Over 1 year since dissolution of Kickstarter for smooth and high class hover board called Moov called Moov backed by Mark Cuban, repayment was given to the lender and the revenue is set indefinitely .
the reason? "Patent issues" and Cuba Hatsuko In e-mail, CEO of billionaire refused to talk about what "everyone" meant, but the battle for hover board patent is not new, it concerns only a few players.
Shan Chen, the founder of a company called Inventist, is listed as a patent inventor related to the most popular style of hover board. One of the key elements of Chen's patent is to cover the middle part of the hover board where the rider can twist the two opposite sides while the rider applies pressure to change gear and direction.
Chen used this innovation to manufacture and sell the hover board called Hovertrax. Mr. Chen used the patent to prevent as many competitors as possible in 2015 when the wave of hover board imitation from China began to flow into the market in the United States. With this we could not keep everything, but the Razor toy company finally decided to purchase the Hovertrax rights. The company then took most of Chen's court struggle.
However, the razor has not acquired the patent right. While Hoba Board is still hot, Cuba tried to sign a contract with Chen in 2015, Explosive Hot – again) but finally gifts due to the increasing number of legal drama. He said Buzz feed At that time, he decided to create a new hoverboard "respect the necessary IP and introduce us".
Two years after making that promise, a small company called Radical Transport supported by Cuba stalled and promised the evolution of the hover board idea There is none With twist …
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