Update: The project is now fully funded, reaching over $2 million with another 28 days to go. The project was sitting on around $20,000 a little over 12 hours ago.

Kickstarter has spawned all sorts of interesting projects but the latest is the previously-rumoured Ouya console, which intends to bring Android games to the living room. The console is being designed by Jambox designer Yves Behar and has industry veteran Julie Uhrman at the helm of the project.

The Kickstarter project is looking for $950,000 in order to get the proposed console off the ground, with the funds to be spent on converting the prototype into a production model, fund a little first-party game development and get dev kits and a first production run going. The console is expected to cost $99 when it launches and each user will have access to an SDK and modding of the unit will be welcomed.

OUYA is a new game console for the TV, powered by Android.

We’ve packed this little box full of power. Developers will have access to OUYA’s open design so they can produce their games for the living room, taking advantage of everything the TV has to offer.

Best of all, OUYA’s world-class controller, console, and interface come in one beautiful, inexpensive package. All the games on it will be free, at least to try.

Source: AllThingsD