I would pay so much for a hackable watch like this with a 3 or 4 color epaper display, I'd almost pay as much as an apple watch if it was high quality hardware and had a great open API and toolchain.
Go on ebay and purchase a Pebble Time. Color epaper display, fully hackable even after being discontinued thanks to the dev community who continues to update it with "Rebble" the open source version of the OS it ran on.