Better still, Nolo says that it is fully compatible with SteamVR, which means that in theory, you could access the entirety of Vive’s content library for a fraction of the price. The headset marker can sit atop any smartphone-containing VR device (such as a Gear VR, Google Daydream, or Cardboard), while the base station claims to have a 100-degree field of view.

As it stands, the Nolo setup is compatible with Android devices, though the company says it will work with iOS at a later date. And while the SteamVR compatibility is probably the biggest draw for folks interested in Nolo for now, the team says that the device can also be used with native mobile VR games.

With three weeks still left in the Kickstarter campaign, Nolo has already raised nearly $190,000 from more than 1,300 backers. But don’t get too excited too soon — as Upload VR points out, Nolo’s wireless setup needs you to stream content from a PC over the Riftcat and VRidge apps, which will come with latency issues. While Nolo supposedly can keep the delay to under 20 milliseconds, even if they’re off by a minute amount, it could make gameplay near impossible. But hey, maybe you’ll have a chance to test it out for yourself to see.