The Oculus Rift, designed by Palmer Luckey, combines immersive stereoscopic 3D rendering, a massive field of view, and ultra low latency head tracking to form the future of gaming as we know it.
Luckey described the reason for starting the project as a simple void in the field.
"There was nothing that gave me the experience that I wanted where I could plug in and actually be in the game," said Luckey. "I was sure there was something out there that I could buy, but the reality is there's nothing. I set out to change that with the Oculus Rift."
Despite having 29 more days to go on Kickstarter, the Oculus Rift has already reached its required $250,000 budget and more so. After getting 3,401 backers to sign on, Oculus Rift has $837,490 in financial support. Compare this to the $426,156 in funding from 1,742 backers the project amassed at 5:00 p.m. August 1st.
He's not alone in this opinion. Executives from Unity, ROR3, Epic Games, Gaikai, and Scaleform are also raving about this project.