If you want to be able to capture 360-degree panoramas using your iPhone, Kogeto is planning to get you a device that can do just that. Trouble is, they need your Kiskstarter pledge before they launch into the manufacture of Dot at $99 a piece.
Snap Dot onto your iPhone 4 and in an instant you can capture fully immersive 360-degree videos and share them with anyone.
Read more and pledge at: Kickstarter.
source crunchgear
This does look familiar and Sony came out with this idea already for its Sony Bloggie Touch (Bundle with 360 Degree Lens) [QuickPrice Check]High Definition Camcorders) camera.