Fashion is cyclical, and apparently, so is gaming. Long-lost video game pioneer and creator of the ColecoVision, Coleco, is putting out its first console in nearly three decades with the Coleco Chameleon.The Chameleon is just as retro in function as Coleco is in name, as it is going to play games exclusively on cartridges, a format that's been abandoned for CDs on game consoles as back in the Nintendo 64 era. Coleco appears to have made their console a reality after a team-up with Retro Video Game Systems. Retro VGS recently launched an Indiegogo campaign to fund making a modern console of their own, and while the original pitch fell short of its monetary goals, it seemed to attract Coleco's attention.In a report by Retro Gamer, Coleco plans to try crowdfunding for the retro console again, hoping that moving to Kickstarter over Indiegogo and the rebranded household name will be the necessary shot in the arm to get the machine off the ground.Coleco claims the the Chamelon will "accurately play compilations of favorite games from the past," as well as new games that released in an 8, 16, and 32-bit style. The Chameleon seems to also commit to the Retro VGS' prior goal of creating a modern console that, without internet connectivity, isn't subject to updates, piecemeal downloadable content, or the risk of becoming unplayable in the far future.Coleco plans to debut the Chameleon at the New York Toy Fair this February. Seeing the name 'Coleco' return alongside plastic game cartridges in 2016 is sure to turn some heads, if not convince some that they've gotten stuck in a time loop.See more great tech reveals await on our CES news hub.Top Image Credit: The Verge

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