Neil Young's Pono Kickstarter Raises Over $6 Million

Neil Young's Kickstarter for his PonoMusic Player has ended after raising over $6 million, eight times its original goal of $800,000.

The campaign closed on April 15th with full backing on several pledges tied to rewards, including signature series Ponos with pre-loaded music and autographs from Metallica, Tom Petty, Pearl Jam and Young himself. Rewards for the $5,000 pledge levels include a dinner and a VIP listening party with Young in California and New York City. In total, 18,220 people backed the campaign, pledging $6,225,354. Kickstarter's rules say that project organizers can keep money raised above and beyond the initial funding threshold.

The Pono music player and service allows users to listen to music at a much higher quality than the typical smartphone. It has a suggested retail price of $399 and contains 128 gigabytes of memory, which can store between 1,000 and 2,000 high-resolution songs. The device will also accept memory cards to hold more music and playlists.

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