MonkeyLectric have developed a new bike wheel display system for cyclists to show stabilized images and videos on spinning wheels. The system is using the 256 ultra-bright LED’s to display full color moving images. The thing works when bike speeds between 12 to 40 km/h and it is suitable for all weather conditions. The system comes with a starting price of around $2000 per video system and $60 for basic lights system. Video after the jump.