Is The L00P Filament Recycler A Scam?

I absolutely agree that the product itself it real, the video has convinced me of that. Where I really struggle is the price of this thing, I just can’t figure out a way that this company would be selling these machine for this price without a massive loss.

I figure one of 3 things is going on.

  1. They do have a model of this product that exists, but they have no intention of actually selling it. They are just trying to take peoples money and run. Although it seems a bit silly it would be such a small amount, they could have easily charged more for this thing and people still would buy it.
  2. They will be offering some sort of subscription based model in order to actually use it, this is becoming more and more common these days, although I can’t for the life of me figure out how one would insert a subscription into a filament extruder.
  3. This thing does in fact happen to be real and this company has figured out some miracle way to produce these machines for an incredibly low price.

My gut tells me it is door number 1, although I am incredibly hopeful for door number 3. Too many times we have seen this exact same situation, amazing new invention for a low price which never ends up being delivered.

Also where did you see about their other products, I have not heard of any other products which they have produced. I do know of LOOP (different to L00P) who produces industrial machines, is this who you are thinking of?