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I came across this one today and am interested, wondering if it's just hype, or if it really can work.
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The answer would be both Yes and No.
No, it is not a magic pill that will solve all your problem.
Yes, it has a physical effect on your brain that is advantagous in some situations.
Transparent Corporation is a website that sells brainwave entertainement not as a magic pill but provides the science around it and has a great forum.