10/24/2012 09:15 am ET Updated Oct 24, 2012

Memoto 'Lifelogging Camera' Outsources Your Memory So You Never Forget (VIDEO)

We have gadgets to log every step we take, every calorie we ingest and now, every memory we make.

The Memoto "lifelogging camera," a camera about the size of a postage stamp meant to be clipped to wearers' clothing or worn like jewlery, will automatically snap a photo every 30 seconds to ensure we never forget an experience, whether memorable or mundane.

"Imagine if you could capture and re-live every memorable moment of your life," said Memoto CEO Martin Källström in a press release. "The Memoto device records your life as it unfolds, capturing spontaneous moments that you never could have caught with a traditional camera."

With each snapshot, the 1.4-inch square camera captures not only a 5 megapixel image, but with it the time it was taken and where.

The 1,440 pictures Memoto would take during a 12 hour day will be streamed to a companion website run by the camera maker, where Memoto boasts it has an algorithm that will use the picture, GPS data and timestamp to intelligently sort photos into albums on a timeline.

While technology like Google Now has enabled us to outsource our brains to artificially intelligent tools that can tell us where to go next, when to go to the gym or when to leave for the airport, Memoto stands to offer a way to outsource our memory, one much more comprehensive than even Google Glass, which in requiring the photographer to click to snap a photo, looks practically old fashioned by comparison with Memoto. Memoto's makers boast their tool "gives you a searchable and shareable photographic memory," and note the camera will capture 4 GB of data per day, or 1.5 terabytes of data per year

Of course, the ability to accurately "revisit any moment of your past" stands to transform how we recall the past. How will our memories change if they're not only remembered, but documented?

The Swedish company launched a Kickstarter campaign to raise $75,000 to refine its existing prototype and put the camera into production. Supporters blew past that goal in just a few hours and Memoto upped its ask to $150,000. At the time of this post, some 24 hours after the launch of the campaign, 1,128 supporters have pledged $210,000.

Memoto's manufacturers aim to begin shipping the device in February 2013 and estimate it will cost $279.

Though their prototype currently "does everything the final camera will do, taking photos and registering GPS position," the Memoto team is now "working on the bootloader, power management and the protocol for transferring the photos."

Learn more in the video above, via Memoto. How do you think this camera would change how we interact and remember? Weigh in below.