It's called Cicret and what it does is project smartphone capabilities directly onto your arm, giving you full control over, well, everything you use your smartphone for. Best part? Unlike Apple's silly iWatches and Samsung's even sillier Gear Watch thingys, you don't need your smartphone to use your Cicret. Everything is built right into the bracelet. Somehow.
Now, before you go nuts and scour the net to buy shitloads of these things as stocking stuffers, know that it's still in its prototype phase. So any site promising you a Cicret is basically scamming you (there have been tons of reports apparently), but holy shit is it going to be awesome when it finally does come out. Head to cicret.com to stay up-to-date with its progress.