Linux.com

Home News Embedded / Mobile Mobile Linux Ubuntu Edge Crowdfunding Campaign Adds Lower Price Points as Pledges Slow

Ubuntu Edge Crowdfunding Campaign Adds Lower Price Points as Pledges Slow

Ubuntuedge_large

After a promising start, Canonical's plan to crowdfund $32 million and make an Ubuntu-based smartphone looks to be in trouble, as pledges have slowed significantly. Canonical's response? Introduce new low-price options on a limited basis. The company reached almost $3.4 million (more than 10 percent of its goal) in its first 24 hours, but, as was to be expected, the pledge rate plummeted during the second day of the campaign.

Total funding for the Ubuntu Edge currently stands at just under $3.9 million, meaning that Canonical has only managed to pull in around $500,000 in pledges over the past 21 hours. To succeed, the company will have to rake in just under $1 million per day from now on.

Continue reading…

Read more at The Verge
 

Comments

Subscribe to Comments Feed

Upcoming Linux Foundation Courses

  1. LFS426 Linux Performance Tuning
    21 Apr » 24 Apr - Virtual
    Details
  2. LFS520 OpenStack Cloud Architecture and Deployment
    05 May » 09 May - Virtual
    Details
  3. LFD320 Linux Kernel Internals and Debugging
    12 May » 16 May - Virtual
    Details

View All Upcoming Courses

Become an Individual Member
Check out the Friday Funnies

Sign Up For the Linux.com Newsletter


Who we are ?

The Linux Foundation is a non-profit consortium dedicated to the growth of Linux.

More About the foundation...

Frequent Questions

Join / Linux Training / Board