AllTheWallets

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  • AllTheWallets
    Keymaster
    GB
    Adding another wallet that we think is a scam. This time it’s the Woolet Wallet. First funded in 2015 the wallet managed to raise over $300,000 in funds but didn’t really deliver on the project with many backers still yet to receive anything. Those that did receive their wallet found it not as described with many of the Woolet’s so-called ‘smart’ features simply not working.

    The company still trades but I’ve yet to find any evidence that people receive their goods or they’ve improved on the Woolet’s quality. The lack of reviews or unboxings on YouTube is a big red flag in my opinion. For more information and the story of Woolet read our article here. 

    Woolet-Smart-Wallet

    AllTheWallets
    Keymaster
    GB
    eh, I’m personally not a fan of designer wallets. As you briefly touched on, you’re paying for the brand. A classic case of purchasing for the brand over everything else so people can show off their immense wealth. I have nothing against those who buy designer wallets – more power to you – but generally, you can easily find wallets that are just as good for a fraction of the price – including the brands you mentioned. Designer wallets are quality, they have to be, but it’s impossible to achieve a quality that is anywhere near worth the price. If you’re looking for a quality wallet then I’d always go handmade.
    AllTheWallets
    Keymaster
    GB
    We actually have an article that goes into detail regarding the Rolfs/Amity Wallet company. In a nutshell, yes, they’re no longer around. In the late 90s (I think), the company was getting undercut by Chinese wholesalers stealing their designs and producing the same quality wallets at cheaper prices. This was basically the beginning of the end, they went into administration, got bought out a couple of times, but ultimately ended up failing and disappearing from the store’s shelves.

    It’s funny, 20 years later and people still remember the brand and ask about purchasing a wallet from them. It’s clear they had a lasting impact on people of a certain generation and that’s to be expected from a company that dominated the market for over 50 years during the early to mid 20th century.

    Perhaps whoever owns the rights to the Rolfs/Amity trademark will eventually see its value and set up a new company selling wallets under the Rolfs name. Nevertheless, getting your hands on a Rolfs Wallet is now impossible unless you want to find a second-hand one. They still frequently appear on eBay from time to time. I hope this helps!

    AllTheWallets
    Keymaster
    GB
    I see your point.

    But, as long as people do their due diligence, and know what they’re getting involved with, I don’t think we should judge projects before the projects are even live. I think Kickstarter has done a poor job of safeguarding backers over the years and they’re more to blame or the blatant ‘scam’ projects over the years.

    AllTheWallets
    Keymaster
    GB
    Added the Lucca Bozzi Wallet.

    It raised $177,151 in capital through its Kickstarter campaign back in 2017.

    Comments from backers on the project seem to indicate most haven’t received anything and those that have received a shoddy, bulky wallet nothing like what was described. The original Lucca Bozzi website is now defunct (can still be found on the Wayback Machine), and the creators stopped updating their project back in March 2018.

    Another fine example of ‘smart wallet’ scams. FML.

    Lucca Bozzi Wallet

    • This reply was modified 9 months, 4 weeks ago by AllTheWallets. Reason: added image
    AllTheWallets
    Keymaster
    GB
    Honestly,

    No.

    I look for cool projects and report on them, but crowdfunding sites are way too much of a risk for very little reward. I’d prefer to wait to see what succeeds before I invest in any Kickstarter wallet.

    That being said, I suggest you take a look at our Kickstarter round-ups that we release monthly.

    More info here. 

    AllTheWallets
    Keymaster
    GB
    Updated to include a new wallet we’ve just researched – The Walli Wallet.

    Our full article on this potential wallet scam can be found below.

    AllTheWallets
    Keymaster
    GB
    I’m from the UK and we use contactless a lot. In fact only last year the amount that can be paid per contactless transaction was increased from £30.00 to £45.00. That being said, I could find little evidence on whether or not the type of crime you’re describing – contactless skimming – is anywhere near high enough to warrant RFID.

    But the data just isn’t available. I tried searching for articles on the subject and found very little data on the issue. I’d imagine as you said, it could completely depend on your local area.

    The good news is, RFID is quickly becoming standard for most wallets. While a few years ago it was rare and usually cost extra (usually only a few extra dollars honestly) most include it as standard now.

    If I found a wallet I obviously loved and it didn’t have RFID it really wouldn’t influence my decision to purchase the wallet. It’s just a non-issue in my opinion.

     

    • This reply was modified 9 months, 4 weeks ago by AllTheWallets. Reason: *correct spelling
    AllTheWallets
    Keymaster
    GB
    The Results for our February 2021 giveaway are in.

    Congratulations to Zoe who has won the Wingback Cardholder Wallet.

Viewing 9 replies - 1 through 9 (of 9 total)