https://www.kickstarter.com/projects/1106196796/the-gopano-micro-a-lens-for-capturing-360-video-on/widget/video.html

There are quite a few panoramic apps for the iPhone but they all require a steady hand, lots of patience and, most important, you can only take still photos. The GoPano aims to solve that by adding a panoramic mirror to the iPhone’s video camera, thereby allowing you to take panoramic video in real time.
The GoPano simply snaps onto your iPhone and the included app does the rest. As you record, you can turn the panorama by swiping the screen to shoot what you want as it happens.

The lad who made it, Michael Rondinelli, filmed much of the footage on the green fields of Carnegie Mellon University, my alma mater, so I have a special place in my heart for this charming young nerd and his panoramic lens – for I was once like him. He needs $20,000 to Kickstart it and for a $50 pledge you get one of your very own. It’s a clever idea for artistic types and folks who, like me, may want to shoot panoramic before and after shots of their Dexter-esque “fun” rooms.

Project Page