The worst thing about the Internet of Things is all the runaway things: They're difficult to find once your collection exceeds, say, 20 or 30 things. So now there's this new object-tracking gadget called Pixie that helps you catalog all your wayward stuff, and then hunt it down with pinpoint accuracy.

Each "Pixie Point" is shaped like a guitar pick. You attach them to your most essential things to create a "Location of Things" network. That's right: This is a "LoT" product because if you had to add another "IoT" gadget to your life, you might scratch out your own eyes with a guitar pick. Just never use a Pixie Point for messy business, because these key-fobby, taggy doohickeys would seem to offer real utility once you investigate their various talents. 

A package of four Pixie Points currently sells online for $40 and should ship sometime this summer. You attach the tags to anything you want to track--your wallet, your car keys, Mr. Fluffypaws--and each item immediately joins a closed, private network based on the Bluetooth Low Energy protocol. When one of your items goes missing, you can fire up your Android or iOS app to locate the errant Pixie Point with up to 1 foot accuracy. 

I saw the platform in action, and, yeah, it works. But here's the really cool thing: The Pixie app has an augmented reality view that let's you hunt down your missing things with a big, bold X marking the spot. Each Pixie Point has a maximum range of 150 feet, and the manufacturer says indoor range is typically 30 to 50 feet. The Pixie Points triangulate with each other in a closed network to establish location, so accuracy improves as you add more Points to the network.

OK, so far it all sounds rather one-dimensional, right? Well, there are a few other use cases that make Pixie more intriguing. First, you can use Pixie to geo-fence cherished items. Attach it to your favorite hat, and you'll get an alert when you've left that hat on a restaurant table, and you're 150 feet out the door.

You can also use Pixie to create virtual kits. For instance: Attach Pixie Points to your handbag, wallet, keys, phone and charger. That's a kit. The items know they're close to each other, and an app screen will tell you if they're all present and accounted for in your bag before you whoosh out the door.