The makers of the Coleco Chameleon retro console wanted $2m to manufacture it—and raised more than $80,000 in an Indiegogo campaign.
Their prototypes turned out to be unsettlingly reminiscent of
a) a piece of cardboard
b) a video capture card in a not-quite translucent box, and
c) SNES parts wrapped in duct tape.
The axe is falling: Coleco, which licensed its brand to the team, has demanded to inspect a working prototype.