In a generation where we spend more time taking photos of food than eating it (what filter does my ice cream look best in?), documenting even the most trivial experiences seems to consume us, with outlets such as Facebook, Instagram, Hipstamatic and more.

With the emerging concept of "lifeblogging", wearable cameras, such as Google Glass, are coming to fruition.

Founded by six Swedish entrepreneurs last year, Memoto is the world's smallest wearable camera, measuring at 3.6-centimeter-wide. The tiny camera and GPS gives you pictures of every single moment of your life, automatically taking continuous photos while you're on the go (two geotagged photos a minute). The camera has no buttons and a long battery life, only needing a recharge after roughly 2 days of use, according to the Memoto website.

Memoto, a hybrid of the words "memory" and "auto", uses camera sensors developed by OmniVision, the same vendor that produces the sensors for the iPhone 4 cameras, according to MSN News. The camera takes 2,000 photos per day, on average, then organizes them in a special app using a picture-processing algorithm to distribute the day into chunks based on changes in colors and environments.

37-year-old Martin Källström said pre-order numbers are hovering around 4,000 cameras right now. "I see this as a sort of a pinnacle of using some device to record data with photos. Especially now with so much interest in this concept of 'lifelogging,''' he said, according to MSN News.

Memoto reached its funding goal on November 30th via Kickstarter, with almost 3,000 backers pledging $550,189, greatly exceeding their $50,000 goal.

"I don't want to forget," Källström said. "My kids now are growing very, very quickly. They are seven and nine, and the time I get to spend with them now when they're small, it goes by so quickly, I feel. Soon, they'll be teens or in the 20s and will be moving away from home."

Both of Källström's parents died of cancer when he was in his 20s. When he looks at old family photos, he said, according to MSN News, they tend to capture significant life achievements but not the everyday occurrences he also treasures, like breakfast with the family or a walk in the park.

"The memories of that time are very hard to hold onto, and they disappear over time. That makes me kind of sad," he said. "This, for me, is about collecting memories I don't want to forget."

You can already pre-order a Memoto camera online for $279. The first batches, which are currently being manufactured in Taiwan, are expected to be ready to ship by this summer.