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Scott Wilson, founder of Chicago based design studio MINIMAL, proposed the two gorgeous brands TikTok and LunaTik that give you a real multitouch wristwatch, it’s not just another strap for your new MP3 player to your arm.Those who pledge $25 to the project will receive a Nano-holding watch kit when it is produced.

To date, Minimal has received over $600,000 in pledged backing through Kickstarter, a website that crowd sources funding for projects, to design and manufacture kits that convert Apple’s latest iPod Nano into a futuristic multi-touch wristwatch that would make Dick Tracey jealous.

The project originally set a goal of $15,000 for funding through Kickstarter. And according to Scott Wilson, founder of Minimal, the iPod watch is the first Kickstarter project to surpass $500,000 in funding.

Minimal plans to sell two variations of conversions kits: the Tik-Tok and the LunaTik. The Tik-Tok kit is the basic version while the LunaTik is the high-end model offering higher quality materials. Both kits will allow purchasers to snap iPod Nanos (iPod Nanos not included) into a dock that can then be worn around a wrist just as easily as a watch. Apple even had the foresight to include a full screen analog clock display as a feature of the iPod Nano.

Kickstarter is accepting funding contributions until December 16. A pledge of $25 will count as a pre-order for a Tik-Tok kit and a $50 contribution will get you a LunaTik kit. If you pledge $70, you’ll get both. That’s a deep discount from what you can expect to pay retail: the Tik-Tok is slated to sell for $34.95 and the LunaTik for $69.95.

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