The hand-wavy answer is: go check the code and find out, however that's not accessible to everyone.

The helpful answer is: The code is out there, and the launch date is far enough away that those who do understand it enough to make that distinction should have the time to do so before it ships, so time will tell.

The Rebble folks probably are the closest to knowing, given they've been hacking on the current app for the past several years.

My guess is probably not. The target audience probably wouldn't be cool with it.

Also, there are 3rd party watchfaces and apps that will be available, so that code will need to be evaluated too. So, it's more complicated than a single yes or no.

One thing about the Pebble - and, I assume, these watches - is that they didn't have WiFi or LTE, only Bluetooth. So it wasn't possible for them to do any communication except through the apps already running on your phone. So, broadly, it's a no.