Up until now, multi-billion dollar electronics companies like Nintendo, Sony and Microsoft have dominated the video game industry. With the help of hundred-person video game studios and massive marketing campaigns, they've been consistently successful at producing high-end, $300 gaming consoles along with libraries of $60 games with killer graphics. All so you can sit in your living room and zone out, tethered to your virtual battle ground or utopia or whatever, while tethered to your television with a controller.This was how things were done before the birth of the smartphone, which took gaming out of the living room and into your pocket. More dramatically, the new era of touchscreen entertainment took game-buying out of your local Wal-Mart's electronics section and into the App Store, where suddenly mom and pop operations were charging 99 cents for games and no consoles were necessary.There's a new start-up raising money on Kickstarter that wants to bridge the gap between those two worlds. Ouya is raising money for an eponymous, $99 console that's built to bring gaming back to the living room and game development to a new open source community. Designed by the guy behind Jawbone's Jambox, the Ouya console is built on the Android platform and features a Tegra 3 quad-core processor, 1GB of RAM, 8GB of flash memory and a 1080p HDMI connection. The controller looks a lot like the one that comes with the XBox except it comes with a touchscreen for playing mobile games on the big screen. The hardware even comes with standard screws so that you can open up the case and tinker with the guys.Read the rest of the article over at Motherboard.