This is Microsoft's canceled Xbox fitness wearable, codenamed 'Joule,' which was (oddly) going to target gamers with Kinect.
The Microsoft Band may be dead, but it appears Windows 10 on wearables certainly is not.
Microsoft is developing a Windows Phone 8.1 game called FYCPT, which requires the use of the Microsoft Band fitness wearable to control its character, a paint drop.
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