Cardboard Bicycle Launches $2 Million Crowdfunding Campaign
Bike made entirely from recycled materials looks for funding to start mass production.
We first found out about Izhar Gafni back in 2012 when he came out with idea of a $9 cardboard bicycle. Now, it seems he wants to take the project to the next level after launching a $2 million Indiegogo campaign.
Even though the bike is only made of recycled cardboard, plastic and rubber, it can hold up to 400 pounds of weight. Thanks to a special coating, the bike is also able to withstand the elements, including fire.
While $2 million might seem like a lot to produce a cardboard bicycle, it’s the facilities required for mass production that will be the biggest cost to cover. As with many other products, once the initial investment is made, everything becomes significantly cheaper to run in the long-term.