Two weeks ago we reported on the slow progress of Coship’s Moly X1 Indiegogo campaign, which only attracted 11 buyers of the actual handset in two weeks. Now another 2 weeks later and at the close of the fundraiser the company has not sold a single further handset, and has closed the fundraiser having only raised $2,569 USD from 30 backers, most of whom purchased the $4 Big Thanks with a WP booklet and $5 50% off Moly X1 phone case.

Windows Phone ODM Coship, who produces white label Windows Phones for a number of companies, has been getting increasingly concerned about the health of the Windows Mobile ecosystem, and therefore decided rather than investing in a distribution network in Europe to first test the waters with an Indiegogo campaign, writing:

Molypcphone We are going to launch it at the cloudfunding Indiegogo.com in Oct. Thank you for your attention.

The absolute failure of the venture is likely to have wider repercussions beyond only Coship to include other OEMs considering producing windows Phones, such as the much hyped WhartonBrooks Windows Phone, which is believed to be a Coship customer also.

Of course the Coship Moly X is a decidedly mid-range to low-end device, sporting a 5.5 inch 720P screen, Snapdragon 410 processor and 2 GB of RAM (we have reviewed it here already). It is however the second failure of a crowd-funded Windows Phone, with the much more interesting Nuans Neo handset attracting less than 500 buyers on Kickstarter.

Is this the end of consumer Windows Phones? Let us know below.