Adafruit Industries Adafruit Industries NeoPixel Ring - 16 x 5050 RGB LED with Integrated Drivers
16 ultra bright smart LED NeoPixels are arranged in a circle with 1.75" (44.5mm) outer diameter. The rings are 'chainable' - connect the output pin of one to the input pin of another. Use only one microcontroller pin to control as many as you can chain together! Each LED is addressable as the driver chip is inside the LED. Each one has ~18mA constant current drive so the color will be very consistent even if the voltage varies, and no external choke resistors are required making the design slim.
Adafruit Industries NeoPixel Ring - 16 x 5050 RGB LED with Integrated Drivers