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ArcaBoard: Is this a real hoverboard?

MWEB:

A few companies have claimed to build a hoverboard. Most notably the semi-conductor powered SLIDE, built by Lexus, which only works on a magnetic track. There are the Self-balancing two-wheeled boards, which somehow have claimed the name hoverboard, even though they do not actually hover. Technically, they’re more like miniature Segways.

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