Tiko Shuts Down, M3D Offers Discounted 3D Printers to Backers

Anyone who backed the Tiko 3D printer back in 2015 is likely feeling more than a bit frustrated right now. It's become quite a saga - the Kickstarter introduced a $179 3D printer that promised to deliver the quality and reliability of a much higher-cost machine. Backers swarmed, pledging a total of $2.9 million, but then it all fell apart. Nearly two full years after the launch of the campaign, Tiko has admitted defeat. As it turns out, backers don't have to walk away completely empty-handed, however, thanks to another Kickstarter-launched company - one that succeeded. M3D wants to help out the people who supported Tiko by offering them a chance to purchase a Micro 3D printer for only $199. We spoke to M3D CEO Michael Armani about the decision, as well as why he thinks so many Kickstarters have failed. Read more at 3DPrint.com: http://3dprint.com/165964/tiko-kickstarter-m3d-backers/

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