!” the company wrote in a Kickstarter update. “Based on the overall comments and feedback, we’ve made the decision to pull our Kickstarter campaign and instead offer pre-ordering on our website.” The developer cited the lack of interested in developer kits over a finished product as one of the main reasons for the Kickstarter’s failure. It also suggested that some features of the Totem were still in development and pricing was said to be too high.
Pre-orders for the device have already launched via its official website. Those interested can put down a $50 deposit now with $450 plus shipping then charged at delivery. The first 1,000 HMDs are expected to ship in October 2015.
The Totem offers a 1080p OLED display with a 90 degree field of view (FOV) and onboard cameras that allow for positional tracking. The HMD offers a unique advtange over the likes of the Oculus Rift PC HMD and Project Morpheus PlayStation 4 HMD in that it is compatible with PC, Mac, Linx, PlayStation 4, PlayStation 3, Xbox One and Xbox 360. The standard backing goal for pre-order a HMD on Kickstarter was set at $495, though early bird offers did offer a cheaper price.
VRFocus has reached out to Vrvana for comment on this update and will be keeping you up to date with the situation as it developers.