When comparing Luna vs Nico360, the Slant community recommends Nico360 for most people. In the question“What are the best 360-degree cameras?” Nico360 is ranked 17th while Luna is ranked 19th. The most important reason people chose Nico360 is:
It's completely waterproof in its own (doesn't require a waterproof casing).
Specs
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Pros
Pro Water-resistant and dust-proof
The Luna 360 is waterproof up to 1 meter. It is also completely dust-proof as it is IP67/68 protected.
Pro Videos and photos capture lots of detail
Luna has two 4K sensors, each with 190° lenses. When their images are combined, it allows for the device to take 2k photos and 1080p videos.
Pro Vibration reduction for steady shots
The gyro stabilization that is built into the camera allows for users to get steady shots, regardless of any vibration sent through the phone.
Pro Auto-stitching from two 190° lenses.
There is no need for computing power to make 360° images or videos as the internal software stitches the two images together to reproduce a 360° video or image.
Pro Small and portable
Luna is 6 cm in diameter, making it a small device that can easily be stored or pocketed. This implies that the user can carry the device around with them hassle-free.
Pro Supports streaming over 802.11n WiFi
Users can stream the video they are recording over WiFi. This enables one to easily view recordings live.
Pro Supports Flat, Sphere, VR, and Planet viewing modes
Through the use of the free app, users can change their camera viewing modes. This makes for a more versatile experience, depending on what the user wishes to record and how they want to achieve it.
Pro Magnet connector is extremely useful
The magnet connector allows users to stick their camera to a wide variety of metal surfaces, which is not only convenient but allows for a very versatile mounting experience.
Pro Waterproof
It's completely waterproof in its own (doesn't require a waterproof casing).
Pro Amazing camera for travelers and outdoor enthusiasts
Thanks to it's tiny size, it adds very little bulk and weight to your pack or luggage. The camera weighs only 96 grams.
Pro 1/4" mount
Pro Stereo mic
Pro Stabilization
Pro Bluetooth 4.0
Pro Live streaming
Pro Build-in stitching
Pro VR enabled
Pro WiFi 5GHz for fast streaming
Pro Videos stream at 2160p
Videos on-chip save at 4K.
Pro Up to 25 MP photos
Duo 16MP sensors.
Cons
Con Not yet released
It appears that the item is still a pre-order and that shipments will not go out until October 2016. This is worrisome as other cameras in the past have failed to deliver, which means it may be best to wait until an official release.
Con Not yet available
It's not currently available for immediate purchase, but can be pre-ordered with an estimated shipping date of December 2016.