Slock.it will fail in the longterm on their current trajectory from what I can tell. Seems like a company that's being built to be bought.
The smart lock was an obvious a PR stunt to raise funding.
Their tech can be replicated by any competent hardware/software team.
They are essentially a me-too consulting firm for Ethereum integration for big-brand IoT.
Slock.it won't be getting anywhere near the full DAO funds for their fundraising.
Maybe, maybe not. The small slice of non-equity incentives being offered to the DAO is another question as well.
Slock.it will fail in the longterm on their current trajectory from what I can tell. Seems like a company that's being built to be bought.
The smart lock was an obvious a PR stunt to raise funding.
Their tech can be replicated by any competent hardware/software team.
They are essentially a me-too consulting firm for Ethereum integration for big-brand IoT.