Venturecrowd: a new age of crowd funding?
Last week saw the launch of a new breed of crowd funding beast with VentureCrowd officially opening its online doors to wholesale investors and budding entrepreneurs of new startup companies. The brainchild of capital management firm Artesian Venture Partners, VentureCrowd’s platform allows wholesale investors to snap up equity based positions in high growth-potential startups.
While previously established crowd funding websites like Pozible and Kickstarter allowed people to support causes by donation, or gain access to new products or services at a discounted price, VentureCrowd offers investors the opportunity to purchase a stake in a new startup.
VentureCrowd Managing Partner Jerry Colless explained to Techly that they’ve partnered with “20 plus” accelerators, incubators, university programs and angel groups.
Post launch, the VentureCrowd website had already attained more than 200 registered investors and 36 reputable startups. Protecting both parties Now you might be thinking that having a mere 36 featured startups is nothing to rave on about. Remember that these potential investments are only available for wholesale investors: groups with plenty of cash to splash, stacks of net worth and certification by an accountant. For now, retail investors – us normal folk – aren’t invited to the party. With the potential for large sums of money being injected into these great new ideas, investors and startups are screened, poked and prodded until VentureCrowd are satisfied of their high worth to the platform.
While – and I say this delicately – registering a startup with the likes of Kickstarter is a relatively painless process, attracting limited screening for potential, VentureCrowd aims to provide investors a selection of only the most promising options.
“They [the partners] already have very established programs for both selecting and then mentoring and helping grow these companies.” Experience in these groups is key according to Colless. “The processes for each of those accelerators and incubators are different but they’ve been established for some time and we certainly think that prescreening gives the investor the benefit of weeding out a lot of the companies that are not yet suitable for funding,” he said. While it’s early days, VentureCrowd expects around 3,000 budding entrepreneurs to apply for a featured spot on the site throughout 2014. From that number they estimate that only about 300 will be approved. Reputable investors Thorough screening of investors is also important. With the potential for thousands of dollars to be injected at one time, startups
need reassurance and credibility.
High hopes for early birds
“Each of the investors has to qualify as a wholesale investor,” Colless said. “There is a responsibility for us to ensure that they are who they say they are, so we do background checks and identity checks on the investors. That’s an important part of the process.
Whispa Music is one of VentureCrowd’s promising first 36 startups. Created by musicians for musicians, Whispa aims to bring bands, solo artists, record labels and producers together under one roof. Operating in a closed network, these groups will then be able to share, collaborate and communicate with one another, all through a single platform.
“We have to take responsibility both on the startup side and the investor side.”
Whispa Founder and CEO Tim Hodgkinson is eager to ride this new wave of crowd funding possibilities.
This results in startups being backed solely buy accredited investors – providing confidence and security in all the cash being injected into their new product or service.
“It’s a good thing for all people involved. We’re extremely proud to be an Australian startup and we’re looking to embrace all things that move the startup industry forward. I think that VentureCrowd does that beautifully,” he stated.
Changes to legislation For us average Joes who don’t tick the wholesale investor boxes, don’t fret. The Australian Government is currently considering suggested amendments concerning the issue of equity based crowd funding. In October 2013 the federal government issued a discussion paper titled ‘Crowd Sourced Equity Funding’ which strongly considers legislative amendments in Australia. If this paper was to be passed in Parliament, it would open up online equity crowd funding to a much larger proportion of Australian – you and I. Lower initial investments VentureCrowd has set a minimum investment figure at $1,000. This is pennies when compared to other high-potential investment platforms. “At the moment there’s barriers of entry to investment startup,” Colless explains. “You’ve got to have a lot of time and money to become an angel investor and [you] do direct due diligence yourself or you invest through a traditional venture capital fund where you probably have to have $250,000 plus as a minimum commitment.” Before you go raiding your piggy banks, be aware that simply injecting a grand into a single startup might not be the best move – and is unlikely to generate much in the way of dividends. While this low minimal investment price is tempting, Colless suggests that wholesale investors use this as an incentive to build a larger and more diversified portfolio. “We expect investors to have 10, 20 or more investments and their commitment to the space to be $10,000 or $20,000 as opposed to $1,000,” he said. This is by no means chump-change, but for those just starting to dip their toes into the wholesale investment game, it provides a far less risky affair for investment.
While the Whispa guys achieved relative success slugging it out with one-to-one pitches and gaining investors the old fashion way, they’re confident that this new online equity based approach will prove beneficial. “We can showcase our startup and effectively have investors come to us rather than in a traditional sense where we were knocking on doors … It’s a matter of validating and filtering and finding that fit between investor and startup,” Hodgkinson said. Is it all sunshine and roses? Although these startups have been ruthlessly screened and classed as having ‘high-potential’, we can’t forgot that they’re a new business – in reality, they’re ‘high-risk’ with a hefty price tag. Short-life cycles, and being beaten to the punch by Apple/Google/ Facebook et al. are all risks that entrepreneurs and investors face. As Colless commented last month, “more than 50 per cent of startups fail and the risk distribution of the asset class is asymmetrically skewed, with 90 per cent of returns coming from the top 10 per cent of startups.” Seasoned investors may know the game better, but the tempting entry point of $1,000 for an investment could clean out newcomers in next to no time – a few bad decisions and it’s bye-bye savings and back to your desk job before you even get out of the gate. For those startups and investors who are do succeed, their woes may simply be delayed. Owning equity in a successful business sounds ideal. What happens when the entrepreneur wants to sell his game changing company to one of the bigger boys in the market? You, as an investor, have taken a lot of risk pumping your hardearned money into this venture – depending on your level of investment, one man’s (the startup’s) notion of a life-changing sale may well not be in another man’s (the investor’s) best interest. It’s doubtful that you’ll be investing in the next WhatsApp-sized opportunity, I’m afraid.
However, let’s not taint the equity based crowd funding trail before it’s it’s been fully explored.
Thanks to the laser, called TruNarc, these nifty little gadgets don’t need actual contact with a substance to verify its legality, or lack of.
All the components are there for a potential successful ride. There will be casualties along the way, that’s guaranteed. But for those who succeed, it could be an exhilarating – and highly profitable – journey.
The handheld device is placed on the bag or container holding a substance, which is then scanned and analysed. Attributes of the contents are then checked against an onboard library of illicit substances and cutting agents.
If there’s a match, the properties are displayed on a small screen fitted to the front of the device. If you’ve been a naughty boy or girl, you earn a certificate on the spot which is then used in court against you.
New Australian police technology: the good, the bad and the privacy invasion
The good: 3D crime scene scanners Queensland police are in early-stage testing of mapping crime scenes using a 3D scanner. Developed by the CSIRO, the device – named Zebedee – set them back a cool $37,000. They only bought one. Zebedee uses a LiDAR (an acronym of Light Detection And Ranging) scanner, which measures distance by illuminating an object with a laser and then analysing the reflected light. This scanner sits on a spring-mount which bobbles around as the user – or police officer in this case – walks through a location.
It’s only March, but 2014 is shaping up to be the year of the technically advanced police force in Australia. Officers are finally utilising iPads and using smartphones for more than just playing Smash Cops Heat. And maybe it’s about time. Today’s criminals can be a clever bunch. Relying on brute force and pure intimidation died in the 90s. This new wave of outlaws are more conniving, clever and technologically-minded than ever before. Look at this week’s alleged drone drug drop-off at a Melbourne jail. It clearly wasn’t the most ingenious or well-planned job – seeing as the guy got caught – but it does show an obvious interest in using technology for illegal operations. Slow integration of new gadgets being used by police undoubtedly has much to do with untold layers of bureaucratic and legal red tape; the police have been policing themselves out of new tech opportunities. Recently, however, the Australian Federal Police (AFP) have been showing some self-leniency towards the introduction of new gadgets aimed at combating crime. While this is bad news for the bad boys, it may not always be in the best interests for us innocent lot either. Let’s look at why. The good: Laser drug detection Newcastle police were the first to trial – and are now actively using – mobile laser drug detection technology.
This results in a complete scan of an area, including hard-to-reach areas, such as cliff edges, deep gullies, dense bushland and other spots us ordinary humans would find tricky to navigate. Collected data can then be used to create a 3D map. The price tag of the Zebedee seems a bit steep. However, this wonderful landscape of ours does have a tendency of making people disappear, especially when trekking through bushland. The bad: Police drones It seems obvious to combat criminal drone use with police drone use. Unsurprisingly, the AFP are restricted from flying unmanned aerial vehicles (UAVs) willy-nilly around public spaces due to stringent privacy laws – thank god. However, drones – or UAVs – were used by the AFP last year to search for the body of 1970s anti-drugs campaigner Donald Mackay in rural NSW. This was the first time the AFP publicly acknowledged their use of drones. Currently, police can only use UAVs to capture images within crime scenes where a warrant has been acquired. There’s now a push for the AFP to obtain warrants which would allow UAVs to be used in covert surveillance – whether this change to the law will be passed or not, we don’t yet know. This would be a game changer not only in the policing world but also to our own ‘normal’ existence; imagine something like Almost Human – for those who’ve seen it – without the drastically unbelievable vehicles, buildings and android police partners.
It’s bad enough that our every step is captured on CCTV in most Australian cities, but having drones zipping overhead would smash any privacy you have out of the window, potentially even when you’re nowhere near a central business district. The privacy invasion: Mobile finger printing Introduced in South Australia earlier this year, police can now scan potential criminals’ fingerprints at a scene. A digital print is collected using a small scanning device, which is marginally larger than a credit card. An android app installed on the cop’s smartphone then cross-references the scan against the national police database, Crimtrac. If a match is found, infotrmation such as criminal record, bail conditions and outstanding warrants are then supplied to the officer’s phone. This data also supplies additional warnings such as potential for violent behaviour, likelihood of possessing narcotics and so forth. These mobile scanners are currently only deployed in South Australia but there’s a strong likelihood we’ll soon see them in other states.
Furthermore, due to alcohol-fuelled violence in Sydney, police will soon be issuing a tender for ID scanning systems to be installed in pubs and clubs located in hot-spot areas prone to boozy incidents. While this will hopefully curb needless violence and underage drinking, it is in reality another Big Brother-like tool that will record personal details of both those in the right as well as the wrong. For now, we’d suggest you enjoy your relative level of privacy while you can – you may not have it too much longer. ##
3D printing needs you, but geeks only need apply for now
While this is great for the boys in blue, what about our civil rights? If you haven’t committed an offence then why on earth would you want your fingerprints scanned and stored on the police database? Thankfully, people must volunteer to be scanned at the scene. Legally, the police can’t force suspects to supply this information until they’ve been charged – for now, that is. SA Minister for Police John Rau wants to change this. He recently stated, “we [the government] will be introducing laws to expand the powers of police to more effectively use these scanners to fight crime.” What he’s really saying is the government will tweak the law to enable unrestricted collection of innocent individuals’ fingerprints. Nice one, John. If this law is passed – which is a huge breach of our privacy – we could all find ourselves on a database alongside convicted criminals. Wouldn’t that be grand. If you’re stopped by the ‘flashing lights’ and are confident you’ve been good as gold, don’t place your fingers on this fancy new piece of police tech – no matter how intrigued you are by it. What can we expect next? It’s only a matter of time before the AFP deploy the use of Google Glass among their officers. It’s already occurring in the US, with some success. Being uncharted territory, who can say whether this system will prove beneficial in Australia. One thing’s for sure, it’s yet another device that will capture the general public’s movement in the crossfire of fighting crime.
If you can imagine it, you can build it. That was the idealistic image planted in many of our minds when realistic talk of home 3D printers began circulating only a few short years ago. Just imagine the possibilities. Broke a mug? Print a new one. Need a hard-to-find part for your bike? Print it off in next to no time. With a list of almost endless printing possibilities, 3D printers were set to mark a new cornerstone that would merge the technical and creative worlds. Australia’s first widely available 3D printer As many of you would have heard, Australia entered this brave new world last week when Officeworks made 3D printers available for purchase within its nationwide stores. Named the 3D Systems Cube 3D Printer, it’s the first of its kind aimed for use by the Australian general public within their own households. Available in a range of colours (white, silver magenta and blue), measuring a modest 10 x 10 x 13 inches and weighing just 4.3
kilograms it certainly fits the convenient design mould for many homes.
Adobe has also recently added direct support for 3D printing to Photoshop.
What’s more, it comes with a not-too-over-the-top price tag of $1,499 – however, printer cartridges aren’t cheap at $60 each. But when you look at 2D cartridge prices, that’s not too bad.
However, this is targeted at being more of finishing tool for existing 3D creations.
Cartridges are also available in two forms. Firstly, there’s Acrylonitrile Butadiene Styrene (ABS) which is recyclable and said to be the second easiest 3D printing material to work with. Secondly, you have the Polylactic Acid (PLA) plastic option which is compostable and the easiest material to work with and less prone to printing faults. Both ABS and PLA cartridges are priced at the standard $60 each. What 3D wonders can we potentially print? There’s a maximum print size of 140 x 140 x 140mm. Included with the purchase of the printer are 25 free designs ready to go once the printer is set up. These mainly consist of miniature models such as owls, hands, rockets and some containers for things like pens and nik-naks.
As with most Adobe products, this will be aimed primarily at more advanced users, leaving little room for error – just a small mistake could result in your prized model looking more like pile of spaghetti rather than a Michelangelo masterpiece. Also, as you’d expect, there’s a growing array of third party websites who’ve hopped on the 3D printer band wagon. Sites such as Thingiverse have already started building communities of designers willing to share their creations for members to download. What should we realistically expect from this printer? Get used to failure. Websites offering 3D designs (like Thingiverse) and even the official Cubify site are riddled with warnings stating that downloads may not always work. So, expect some of your more creative (and even simpler) prints to result in a mangled mess that will be swiftly introduced to the bin. Be prepared to part with plenty of cash after the initial purchase. Alongside failed prints, even successful ones will cost you at least $60 until cartridge prices come down a notch – and that might be a while. Patience is key. Even standard designs like iPhone cases can take up to two hours to produce. And when we say produce, we mean printing time alone, not the added time spent on uploading or tweaking designs via your selected software.
There’s also a Cubify online store where you can purchase model downloads, with category names such as fashion, decor, kids, entertainment and man cave – each category has rather vast array of interesting designs that will suit most styles and tastes. For those willing to do some at home tutorials there’s also Cubify Invent, which claims to be easy-to-learn and extremely user-friendly. Here you’ll find how-to guides on designing neat little models such as cups, cookie cutters and die amongst other things. This all comes with a price tag of $49. For more tech-savvy users there’s other official software such as Cubify Design for advanced modelling (priced at $199), Cubify Sculpt for those preferring a virtual clay modelling approach (priced at $129) and Cubify Capture for photographers (which is free) who feel more at home taking a large number of photos which can be uploaded to transform into a 3D model – be warned, this one sounds like it has plenty of potential for error.
Accept simplicity. While you may have big dreams of creating fascinating 3D prints and outlandish products, you need to be realistic. To begin with your best bet is sticking to the more basic designs on offer and slowly building up your knowledge and skills within the available software packages. All that being said, if you have the patience of a Buddhist monk and unfathomably deep pockets to cover printing costs, then well, we suggest you go nuts and see how far you can push the 3D printing boundaries. For now 3D printing will best suit hobbyists and geeks alike. If you’re happy creating quirky little models and simple objects like cups and pen holders, you’ll be endlessly entertained. On the other hand, those willing to learn new design skills and master the software may be pleasantly surprised with what you are able to create. ##
Small Aussie startup Influx lands big investment for better customer service
Melbourne based customer service solutions company Influx has snagged a $250,000 investment, which will allow it to go global with its operations.
Currently, there are five pricing plans to support a startup’s customers; a basic model costing $199 per month and ranging up to a top model at a monthly fee of $999.
Founded in 2013, Influx connects online business with technically minded customer service experts in order to speed up business growth. It’s a simple yet smart concept – you pass over the customer service nitty-gritty to Influx, allowing you to focus on other aspects of your business.
Customer service is conducted through an email system, where a company’s customers are contacted and queries are answered. The average time spent on emails and maximum number of monthly emails sent is inline with the plan your business pays for.
The $250k funds injection is courtesy of Mark Harbottle and Leni Mayo (99designs, SitePoint) – a quick Google search will also bring your attention to their more extensive resumes, which are impressive to say the least. This is nothing new, is it? At first glance, no. There’s plenty of customer service platforms out there willing to help your business grow. However, usually these outsourced services work on extremely high volumes – in other words, your company needs to be extremely well-established. Influx, on the other hand, is startup friendly. Being a startup company themselves, they’ve fought through the difficult early phase of creating and becoming a business. It was only last year they became the world’s first customer service solution tailored towards startups and new and emerging small companies. During that time they focused on Australian business. And with this specific platform comes an affordable range of plans on a flat monthly rate.
Where did the idea come from? As with most good ideas, it grew from a different source. Influx Founder and CEO Mikey De Wildt found a need for the platform while working on a Wordress plugin named Wordress Backup to Dropbox. “[The plugin] got super popular over a short period of time. Back then it was only a side-project,” De Wildt told Techly. “A lot of startups start from side-projects where you can come home from work and in a couple hours you knock something up. “It got to the point where it was becoming a second part-time, or a second full-time job. I’d get home from work and layout some designs then I’d answer emails, try and fix the issues that were raised in the emails or add the features that were being requested,” he said. While De Wildt admits his plugin “never got to that stage” of allowing him to quit his full-time job, answering customer queries was becoming increasingly time consuming.
Get a freelancer to do it
products and ideas off the ground then everyone benefits.”
Eager to find a part-time customer service employee, De Wildt tried out the oDesk and freelancer waters.
While he also mentioned, “hopefully I can stay one or two paces in front of them but time will tell.”
“I needed someone who was quite technical and also friendly, with good customer service. I ended up hiring someone out of the United States – a young computer science student that had the right mixture.”
And Influx are open about revealing their potential future goodies.
After only a few months his new staff member decided the job wasn’t for him and left the role. This is where a stark issue with using freelance platforms became apparent. “The disadvantage with using a contractor or a freelancer is that they’re just like ‘bop’, you’re not protected by the good old four week’s notice. They just usually hangup and then they’re no longer working for you,” De Wildt told us. “It’s just three second’s notice and then you’re back to square one.”
“The next step is to add on chat functionality, the ability to hire someone on your site to be able to chat to your customers whenever they are there is an exciting opportunity,” he confirmed. De Wildt also said “as we scale up, the ability to have a crack at the ancient telephone industry that’s been around for a sometime … I’d definitely like to look at different ways of bringing the prices down and bring the technology up in that area, but that’s a very long way down the track. It’s all exciting news for startups operating within and outside of Australia. The $250,000 investment is planned to be spent primarily on expanding Influx’s number of customer service employees.
It was this abrupt loss of his employee that spurred on the creation of Influx.
Noticing a gap in the market, a customer service platform aimed at startups was born – with internal employees this time.
Why the Xbox One’s multimedia functionality will disappoint us Aussies
What are Influx doing differently? Aside from being tailored to startups, there are a number of aspects. Firstly, the platform is aimed at scaleability. Say your product or service is heavily seasonable, you’re free to up your monthly service to a higher plan during these peak times. Then when you’re going through quieter months, you have the freedom of dropping down to a lower monthly option. Influx’s customer service staff must be both technically talented and highly approachable. Seeing as many queries are regarding tech issues, the employees must be ‘in the know’ when it comes website mishaps or errors, as well as being understanding and friendly. The service includes weekly reports. This includes customer feedback regarding bugs or feature suggestions to help build business intelligence. Lastly, all of the team must speak English as their first language. While some may view this as rather discriminatory, it’s to cut down on poor grammar and language nuances in enquiries. Looking to the future As with any new idea, expect others to follow suit. While this may steal some of Influx’s limelight – and revenue – it’s good for anyone keen to try out such a platform. When asked about new competition, De Wildt stated, “in the end that’s better for everyone. If there’s more access to these sorts of services and tools that are available for people to get their new
As an Xbox 360 owner, I was over the moon to hear about Microsoft’s eagerness – yet, potential over confidence – in promoting its revolutionary multimedia capabilities for the new Xbox One. Having the ability to split the screen and be able to play a game, surf the net and utilise the One’s entertainment apps to watch TV and movies simultaneously got me weak at the knees. It’s a simple concept but one I truly believed would be the not-sosecret weapon in blowing the PlayStation 4 out of the water. (Don’t click away, this is not another console comparison!) Microsoft will save us all Couples around the world would finally be able to share the largest TV in the house without fear of the ever-looming squabbles over
the remote or Xbox controller.
Will the Australian apps mean we no longer need pay TV?
No more “You’ve been on there an hour, I’m changing over to My Kitchen Rules”, “You’re on that bloody Xbox far too much” or “If you agree to use that thing on the old TV and you can finally build that stupid man cave”. (Although, the last option will always be tempting.)
Apps currently available on Xbox One in Australia are ABC iView, CNET, Crackle, Crunchyroll, Dailymotion, Deezer, Xpreshon, GameSpot TV, GameTrailers, IGN, Karaoke, Machinma, Maxim, MLB.TV, MUZU.TV, NBA Game Time, Network Ten, NFL Fantasy Football, NHL Game Center, NineMSN, Quickflix, SBS on Demand, Sports Picks, Twitch, VEVO, WSJ Live and YouTube.
Microsoft had done it. Thousands of relationships would be saved. Couples and housemates alike would have a multipurpose device that could be enjoyed by everyone at the same time. It was a winwin for us all. Before I cancelled my Foxtel account and gave away the Apple TV, I thought it best to dig into the facts and check out the entertainment app availability I was naively confident would solve our first world problems. Standard apps Firstly, all users around the world now have access to the basic Microsoft ecosystem apps, consisting of Internet Explorer, SkyDrive, Skype, Upload, Xbox Fitness, Xbox Video and Xbox Music. While the standard entertainment options are nothing too awe-inspiring, it was to be expected – no signing up to monthly or annual direct debits, no payment for usage – no worries. They’re simplistic and will provide new Xbox users with an opportunity to test out the bare bone capabilities of their new machine that promised so much. So what about the new array of apps we’d all be spoilt rotten with? I was itching to find out. American apps could replace pay TV The list of entertainment offerings currently available for our US counterparts is mighty impressive. America already has access to A&E, Amazon Instant Video, Animal Planet L!VE, AOL On, CinemaNow, CNET, Comedy Central Stand-Up, Crackle, Crunchyroll, Dailymotion, EPIX, ESPN, FOX NEWS, FOX NOW, Fright Pix, GameSpot TV, GameTrailers, HBO GO, HISTORY, Hulu Plus, IGN, iHeartRadio, IndieFlix, Last.fm, Lifetime, Machinima, Manga Entertainment, Maxim, MLB.TV, MTV, MUZU.TV, NBA Game Time, NBC News, Neon Alley, Netflix, NHL GameCenter, For all things Nickelodeon, Paramount, PBS, Popcornflix, Redbox Instant, Revision3, Rhapsody, Slacker, Snag Films, STARZ® Play, Syfy, Target Ticket, TMZ, TODAY, Twitch, UFC, Univision on Xbox Live, Verizon FiOS TV, VEVO, VUDU, WWE, WSJ Live, XFINITY On Demand and YouTube. That’s no less than 60 apps currently available to US owners. And the collection of TV channels to watch – dare I say it – is more than most regular Australian households have available on their Freeview or Foxtel subscriptions (channels worth watching, that is). Surely the Australian options were going to be at least comparable?
That’s 27 in total. Or 28 if you include the FOXTEL Play app, which obviously requires a Foxtel subscription, providing access to the channels you are subscribed to and already pay for. At first glance, this list seems alright. Less than half the US’s options so not great, but not bad. Now look again. Five of these are targeted solely at game reviews, previews and trailers. Four are focused on typical American-based sports. Three are purely dedicated to music. Many of the others provide short videos, news or pay-per-view movies. This leaves just two apps you can use to view Australian television (three if you own a Foxtel account). Ditching that Foxtel subscription suddenly became less of an option, especially if you have a partner who wants their daily fix of a wide range of television stations. The One’s entertainment value was becoming more obsolete, unless you’re happy to pay and download or rent your movies on a regular basis. Why the lack of Australian television apps? To put it simply, the Xbox One doesn’t have access to the Australian Electronic Program Guide (EPG). What’s even more of a kick in the teeth, there’s a strong likelihood it never will, as EPG is a copyright product of FreeTV. Microsoft’s going to need to do some serious wining and dining, grovelling and general butt-kissing to have much chance of acquiring the rights – and even that’s stretching what is actually possible. For now, if you want to enjoy a simultaneous gaming and television environment in your home, I’d suggest holding on to that Foxtel subscription for a little longer. Unless, of course, you’re happy making the most out of the other video and entertainment apps which, in fairness, aren’t bad at all and will inevitably grow in number and versatility. And for those of you determined to stay out of longterm subscriptions like Foxtel, be sure to keep an eye out for the Foxtel Go app for the One. With the ability to chop and change channel packages monthly and be provided the freedom of cancelling whenever you want, it would be a great addition to the One’s entertainment options. The downside? Currently there’s no release date for the Foxtel Go app on Xbox One. Until then, either deal with the entertainment apps on offer, or start planning out your new man cave.