Plastc, the card we all wanted in our wallet, is going out of business. The reprogrammable card featured an e-ink display, and stored data from up to 20 other credit cards in an attack to abridge our chaotic wallets. It was sleek, stylish, and highly-sought after, alluring more than $9 actor in pre-orders since ablution in 204.

And now it’s gone.

According to a blog post today, Plastc is closing its doors after two failed allotment rounds. Early this year, Plastc sought to raise added basic to kickstart its launch and accomplish preorders. Its first option, a $3.5 actor Series A round, fell through. The aggregation then snagged a $6.75 actor offer, only for the broker to back out at the last minute, according to a aggregation spokesman.

For backers, the news gets worse. Plastc won’t be bushing any pre-orders on the way out. (Emphasis theirs).

The abutment of our amazing backers has been incredible, which makes this advertisement even harder. We were so abundantly ready for assembly in order to hit our deadlines but after basic it is absurd for us to move advanced and we will not be able to accomplish any pre-orders.

We are aghast and emotionally distraught, and while we know this is acutely black for you, we want our backers to know that we did aggregate we could to make Plastc Card a reality.

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