Ouya: Panacea For Console Biz or The Next Phantom?

Veteran journalist Chris Morris tackles the major reasons why Ouya could be a revolution or a mere footnote

Any time a start-up makes $4.5 million in four days through crowdsourcing, it’s bound to raise a few eyebrows. And Ouya has certainly done that.

Enthusiasts are dreaming of a dark horse console that will bring gaming back to its roots, ending the cycle of sequel-itis and injecting some fresh new game mechanics into the industry. Skeptics, meanwhile, say those Kickstarter supporters could be throwing their money away on a product that will never find a significant audience.

Ironically, they could both be right.

Read more at GamesIndustry.biz

Crowd-Funded Game System Hopes to Take on Microsoft, Sony

As Nintendo prepares to launch its latest videogame console this holiday season – and Microsoft and Sony continue to prep theirs for an expected 2013 launch – a new competitor for the living room is threatening to steal their thunder.

Ouya – an upstart technology firm with some big industry names behind it – is bypassing traditional financing methods and relying on crowd funding to raise capital. And gamers can’t seem to hand over their money fast enough.

Read more at CNBC.com