Hoverboards used to be a real thing, but then China got their hands on it and it collapsed the entire industry.

These toys became super popular when celebrities started using them and everyone wanted 1.

With extremely high demand for the product, companies started cutting corners and making them cheaper and cheaper.

A $1000 toy could now be bought for $20 and that's where things started to go wrong.

Tens of thousands of people were hospitalized by hoverboards catching on fire, breaking, or simply running out of battery at high speeds.

And after being banned in most public places, the liability was too high and companies just stopped making them.


Speaker 0: Hoverboards used to be a real thing, but then China got their hands on it and it collapsed the entire industry. These toys became super popular when celebrities started using them and everyone wanted 1. But here's where it took a dark turn. With extremely high demand for the product, companies started cutting corners and making them cheaper and cheaper. A $1000 toy could now be bought for $20 and that's where things started to go wrong.

Tens of thousands of people were hospitalized by hoverboards catching on fire, breaking, or simply running out of battery at high speeds. And after being banned in most public places, the liability was too high and companies just stopped making them.

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The Futuristic Invention That Got Canceled