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What's with all these overpriced, gimmicky Kickstarter items trying to reinvent the wheel? There was that bullshit metal cache, those other ugly-ass wallets, a few Kickstarters that are actually kind of neat (Pebble, Ostrich), and now, ANOTHER wallet.
What is so wrong about a folding leather wallet that can carry your cards and money? Do these people think that there are too many metal cars? Maybe we should make them out of cotton, instead. Or better yet, let's power them with nuclear energy!
They do what they have to well without reinventing a wheel that didn't need any innovation. There is a market for smartwatches and the Pebble fits neatly in it. The Ostrich pillow isn't trying to make an existing item even less practical (read: don't care what you have to say about it being nothing new). This wallet is.
"What is so wrong about a folding leather wallet that can carry your cards and money? " Folding adds bulk. I bought a Capsule Wallet when they were on kickstarter and haven't been able to use another wallet since. I've tried going back to regular bi/tri fold wallets and they just feel too bulky now. Works great for me, others might find otherwise.
Also, why do you even need a wallet? My roommate uses a rubber band for his cash/cards and my grandfather uses a binder clip.
Does it impact your life in any meaningful negative way that other types of wallets exist? Probably not, so why do you care? Someone might find this wallet useful.