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October 12, 2011 04:38 am GMT

Video: Meet ecoATM, The Reverse Vending Machine That Takes Your Phone & Spits Out Cash

ecoATMI'm down in sunny San Diego for the CTIA wireless conference which, thanks to some last minute announcement cancellations, is about as exciting as listening to Ben Stein narrate grass growing.On the upside, the absence of back-to-back press conferences (or really, any press conferences) has allowed me some time to actually roam the show floor for the first time in a long while. Turns out, there's some pretty cool stuff hiding in there.Take this one, for example: Called the ecoATM, it's essentially a reverse vending machine for phone sales or, put another way, it's the concept of Gazelle (or any other online cell phone/gadget buyback service) made into a kiosk. Insert old phone, get money back.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GMMsDbLolK8/

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