What's a big tech release like Google Glass without a little competition? Tokyo-based entrepreneur Takahito Iguchi, pictured above, has created a wearable computing device called Telepathy One and — with a built-in camera, a micro-projection screen and a sleek, wraparound design — the gadget looks to be a cheaper alternative to Google 's upcoming launch. Iguchi and his team demonstrated two prototypes of the device at a press conference in New York. Similar to Google Glass, the headset's "screen" aligns with the wearer's right eye. The ear buds, as you can see below, provide audio and hold the device onto your head. It's surprisingly lightweight, but I had some trouble adjusting the headset well enough to see its display — after fidgeting for a minute, I had to hold it in place. The headset's main purpose, Iguchi said, is to easily share videos and intimate moments in real time, all the while wearing a "cool, stylish" device.