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BLOCKS modular smartwatch platform is dead, liquidation process begins

The folks at BLOCKS unveiled a concept for a modular smartwatch in 2014, launched a crowdfunding campaign a year and a half later, and eventually raised more than $1.6 million from more than 5-thousand backers.

But according to the latest update on the BLOCKS Kickstarter campaign, the team’s dream of a modular smartwatch platform is officially dead. After running out of money, the company’s remaining assets will be liquidated…

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