A brand new VR headset has hit Kickstarter and it’s causing quite the fuss.

Called the Oculus Rift, and imagined by one designer Palmer Lucky, it needed just $250,000 to reach it’s Kickstarter goal and yet in less than 24 hours it’s already amassed a whopping $793,871. While this doesn’t place it in Ouya territory, it certainly shows people out there are interested in an affordable VR headset.

Indeed, so many people are interested that the big guns in the games development industry have come out to support the project.

Do the names Gabe Newell, Cliff Bleszinski, and John Carmack mean anything to you? If they do then you’ll realise just how big this could well be – and if you don’t well go away and find out who Valve, Epic Games and id are! Other backers include the founders of Scaleform and the founder of Unity.

The Oculus Rift promises unprecedented, and affordable, immersion into a game with “ultra low latency” head tracking technology and 110 degrees of diagonal vision.

While the plan is to release the Oculus Rift as a consumer device, the Kickstarter page is largely focused around funding the production of a developer kit that can be sent to companies to they can begin to use the technology; therefore the page warns that “the consumer version of the Rift is still a ways down the road.”

Those who back, and pledge $300 or more, will receive a developer kit and a copy of Doom 3 BFG - which is the first Oculus ready game coming to the consumer market.