Comment on Otto is betting people will pay $700 for a premium smart lock

Otto is betting people will pay $700 for a premium smart lock

What’s the biggest thing holding back smart locks? Pricing? Consumer awareness? Security concerns? Bay Area-based startup Otto believes the issue is due, in part, to aesthetics. Today the company showed off its smart lock, created with a minimalist design in mind and a form factor the same size as the traditional lock it’s designed to replace.

 

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