What are some alternatives?
When comparing Dot Watch and Lily, you can also consider the following products
Moto 360 - The round smart watch is finally here.
GoPro Karma - If a GoPro is your primary mode of filming, you should definitely be interested in the GoPro Karma.
Fitbit Versa Lite - Fitbit's new smart watch starting at $160
Crossfader - DJ together, live and remix everything
Blocks - Empowering designers to build great websites without writing a line of code. For web and OS X.
FL Studio Mobile - Create & save multi-track music projects on a smartphone